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Monday, October 23, 2017, 8:05 a.m.

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Price measure shows University of Arkansas costs are outpacing family incomes

By Jaime Adame

This article was originally published July 23, 2017 at 3:49 a.m. Updated July 23, 2017 at 3:49 a.m.

suzanne-mccray-uas-vice-provost-for-enrollment-and-dean-of-admissions

Suzanne McCray, UA’s vice provost for enrollment and dean of admissions.

Graphs showing Net price up at UA

Graph showing UA’s net price compared with peers

University of Arkansas chancellor Joe Steinmetz

FAYETTEVILLE -- An estimate of the true cost to attend the University of Arkansas, Fayetteville increased by about $700 for 2015-16, the most recent academic year with data available.

Graphs showing Net price up at UA

Graph showing UA’s net price compared with peers

University of Arkansas chancellor Joe Steinmetz

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Print Headline: Price measure shows UA costs' rise outpacing family incomes

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Displaying 1 - 5 of 5 total comments

skeptic1 says... July 23, 2017 at 10:32 a.m.

As long as colleges know there is an endless limit to federally insured student loans they will continue to increase tuition to maximize their profits. And, graduates will have more debt they won't be able to pay because they can't find a job that will ultimately fall back onto the taxpayer as that debt defaults.

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ERich2017 says... July 23, 2017 at 11:22 a.m.

I did the math on this a while back so it is more an estimate, but when my mom attended the U of Arkansas in the early 1970s her tuition was $200 per semester or $400 per year. She worked at the telephone company on the switch board during the summer 40/hrs/week for $1.50/hr to pay for the next years school bills. And 20 hrs/week during the school year. Adjusted for inflation today, she would be making $9.47/hr and her tuition would be $2525.31/yr. Assuming no other expenses it would take about 7 weeks at 40/hrs/week to pay a years tuition.

Today, tuition (not net cost, just line item tuition) is $8820 (not including room and board, etc) at UofA for one year. That means it would take 24 weeks of 40 hr/week wages (at $9.47/hr) to pay for one year of college. (Assuming no other expenses).

What am I missing??

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Popsmith says... July 23, 2017 at 11:53 a.m.

This must be the cost to the student; the cost of education plus peripherals. It sure smells like students are being gouged.
Back in the day, our superintendent and the principle shared a secretary. Now there is a principle for each grade and a staff of twenty administrative assistants. Where do our "education" dollars go?

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Popsmith says... July 23, 2017 at 11:54 a.m.

Maybe we can do without the education business and the insurance business gouging us.

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arkateacher54 says... July 23, 2017 at 7:20 p.m.

Higher ed - another government scam.

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