Tuition costs have risen 710% since 1983 (1200% since 1980). Inflation: 194%

Re:Tuition costs have risen 710% since 1983 (1200% since 198... by solarmist on Monday July 10, 2023 @01:33PM (#36669806)

Demand isn’t fully inelastic. Many people are forgoing college that would’ve gone 20 years ago. It’s not huge yet, but it is happening.

The rest of your point stands though.

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by toomuchtodo on Monday July 10, 2023 @03:34PM (#36671781)

Agreed, but they're forgoing college because they better opportunities without acquiring the BS credential due to a tight labor market, demographics and older folks retiring making trades and non college paths more lucrative, etc. The debt load is not worth the potential opportunity benefit.

The whole "get a college degree if you want to be middle class" scam is evaporating, which results in your observation.

https://reason.com/2023/03/31/poll-most-americans-dont-think...

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