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Additionally, some items from our D's school's website, posted in 2006 (I'd guess these issues apply to most small schools):
"Over the past decade, the Reed College tuition has increased from $22,180 to $34,300. That's a nominal increase of 55% and an inflation-adjusted increase of 22%. And that's just the price. The cost of a Reed education (what we spend per student per year on the educational program, excluding living expenses and financial aid) is now $36,726, up 78% in 10 years (40% in real terms)."
"A major reason is the fact that education is subject to a higher rate of inflation than industries able to shift costs off shore or achieve major savings by automation."
"10 years ago Reed's institutional financial aid grants satisfied 64% of an average student's need. Today, that figure has grown to 81%."
"Over the past decade, the percentage of Reed students receiving scholarship awards has increased from 48% to 52%, and the average institutional grant per scholarship student has grown from $12,998 to $25,057."
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