This week I was listening to a podcast and the guy on there said that the cost of college tuition has gone up 2,100% since the time our parents went to school. I thought that figure was way off so I did my own research.
What I found was that the cost of private school has gone up that much. Here’s the part that I feel really matters. When adjusted for inflation the cost of in state tuition has gone up 90% since 1960. The average starting salary for a person with a Bachelor’s degree has gone up 5.85%. It’s not hard to see the over-valued relationship here.
A quick Google search…
