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Median Incomes v. Average College Tuition Rates, 1971-2012
In 1971 the tuition for a public 4-year college was $428 ($2,456 adjusted for inflation) per year. By 2012 tuition had risen to $8,646 ($8,816 adjusted for inflation) per year, a 1,920% (259% for inflation-adjusted numbers) increase. Meanwhile, the median income in 1971 for men was $6,903 ($34,898 adjusted for inflation) and for women was $2,408 ($12,174 adjusted for inflation), making tuition 6.2% of men’s median income and 17.8% of women’s median income per year.
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