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

Re:Tuition costs have risen 710% since 1983 (1200% since 198... by boeingUH60 on Monday July 10, 2023 @02:08PM (#36670482)
This seems good in theory but hard in reality. The modern economy is built on debt being used for new investments. The problem is high interest rates, not interest rates in general.
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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by pixelatedindex on Monday July 10, 2023 @02:23PM (#36670772)
Debt is being used for new investment? That can’t be right - it’s gotta be some form of credit, right? Maybe I’m mistaken.
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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by boeingUH60 on Monday July 10, 2023 @03:33PM (#36671757)
Of course, it’s credit. The word “new” is redundant.
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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by uoaei on Monday July 10, 2023 @05:07PM (#36672970)
Something never asked is whether what the modern economy is built on makes sense for longer than a couple hundred years. It seems premature to assume that the modern economy is sustainable ad infinitum.
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