Yeah, I admit I fell for it too
this post was submitted on 10 Jan 2025
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Colleges and universities started jacking up their tuition around 1980, when they realized they could charge far more without losing enrollment. So, being the businesses they are, they kept jacking it up. And the beauty of it is that nobody's blaming them, it's all boomers' fault for encouraging education. Win-win!
college tuition is the only thing that rose faster than CEO pay for the last 40 yrs
In the case of at least one school, the state was also cutting back funding.
I would love for this chart to have two extra lines: the cost of tuition and an inflation adjusted cost of tuition. Without those numbers this chart could simply be "the school spent more while getting constant state funding and made the difference up with tuition". That wasn't actually the case here, but the chart doesn't make it obvious.
Aid has decreased while tuition has increased because the oligarchy presses government to cut everything that doesn't benefit them personally. Society values education and knowledge. Oligarchs value well educated workers they can make money off but didn't have to pay to educate. So they import foreign workers, saying Americans are underqualified.
Oligarchs also value an indebted workforce.
Exactly - people with fewer options make less trouble. The only tricky part is not knowing where the end of their rope is, like with that Mangione guy.
They talked me out of becoming an electrician because they thought that was a poor person's job
Same here. I wish the kids that I was in vocational classes with weren’t such meat heads. The smarter kids were all filtered out like I was.
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