re: #96 sattv4u2
No, people don’t actually enough more to compensate for the climb in education prices.
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:
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.