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"I worked there over 20 years ago."

Enough said. Tuition today is a hair below $40,000 for an in-state student* compared to a hair below $5,000 in the mid 90's. They can afford every penny.

: https://admissions.berkeley.edu/cost

*: https://www.dailycal.org/2014/12/22/history-uc-tuition-since...

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Might want to double check your sources. Tuition is $14,000 now compared to $5,000 when I was there. That’s roughly double when you account for inflation.

It’s not nothing, but it’s also not super relevant.

Also in that same period, the UC system has lost more than 1/2 its state funding, hence the increase.

The school doesn’t really have any more to work with now than it used to, but has a lot more students since they are required to accept the top 2% of all California students.

Room & board is practically mandatory and costs $17.5k. That cost cannot simply be ignored and was a fraction of that 20 years ago.

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