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Ben Folds/Nick Hornby: From Above

99
Obdicut (Now with 2% less brain)12/08/2010 6:21:12 am PST

re: #96 sattv4u2

No, people don’t actually enough more to compensate for the climb in education prices.

Image: real_wage2.gif

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Real wages have stagnated since the 70s for everyone except the top income earners. They’ve climbed a little, but, as you can see, nothing like they did before.

Meanwhile, the price of education over time:

Image: 2d8qmqe.jpg

Image: tuition3.jpg

Has exploded, especially at the private schools.

Here’s a graph that compares actual income to college prices, so you can see that tuition & fees really does outpace increase in income hugely.


Image: college-tuition.jpg