The education ripoff

collegeaffordability.blogspot.com. The blog is of the Center for College Affordability and Productivity and is self described, run by an economics professor affilitated with a conservative think tank. Having willingly paid huge sums for the college education of three wonderful children, I confess I wrote those five figure checks over a period of 16 years, in a state of virtual shock. My own alma mater Yale (where one son graduated) was hitting me up for $32,000 a year (for tuition, room and board--add another $6,000 for travel, incidentals, living expenses, etc., during the late '80's and early 90's.Somehow it got a lot worse when the next two issue entered college in the mid and late'90's. It was particularly galling to me to pay the Yale tuition when as a class agent responsible for raising funds from classmates every year, I was aware of the magnitude of the institution's endowment, north of 15 billion then and I believe close to 20 billion now. One of the presentations on the collegeaffordability blog mentioned that had gasoline costs increased during the last 20 years at the rate college tuition increased, a gallon of gas would cost $9 dollars at the pump today. I'm just getting acquainted with this site and expect to post more insights from it as time goes on.