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As a millennial, the idea of paying your way through college on $3.05/hr is mind blowing
by jtr1 8y ago
As a millennial, the idea of paying your way through college on $3.05/hr is mind blowing
- SpaceRaccoon 8y agoFor context, you need the cost of tuition.
- dver 8y agoMy first quarter at Cal Poly was about $90 if I recall correctly. Books were $150. Commuted to school and lived with my parents, who charged me small amount of "rent". It was close to $400 a quarter near the end.
- whyenot 8y ago$3.05 in 1974, for example, would be about $15.59 today, after adjusting for inflation. What is so mind-blowing about it?
- macintux 8y agoAre you being deliberately obtuse to be rude? Clearly the parent post was contemplating making $3.05 an hour in terms of today’s cost of living, just as I might contemplate how crazy it sounds to pay 5¢ a gallon for gas.
- zumu 8y agoHonestly, paying your way through college for on $15.59 an hour is still pretty brutal.
- ForHackernews 8y agoFor context: https://www.theatlantic.com/education/archive/2014/04/the-myth-of-working-your-way-through-college/359735/ https://www.theatlantic.com/education/archive/2014/04/the-my... > A credit hour in 1979 at MSU was 24.50, adjusted for inflation that is 79.23 in today dollars. One credit hour today costs 428.75.
- pjc50 8y agoAverage college cost $25k/year: https://www.collegedata.com/cs/content/content_payarticle_tmpl.jhtml?articleId=10064 https://www.collegedata.com/cs/content/content_payarticle_tm... That's about 1600 hours at $15.60, or 40 x 40-hour weeks. So you need to work most of a year to pay the tuition for a year. And this doesn't account for your living expenses, taxes etc.
- bunderbunder 8y agoYou can't really compare an inflation-adjusted income from the 1970s to college tuition today, though, because tuitions have been increasing faster than inflation for a good long while now. Here's an infographic that does a more detailed comparison: https://college-education.procon.org/view.resource.php?resourceID=005532 https://college-education.procon.org/view.resource.php?resou...
- cglace 8y agoDepends on where and the type of school you go to. For example, average in-state tuition in GA is $10,183.
- patrickg_zill 8y agoBasically in the 70s and before you could work 8 weeks during the summer and have enough to cover the basics for the school year, room/board /tuition /books.
- ConceptJunkie 8y agoI was in school at Virginia Tech from '82 to '87. My summer jobs were able to pay for about 1/3 of the total cost of college. Nowadays, I imagine it would be more like 1/10 or less.
- fatnoah 8y agoI was in school from 1993-1997. My summer job (full-time @ $5/hour) paid for about 13% of the total costs and about 38% of the after-scholarships cost.
- patrickg_zill 8y agofound a receipt from Univ. of Houston on Twitter: https://pbs.twimg.com/media/DkiDeV8UcAADv1j.jpg https://pbs.twimg.com/media/DkiDeV8UcAADv1j.jpg Cost for the courses and parking etc. for 1 semester was $152.50 . I guess the student had to buy some books also - so say, even $100 in books would take it to $252.50 ? And 1975 minimum wage was $2.10/hour. So ~ 120 hours of labor (1 month) was enough to cover tuition and books.