why the cost of college has skyrocketed in the past 20-30 years.
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Hi!
There are several parts to this cost increase.
– Depending on your location, governments may be investing less into education, so the student pays more.
– Students expect more from their residence. Compare rent cost increases with residence cost increases
– Food costs more and often food preparation costs (cafeteria) are also included.
– The cost increases of the various parts of an education. (books cost more. Teachers cost more)
**You asked about “cost of college**, which is a bit vague. The cost of everything has gone up, and in some areas that used to greatly fund education, this is no longer the case.
If you add in financing charges for student loans, the gost goes up again.
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