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When will the first university or college charge $100,000 per year?
When will the first American college or university charge $100,000 or more to attend? What might that mean for higher education?
I first asked this question back in 2018. I wanted to use that psychologically important six figure price as a milestone to come, a signal event in the history of rising published institutional charges. In that post I offered a forecast. Today I’d like to check in on that post, as I’ve been doing ever since (for examples: 2021, 2022).
To recap and summarize: I was trying to estimate when the first American campus would crack $100,000 for total cost of attendance for a year of full time undergraduate schooling. That means the combination of tuition and fees, plus room and board. It includes only published prices, not accounting for discounts through scholarships etc.
For example, here’s the official, published total cost of attendance for the University of Southern California, with a helpful breakdown:
Amherst College helpfully adds some further expenses: