The fall in asset prices (such as subprime mortgage backed securities) during 2007 and 2008 caused the equivalent of a bank run on the U.S. shadow banking system, which includes investment banks and other non-depository financial entities.
The overall cost for on-campus students to attend Morehouse College in 2014-2015 was $47,300. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 4.2% each year.
The annual list price to attend Morehouse College on a full time basis for 2016/2017 is $47,952 for all students regardless of their residency. This fee is comprised of $24,565 for tuition, $13,322 room and board, $2,088 for books and supplies and $2,177 for other fees.