Why have college prices skyrocketed?

Money sucked into wormholeIn 1901 , colleges that now cost upwards to 48,000$ /year only cost 100$ per year. We know that much like the famous 5 cent coke bottles of the time , and 5 penny per gallon gas, the prices were due to lack of inflation of the American bank note. We actually wrote about why American money has fallen in value here "American Money Value Drop".Even though on the global field , the US dollar has dropped in value over 95% (and falling) in the past century , this would logically mean that  University prices should not exceed 1000$/year , right?Well, to our dismay , it appears that the lack of value in association with the U.S dollar has nothing to do with the made-up prices of colleges these days. You see, back in the day all of our colleges were well-funded by large corporations , this included...

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