Another article in the Economist, titled "Will America's Universities Go the Way of Its Car Companies?" raised a question about whether it is worth paying high tuition at U.S. colleges. http://www.economist.com.proxy.library.emory.edu/node/16941775
The following graph shows increasing inflation in college tuition that is not matched by inflation in other goods.
U.S. News has calculated a The Best Values rankings for national Universities in 2011 http://colleges.usnews.rankingsandreviews.com/best-colleges/national-best-values based on the following 3 variables:
- Ratio of quality to price: A school's overall score in the Best Colleges 2011 rankings was divided by the 2009-2010 academic year net cost to a student receiving the average need-based scholarship or grant. The higher the ratio of a school's Best Colleges 2011 edition rank to the discounted total cost less the average 2009-2010 academic year need-based scholarship or grant, the better the value. Total cost equals the sum of these cost factors for each school from the 2009-2010 academic year tuition, room and board, fees, books, and other expenses, including transportation.
- Percentage of all undergraduates receiving need-based scholarships or grants during the 2009-2010 academic year.
- Average discount: percentage of a school's 2009-2010 total costs (tuition, room and board, fees, books, and other expenses) covered by the 2009-2010 academic year average need-based scholarship or grant to undergraduates.


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