Record number of millionaire college presidents

Discussion in 'Free Speech Alley' started by Sourdoughman, Nov 2, 2009.

  1. Sourdoughman

    Sourdoughman TigerFan of LSU and the Tigerman

    Oct 11, 2003
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    Record Number of Millionaire College Presidents - Local News | News Articles | National News | US News -
    Interesting article, its too bad Ceo's get all the bad publicity!

    College Tuition: Going for Broke - BusinessWeek

    Accelerating prices at public schools

    "This year's 6.5% tuition increase for public colleges is almost identical to last year's increase (6.4%), but it's particularly worrisome because of the long-term trend, Baum says. From 1979 to 1989, the price of attending a public four-year institution went up in inflation-adjusted dollars at an annual rate of 3%, increasing to 4% from 1990 to 2000—and, for the most recent decade, nearing 5%.

    "At public four-year colleges, we've seen a rapid rate of increase in prices and that trend has been exacerbated in recent years," Baum says.

    That's the exact opposite of what has been happening over the long-term at private colleges, which have seen dips in the rate of increase of published prices. For example, the annual inflation-adjusted cost of attending a private school in the last decade has gone up just 2.6% a year, a decline from the 1980s, when the average price increase stood at 4.7%, the report says."

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