Tuesday, November 16, 2010

Stuff liberals run - Colleges and universities

The ranks of the most expensive colleges have grown again: 100 institutions are charging $50,000 or more for tuition, fees, room, and board in 2010-11, according to a Chronicle analysis of data released last week by the College Board. That's well above the 58 universities and colleges that charged that much in 2009-10, and a major jump from the year before, when only five colleges were priced over $50,000.

This year marks a milestone as the first public institution has joined that elite club: the University of California at Berkeley is charging out-of-state residents $50,649 for tuition, fees, room, and board. (The price for in-state residents is only $27,770.)

All of the other 99 colleges charging $50,000 or more are private. They made up 9% of the 1,058 private institutions reporting any amount for tuition, fees, room, and board.

But hey, you can't get rich as an academician right?

Not exactly........
Following up on my previous post, 100 Colleges Charge $50k/Year -- Up from 58 in 2009-10 and 5 in 2008-09: 30 college presidents earned more than $1 million in compensation in 2008 (up from 23 in 2007), topped by Touro President Bernard Lander's $4,786,830 compensation. (Hat Tip: Ann Murphy.)

Maybe that's how the inflation curve for higher education looks like this........

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