People can complain, for example, about how college education costs have been rising faster than the rate of inflation for years . . . but those costs only affect those who are in college at any given time (which isn't necessarily a large portion of our population).
Even there, as I reflect on paying Tuition + R&B for 3 kids, I note that my costs declined, on average over time, as I refused to pay the big bucks after the first one.
The cost of college effects not just those in it, but everyone trying to save to send their kids to college. It’s gotten to where it is now nearly impossible for even upper middle class folks to send their kids to college without student loans, which are now entirely the province of the Fedzilla. The result is college grads will be debt slaves to the government. At the same time, except for some technical degrees, the typical college grad is less well educated than high school grads were 50 years ago.
People need to and will find alternatives to the college racket. A college education is simply a bad investment.
“People can complain, for example, about how college education costs have been rising faster than the rate of inflation for years . . . but those costs only affect those who are in college at any given time (which isn’t necessarily a large portion of our population). “
I don’t agree (maybe it’s different up there). People spend YEARS saving up for their kids’ college, often from before they’re born, so it does affect them - big time - maybe for 25 years, if they have several kids.
If college costs had only stayed the same relative to inflation, people would not have had to save up nearly as much and they could have enjoyed a higher standard of living.