A couple of weeks ago, BoingBoing posted a picture of a tuition and fee schedule for San Diego State University in 1959. Tuition was free for California residents but they still had to pay $33 for materials and services and $8 for student activities. Nonresident tuition for a full-time student was an additional $127.50. These charges were apparently all per semester.
Using this handy inflation calculator, the total per semester cost for a California resident of $41 equates to $340.16 in 2016 dollars, an inflation rate of 729.6%. Free tuition ended in 1970. Current tuition and fees at San Diego State for the year are now $7084 or $3542 per semester—compared to $340.16 that’s a 941% increase.
Just for fun I decided to run the numbers for my medical school tuition. In 1967, my first year, the total tuition for the year was $1200 or $8674.06 in 2016 dollars. The current tuition for the private medical school I attended is $52,000, a 499% increase.
I started my internship in New York City in 1971. My salary for the year was $11,000 which is the equivalent of
The average debt for a 2016 medical school graduate is now $170,000. Considering the interest accruing while the new doctor is in training, the cost of repayment will be well over $400,000 by the time the residency is finished.
College tuition has increased for a number of reasons. A 2015 New York Times opinion piece reviewed many of them. The author pointed out that "administrative positions at colleges and universities grew by 60 percent between 1993 and 2009,” or about 10 times the rate of growth of tenured faculty positions.
Here's what has happened in healthcare.
Why has medical school tuition increased so much? I have not found a plausible explanation. It can’t just be more administrators, can it?
If you know why medical school tuition is so high, please comment below.