"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Myth of Working Your Way Through College
Submitted by Sharon Secor on Mon, 2014-04-07 02:00
“A credit hour in 1979 at MSU was 24.50, adjusted for inflation that is 79.23 in today dollars. One credit hour today costs 428.75....In 1979, when the minimum wage was $2.90, a hard-working student with a minimum-wage job could earn enough in one day (8.44 hours) to pay for one academic credit hour....But today, it takes 60 hours of minimum-wage work to pay off a single credit hour.” It does because people are willing to pay it.
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