One Chart That Makes It Clear College Tuition Is Becoming Unaffordable
By Tyler Kingkade, The Huffington Post
What makes college tuition more expensive? Americans' flatlining incomes.
A new chart made by our friends at FindTheBest shows not only has college tuition grown significantly faster than inflation, health care costs or the price of food, but higher education has gotten much more expensive due to a stagnant median income in the United States. Keep reading >
Chart by Find the Best
The comments from Huffington Post are interesting too. Here are a couple:
Matt Hibbs · The Jackson Laboratory
Clinton Weir · Top Commenter · QA Engineer at Wolfram Research
Nonetheless, I think the more misleading part is that they're using the median income in the United States to criticize the value of college in the first place. Income has become increasingly bimodal, with growing wages for those at the top and shrinking wages for those at the bottom. The question becomes, how do you get from the bottom to the top, and for most people who manage to do so, the answer is education.
As the income divide between those with higher education and those without grows, the value of a higher education grows as well.
