The cost of education has undergone dramatic changes over the last century. Institutions like Harvard, Yale, and others were initially attended by 0.001 percent of the population. By 1900, the average tuition for private schools was anywhere from $75 to $300 per student.
Those figures have dramatically increased since. Today, the average cost of tuition for a private, 4-year, university sits at about $30,000 per year. Two-year community colleges run about $3,000 a year per student.