US College Tuition & Fees vs. Overall Inflation [OC]

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image showing US College Tuition & Fees vs. Overall Inflation [OC]

chartr on July 8th, 2020 at 14:42 UTC »

A lot of colleges are going back online only... but not many are giving discounts. That would seem fine if college hadn't become 1200% more expensive in the last 40 years. Overall inflation only up 230%.

Originally sent in this chartr newsletter.

Source: US Bureau of Labor Statistics

Tool: Excel

brofenkazup on July 8th, 2020 at 15:32 UTC »

This is all incentivized by the government. The government gives you a loan to pay these exorbitant prices. The college makes their money, grows their endowment and the federal government also gets their money back from you paying back your loan for the rest of your life. Oh and you can’t declare bankruptcy to get rid of it. Everybody wins except the person paying the loan.

Diablo689er on July 8th, 2020 at 15:46 UTC »

Any specific reason this starts in 1980?