In 1976, state governments provided six out of every ten dollars of the cost of students attending public colleges. The remainder translated into modest tuition bills—just $617 at a four-year college in 1976, and a student could receive a federal Pell Grant for as much as $1,400 against that and living expenses. Many of the country’s biggest and most respected public colleges were tuition-free, from the City University of New York to the University of California system.

