FAYETTEVILLE, Ark., Aug. 3 -- The University of Arkansas issued the following news release:
Increases in college tuition are on the minds of many parents of college-aged children. Every year, parents and students look anxiously for announcements of tuition increases at their college of choice. This fall, the average college tuition is expected to increase by 3%.
Even though tuition is an integral part of the college experience for Americans, we don't know much about the evolution of college tuition and the patterns of tuition growth from a long-term perspective. To address this gap in our knowledge, in 2021, political scientist Thomas Adam (Ph.D.'98) began to collect tuition data for colleges and universities founded before 1920. This dat...