I can’t easily verify this one way or another, but it doesn’t seem correct. 10 yrs. today vs. 25 yrs. in the 70’s to recoup? I would like to see college cost comparisons, adjusted for inflation, and subsequent salaries, also inflation adjusted. This just sounds like more journalistic lipstick being applied on the economic pig.
Right. That chart doesn't pass the smell test.
You hit the nail on the head. Inflation.
$20,000 was a lot of money years ago. It would buy a year at a private college or 4 Volkswagons. Yesterday’s dollar is not today’s dollar.
I think that chart is upside down or a chart made at the behest of colleges trying to justify their very high costs.