When it comes to preaching financial savvy to college students forking over considerable cash for school, the “back in my day” argument doesn’t apply.Let's look at administrative bloat. Let's look at the cost of "diversity" initiatives. Here in California, let's factor in illegal immigrants, just for fun. Let's look at the amenities that schools generally didn't have in 1979 that they have today--the ever-popular rock-climbing walls, the buffet meals, "free" wi-fi. Do the dorms look anything like what they looked like in 1979?
Working hard and living at home can only go so far in staving off debt for today’s students because of steep fee increases that have unfolded over the past 40 years, according to the California Budget and Policy Center determined in a recent data analysis.
The center adjusted 1979 college tuition and fees for inflation and found the cost of attending a University of California school is six times greater than 40 years ago. A year at UC today costs $14,400, up from an inflation-adjusted $2,200 in 1979.
I'm not convinced that "inflation-adjusted dollars" captures the entire issue. But I'll play along, let's start cutting the diversity offices and so-called Bias Response Teams. Oh, and students? Quit voting for higher fees! (I'm talking to you, UC Davis Aggies, who have voted yourselves the highest fees in the UC system.) And maybe schools shouldn't accept students who need remedial math or English work--so those students won't have to worry about the cost of a CSU/UC degree and can go to community college instead (where lesser-prepared students belong).
Any other ideas?