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Aurornis 6 days ago

> Currently that university's tuition is 80,000 a year.

University tuition is a known example of an extreme inflation outlier. The cause is also known: The availability of loan dollars and the laws preventing their discharge in bankruptcy.

Tuition figures are also misleading because almost nobody pays that number. The tuition number is the maximum possible amount someone could pay without financial assistance, but when you look at the numbers you would be surprised to see that often 80% or more of students have some financial assistance. At many universities now, students with families below certain income levels have tuition adjusted down to $0.

You can’t judge university prices by the number on the website any more.

zug_zug 3 days ago | parent [-]

My point is that it's part of the standard basket and the rate they allegedly calculated for its growth didn't match up to lived experience.