Friday, May 16, 2008

Tuition Times Two

“The Center for the Jewish Future (CJF) is currently among several Jewish organizations trying to ease the high costs of Jewish education, which is a financial burden felt by the vast majority of Jewish families” (Z. Eleff, “CJF and OU Prepare to Combat 'Tuition Crisis,'” The Commentator, 3/2/06).

“Tuition Rises Yet Again” (Commentator headline, 4/10/03)

“Undergraduate Schools See 10% Tuition Hike” (Commentator headline, 5/15/06)

1998-1999 Undergraduate Tuitions and Fees
Tuition: $14,920 per year
University Registration Fee: $150 per year
Student Fees: $110-160 per year
Dormitory Rental: $3,450 per year
Dining Club Membership: $1,300 per year

2008-2009 Undergraduate Tuition and Fees
Tuition $31,594 per year
University Registration Fee $350 per year
Activity Fee $150 per year
Residence Hall Fee $7,130 per year
Meal Plan $2,750 per year

Economics (and common sense) dictates that people should pay a higher price for a better product. In the last 10 years YU has more than doubled in price. Has YU doubled in product?