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He did actually say why colleges are getting more expensive much faster than inflation: their state budgets are being cut.
by eli_gottlieb 11y ago
He did actually say why colleges are getting more expensive much faster than inflation: their state budgets are being cut.
- hga 11y agoThat's only very recently, right? Like mostly post-2008. Tuition inflation has been skyrocketing, at much more than the general inflation rate, since at least the beginning of the '80s.
- eli_gottlieb 11y ago>That's only very recently, right? Like mostly post-2008. No, it also dates back to the '80s. Partly this was political: right-wing state governments wanted to crush those damned hippies. It was also demographic: states had major obligations to fund, like tax-cuts for Baby Boomers and pensions for state worker, so public higher-ed got the cut.