Tuesday, June 4, 2013

College Costs

My father used to rattle on about how difficult things were in his youth, that young people had so much more, were expected to do so little...  My mother said that sometimes he sounded like Ronald Reagan, but that the difference was that Ronald Reagan actually believed it, while my father knew better.

One of the things that the boomers natter on about is that students wouldn't accumulate debt if they did what the boomers did (well, some of them) and work their way through college.  What they prove here is that they can't add.  Not only have the costs of college increased, but the wages the students can earn are very much lower.  And here's the evidence, from the University of Wisconsin.

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