How much was college in 60s?

Year and control of institution Constant 2012-13 dollars1 Current dollars
Total tuition, fees, room, and board Tuition and required fees2
1963-64 $9,361 $508
1964-65 9,503 530
1965-66 9,598 549

How much was a college education in 1960?

By 1960, with enrollment surging, even more money was needed, and a major tuition hike was forecast. That year, college costs surveyed by TIME included $2,015 for tuition, room and board, and fees for a year at Bates, and $1,450 for Lewis and Clark. (That’s $16,400 and $11,800 today.)

How much has the cost of college increased since 1960?

Adjusting for inflation, that’s a 114 percent increase since 1960. The cost of higher education has grown at an astonishing rate as well. Attending a public university in 1987 cost around $1,490 per year, the equivalent of $3,190 in today’s dollars, Student Loan Hero reports, citing data from College Board.

How much did college cost in 1968?

Today’s Average College Tuition Is 31x More Than It Was in 1969

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Average Cost of Four-Year College
Academic Year Four-Year, Public Four-Year, Private
1968-1969 $329 $1,487
1969-1970 $367 $1,639
1970-1971 $405 $1,792

How much was a semester of college in 1970?

Today’s Average College Tuition Is 31x More Than It Was in 1969

Average Cost of Four-Year College
Academic Year Four-Year, Public Four-Year, Private
1969-1970 $367 $1,639
1970-1971 $405 $1,792
1971-1972 $430 $1,830

How much did a car cost in 1960?

In 1960 the average new car costs about 2,752 dollars, and a gallon was gas was around 31. cent.

How much did milk cost in 1960?

1960: $1 per gallon.

How much did a loaf of bread cost in 1960?

The Price of Bread

YEAR Cost of 1 lb. of Bread Federal Minimum Wage
1930 $0.09 None
1940 $0.10 $0.30
1950 $0.12 $0.75
1960 $0.23 $1.00

How much was rent in the 60s?

In the 1960s, rents averaged about $200, but one could still find a lot of housing for $100 or less.

What is a million dollars in 1960 worth today?

Value of $1,000,000 from 1960 to 2021

$1,000,000 in 1960 is equivalent in purchasing power to about $9,223,074.32 today, an increase of $8,223,074.32 over 61 years. The dollar had an average inflation rate of 3.71% per year between 1960 and today, producing a cumulative price increase of 822.31%.

How much did college cost in 1940?

What kind of job could pay for that? ” In 1940 the cost of tuition, room and board at Harvard was $924 and the minimum wage was 30 cents an hour. Today the cost of tuition, room and board, plus a required facilities fee of $625, is $12,100.

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How much did college cost in 1959?

Related Links

Year Other Expenses*
1956 Room and Board: $835 Books: $50
1957 Room and Board: $885 Books: $50
1958 Room and Board: $900 Books and Equipment: $75 Personal Expenses: $395
1959 Room and Board: $950 Books and Equipment: $75 Personal Expenses: $345

How much did college cost in 1930?

Related Links

Year Other Expenses*
1930 Room and Board: $520 Text-books: $35 Clothing and miscellaneous: $260
1931 Room and Board: $520 Text-books: $35 Clothing and miscellaneous: $285 (an increase of $25)
1932 Room and Board: $520 Text-books: $35 Clothing and miscellaneous: $285