4 ms·
Well, to start with, inflation-adjusted home prices have gone up by a factor of 6 and inflation-adjusted education prices have gone up by a factor of 3 [1], whi
by crooked-v 7y ago
Well, to start with, inflation-adjusted home prices have gone up by a factor of 6 and inflation-adjusted education prices have gone up by a factor of 3 [1], while inflation-adjusted average wages have only gone up by $2/hour [2].
[1]: https://www.cnbc.com/2017/11/29/how-much-college-tuition-has-increased-from-1988-to-2018.html https://www.cnbc.com/2017/11/29/how-much-college-tuition-has...
[2]: https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...