Quote:
Originally Posted by ZenGum
The vertical axis is not in $10,000 increments, it's in percentage change from the 2000 figure.
And I think the comparison is very meaningful. The reason for paying that tuition is the return in salary. Tuition is going up - faster than CPI - and salary for graduates is falling. Soon, if not already, it will be a financial mistake to go to college (for *many* degrees, says the philosophy gradaute, coughing nervously... engineering and medicine are probably still worthwhile).
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Oops. Never mind. In that case, it does make sense. I need to follow links and read.
I agree with you about it being a financial mistake to go to college with the idea that college will somehow increase your earning potential. (With the exception of subjects like engineering and medicine and so forth.) As for liberal arts, *cough*fine arts*cough*, and what's that thinking cure called? Philosomething? College should be regarded as the very expensive 4 year vacation that it is.