Tuition costs have risen 710% since 1983 (1200% since 1980). Inflation: 194%

Re:Tuition costs have risen 710% since 1983 (1200% since 198... by bitshiftfaced on Monday July 10, 2023 @02:08PM (#36670487)

This says that the average private highschool tuition is $15,645. In 2003, the average private highschool tuition was $8,412 (Snyder, Dillow, & Hoffman, 2008), or $14,079 (in today's dollars).

Please correct me if I've made some mistake, but plugging those numbers in shows that the annualized real increase in price is 0.5% per year over 20 years. Looks like doing the same thing for public 4 year college over the same timespan results in an annual real increase in 2.1%

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by dpierce9 on Monday July 10, 2023 @02:26PM (#36670817)

The first bullet says: “$23,839 is the average annual tuition among the nation’s private K-12 schools.”

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by bitshiftfaced on Monday July 10, 2023 @02:27PM (#36670829)

In your post, you said "private high school."

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by dpierce9 on Monday July 10, 2023 @02:35PM (#36670978)

High schools tend to cost more. I don’t think it matters a ton, you look at the chart at the bottom it is broken out and the shapes of the curves are basically the same.

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by dpierce9 on Monday July 10, 2023 @02:56PM (#36671258)

I think the average high school price is incorrect. I would love to see better data. I edited my previous bullet to reflect this.

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