The Cost of College Tuition From The 1900’s To Today
Yearly College Tuition Costs In 2010’s: $36,280
As debt has risen, so have default rates. The 2000’s are showing increasing loan defaults and financial stress on graduates to pay back hefty sums. In 2008 – it was noted that tuition had increased 439% since 1982 – while income has only gone up 147%. It’s no wonder people can’t pay back these loans!
No surprise that tuition costs are astronomical as liberals control the universities. Want to keep costs in check, simply deport liberals.
It’s amazing that the authors don’t point out that costs were stable until the increase in the dollar gold peg, after the peg was increased prices increased, after the government got involved in the prices went up even more. After Nixon depegged the dollar prices went up even more. Shut down the Dept of Education and Federal Subsidies and the prices will drop back to affordable levels.
The Free Market works, when government doesn’t get in the way.