4 ms·
Plenty of rather poor people were going to college 50+ years ago. They worked during the summers, or took a year or more off first to earn money and then went o
by fr0sty 15y ago
Plenty of rather poor people were going to college 50+ years ago. They worked during the summers, or took a year or more off first to earn money and then went off to school.
The graph in the article show college costs up 300% in the last 21 years.
The economist[1] reports an 11x increase in college tuition from 1978-2011.
The problem is definitely _not_ that people can't get loans but rather that college is so expensive that it requires loans in the first place.
[1] http://crimsoncavalier.blogspot.com/2010/09/who-says-theres-no-inflation.html http://crimsoncavalier.blogspot.com/2010/09/who-says-theres-...