According to this CBS report the cost of a degree in a public university in the  United States has increased 225% over the last 30 years. No word on whether this is measured in real terms or their just looking at the price but the factoid does give pause for thought. 

Innovation moved us from the famine stricken societies stuck in the Malthusian Trap to the prosperous society we live in today. We would hope then that the seats of learning in the country would be onboard with the idea of innovation and that was a result the quality of education would be skyrocketing and the cost plummeting. Anecdotal reports would suggest that’s not happening.