Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

Education

Paying for College

Here's What College Cost 200 Years Ago

A student room in Harvard University in 1880, Massachusetts.

Unlike their counterparts of 1816, these 1880 Harvard students had the advantage of the electric light bulb, which became available that year.

Arne Hodalic—Corbis

If you were heading off to college in 1816, you wouldn’t have had to worry about buying extra-long sheets, renting a mini-fridge, or packing a spare iPhone charger. You would, however, need to load up on candles and oil—the electric light bulb still being some 60 years in the future.

Plus, if you planned to hire a servant or bring one from home, as some 19^th century collegians apparently did, you’d have to budget for his or her wages too.

Such was the cost of college 200 years ago, based on published figures for Harvard.

The breakdown, as reported in Charles Franklin Thwing’s History of Higher of Education in America (1906), included:

Item	Annual cost in 1816-17	In 2016 dollars
Room and board	$117	$1,631
Instruction	$57.50	$802
Textbooks	$15	$209
Clothes	$200	$2,788
Laundress	$24	$335
Candles, oil	$10	$139
Servant	$20	$279
Pocket money	$52	$725
Vacations	$60	$836
Misc.	$45	$627
TOTALS	$600.50	$8,371

A year at Harvard runs a lot more than $8,371 these days, of course. The estimated cost of attendance for 2015-2016 is $64,400 to $69,600. On the other hand, because the university covers 100% of demonstrated need, it’s likely that a fair number of students and families pay considerably less than their fellow alumni of two centuries ago.

* Translation into today’s dollars is based on this formula published by the Federal Reserve Board of Minneapolis.