
Why College in America is Broken [And What You Can Do About It]
Money Guy Show
00:00
How Does Inflation Affect College Costs?
Back in the seventies, before the middle income assistance, a middle income student assistance act, was passed, college costs were actually decreasing. And then college costs have now sky rocketed. They have kind of blown through the roof, a hundred forty two % and inflation adjusted dollars. So let's take an account minimum wage. How much of a minimum wage job would you have to work back in the Seventies to pay for college? Verse is where we are now.
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