To determine the cost of college the year you were born, 24/7 Wall St. reviewed enrollment-weighted historical figures for average tuition and fees, including room and board, from the College Board, a nonprofit organization working on behalf of colleges and universities. Years listed are for the beginning of the academic year. It is important to note that the inflation adjustment figures for college costs come directly from the College Board’s analysis, whereas 24/7 Wall St. made the inflation adjustment for personal income based on the personal consumption expenditure price index, which came from the U.S. Bureau of Economic Analysis, and is chained to 2018 dollars. The share of adults with at least four years of college came from the U.S. Census Bureau’s Current Population Survey.
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