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I was speaking on the US, and the difference between the experience of Millennials vs the Boomer parents. It seems like runaway costs, more than anything. Tui
by douche 11y ago
I was speaking on the US, and the difference between the experience of Millennials vs the Boomer parents.
It seems like runaway costs, more than anything. Tuition and room and board have nearly quadrupled[1], while the amount of money that it is possible to earn in the kind of low-level, part-time work that a college student is capable of fitting in has sort of stagnated. I was able to earn $5-6k over the course of a summer working, which isn't a whole lot different than what my father, for instance, was able to earn in his summers in the 70s. That might pay my tuition for part of one term, whereas it paid his whole year. Meanwhile, housing costs have rocketed up as well, and the price of gas was $4/gallon, rather than $.50.
[1] http://trends.collegeboard.org/college-pricing/figures-tables/tuition-and-fees-and-room-and-board-over-time-1975-76-2015-16-selected-years http://trends.collegeboard.org/college-pricing/figures-table...
- vram22 11y agoGot it. I've heard from much older friends and relatives that in those earlier days people used to think nothing of driving across the whole of the US, for fun. On the same lines as what you say ...