College in the US is more expensive than it used to be. This is true in real terms, not just pre-inflation ones.
There is much muttering about how it’s the vast administrative class, the radical upgrade of rooms and facilities, the services for snowflakes etc causing it.
There’s also the obvious point about Baumol’s Cost Disease.
So, has anyone actually done the sums the other way around?
What would be the cost of college if class and lecture sizes were what they were back in the mid 60s. Food provision, dorms, like the mid 60s. Administrative staffs like back then and so on?
Has this been done because if it has it would be interesting to see, wouldn’t it?