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As everyone knows, the costs of a humanities degree (or any degree) has been increasing much faster than inflation - while at the same time, the earnings potent
by charleslmunger 8y ago
As everyone knows, the costs of a humanities degree (or any degree) has been increasing much faster than inflation - while at the same time, the earnings potential of a humanities degree has dropped. Student loan debt and high housing costs are shackling a generation of college graduates.
Undergraduate tuition and fees at the author's university total nearly $50,000 a year - and that's without counting food, textbooks, rent, etc. Even with help from financial aid, that is a huge amount of money (largely paid for by non-dischargeable debt) to spend on a degree that doesn't provide significant new career prospects.