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At least for eduction this increase can be explained by the simple supply and demand; Americans on average have never been as educated as today. The demand for
by IMTDb 2y ago
At least for eduction this increase can be explained by the simple supply and demand; Americans on average have never been as educated as today. The demand for college degrees and above has skyrocketed; according to the same source as you use [1]. Stuff costs less, so more people put their children through college, so education price goes up; it's the symptom of a good thing.
[1] https://educationdata.org/college-enrollment-statistics https://educationdata.org/college-enrollment-statistics