The problem isn't the cost of college, it's the chronic underpayment of a proper wage post graduation. College costs accurately reflect the impact of inflation. It's wages that are depressed. We can thank our corporate masters for that.
Inflation is a different rate for each person really, but you can group it. The rate for the middle class, spending on things with semi-fixed supply like a desirable house or college, is higher than for lower class. The rate for upper class is the highest. Probably has to do with each one's asset mix (or lack thereof). The only thing shared between them all is our US Dollar which tends to double in supply each decade.
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The problem isn't the cost of college, it's the chronic underpayment of a proper wage post graduation. College costs accurately reflect the impact of inflation. It's wages that are depressed. We can thank our corporate masters for that.
Inflation is a different rate for each person really, but you can group it. The rate for the middle class, spending on things with semi-fixed supply like a desirable house or college, is higher than for lower class. The rate for upper class is the highest. Probably has to do with each one's asset mix (or lack thereof). The only thing shared between them all is our US Dollar which tends to double in supply each decade.