This is the Fourth post in a sequence called Strange Rumblings in the Meritocracy.
Sometime towards the end of graduate school, I got it into my head that students should be able to veto tuition hikes. It’s pretty widely known that university tuition in the United States, at both public and private universities has increased far faster than inflation or wages over the last few decades . So, as a graduate student, I and a few of my colleagues had done some research into our own particular situation and found, as you might expect, that tuition had gone up a lot. Our college’s budget in 2013 included a 4.5 percent tuition increase, raising the cost per credit hour to $1,344. One comparison ultimately stood out to us: in this same year, the Graduate Center at the City University of New York’s tuition per credit hour was $465 for in-state students, and $795 per credit hour for out of state students. Now, of course, we might expect a public university to be more affordable than a private university. But we didn’t have just one year of data. We had credit-hour prices going back to 1915 ($6.00 per credit hour, or $138.94 per credit hour in 2013 dollars, in case you were wondering, all this according to the bureau of labor statistics inflation calculator). With this historical data, and with this nifty inflation calculator, we were able to see that tuition was at or below $500 per credit unit for most of the 1970s and 1980s. Prior to 1967 or so, tuition was well below $400 per credit hour, in 2013 dollars. So, I and my colleagues stumbled into the fact that for most of our private college’s history, tuition was cheaper than it currently is at CUNY, even for an in-state student.