3 ms·
Education used to be cheap. For some reason, it has outpaced inflation for the past 40 years and created the current problem. We could simply try to return the
by melling 7y ago
Education used to be cheap. For some reason, it has outpaced inflation for the past 40 years and created the current problem.
We could simply try to return the product we had in the 1960’s.
- onlyrealcuzzo 7y agoHistorically, dating back to the origins of Oxford, one year's worth of tuition cost 50% of median wage, but one year's worth of books cost 2 years worth of wages, and one year of board cost 5 times median wage [1]. Anyone can take MIT and Harvard classes for free online. A quality education is basically free. Community colleges cost less than 1/2 of minimum wage per year. Just because people are spending more on education doesn't mean education is more expensive. [1] http://medieval.ucdavis.edu/120D/Money.html http://medieval.ucdavis.edu/120D/Money.html