I have decided to take today and the weekend off, so instead of just going silent, I wanted to provide you with a cool, yet disturbing infographic that was passed over to me. There is a lot of talk about the craziness with college tuition rates and how they just keep increasing year after year. I believe that my state is averaging around 7% increase each year. That is much higher than inflation and I just don’t see the justification. What is the need for the increases? Does anyone have an answer to this question?
My friends over at NonProfitCollegesOnline.com created a great infographic about the progression of college tuition over the years. They started back with the first chartered university, Harvard. They moved all the way until the present and the statistics are eye opening. It also shows that college has always been quite expensive, once you adjust for inflation. Does this mean that it was only created to educate the upper class? I will let you decide.