IS
gral
standpoint of the institution the main items are the cost of physical expansion,
which may be divided into building wages and building material, real
estate values, salaries, and cost of equipment. In Table 7 may be found an
index of some of these factors, showing the relative change in price, using
1913 as a base. These changes in prices are plotted in Charts 3A and
3B to show the relation between tuition charges and the cost of living,
and the cost of building. They are self-explana.tory as they give a moving
picture of what has been happening.
TABLE 7
INDICES OF COST OF EDUCATION, COST OF BUILDING,
AND COST OF LIVING COMPARED
Year
Tuition and
Fees in Private
Institutions 1
Tuition and
Fees in State
Institutions 2
Cost of
Building 3
Cost of
Living 4
Resident
Non-Resident
1900..
90
81
78
1905..
95
85
84
1910..
95
95
92
1913..
100
100
100
100
100
1914..
96
103
1915..
104
104
105
98
105
1916..
114
118
1917..
138
142
1918..
152
174
1919..
179
199
1920...
131
141
130
234
216
1921..
151
153
179
175
180
1922..
174
166
1923..
194
172
1924..
19T
169
1925..
160
154
186
173
1
Bureau
Based on data in Sears, Op.
of Lducation, “Statistics
Cit., pp. 55-61,
of Universities.
up to 1915 and
, Colleges and
after 1915 from Bulletins of the
Professional Schools” for the
respective years.
2 Based on data in Sears, Op. Cit., pp. 55-61, up to 1915 and after 1915 from Bulletins of
the Bureau of Lducation, “Statistics of State Colleges and Universities” for the respective years.
3 Index of the Federal Reserve Bank of New York.
4 U. S. Department of Labor Index.
5 First nine months only.
Chart 3A shows that the cost of living went up much more rapidly
from 1913 to 1921 and reached a higher point than did any of the fees
and tuitions; and from 1921 to 1925 still remained higher than did fees
and tuitions for residents in state universities and students in private
institutions.
