Thursday, March 10, 2005

$16,591

The cost of attending Redeemer and living on campus for the academic year 2005-2006. $11,082: the cost of tuition alone. 4.5%: the increase of tuition and fees from this year to next year. 100%: how much of Jenn's BA will be complete by the end of the 2004-2005 academic year. Extremely: how extatic Jenn is that she doesn't have to deal with RUC's rising tuition costs anymore.

I remember when I was in grade 9 and my sister and brother were heading off for their first year at Redeemer, the cost of tuition and housing came to no more than $11,000, if that. I thought to myself, well, when I go, it will cost me $44,000 for four years of college (for it was not yet a university), which is steep but managable. By the time I arrived four years ago tuition and housing was at $13,000. It progressed to $14,000, then $15,000, and this year $16,000. If I lived on campus all four years those little two letters behind my name would cost me $58,000. That's $14,000 more than I was banking on in the beginning... a full year of school (well, not anymore...). I realize that inflation is the name of the game, but something doesn't seem to sit right: my tuition is inflated by 4.5% every year, but why is my wage not being inflated to match? I'm making a guess that the average wage for a female college student during the summer is $9, give or take. If I worked 40 hours a week at $9/hour, five weeks a month and four months of the summer with no vacation and paid no taxes or benefits, I would make $7,200. That isn't even enough to cover the cost of tuition by itself, though it would just barely pay for room and board for the year. Am I off my rocker, or does something not sit quite right?

No comments: