[Billthedrill]

Attempts to fix the college's financial problems by nearly doubling tuition didn't help.

Hmm...ya reckon?

Dowling College costs

Tuition's just north of $29K a year. Total cost - this is Long Island - right at $45K. $180K for a four-year degree. Cha-ching!

[Calvin Locke]

I remember an article about Yale's apprehension about breaking the $25K barrier at the time. Early '90s, maybe?

Unfortunately, the herd mentality took hold both among the graduating HS seniors at the time, and the other schools. The former were happy to pay the extortion, and the latter were happy to find out the upper end of what the market would bear.