I've got some news for the author of this article. University cost inflation started well before 1993. The chart here (https://www.edvisors.com/plan-for-college/saving-for-college...) shows that the divergence in university cost inflation and the greater economy's inflation started in the early 1980s. I know that my university education went up 4x in the 5 years (yes, 400% in 5 years, which equates to 32% CAGR) that I attended college, and that predates this 1993 date in the article.