2. The Cost Of Tuition
Who would have thought that college tuition will be more expensive than a Ferrari; not my grandfather i’ll tell you that much.. The chart shows how much college tuition costs went up since 1980.
Ironic isn’t it? It doesn’t matter how much we technologically progressed, tuition costs have been inflating about 1000 times faster than the national inflation rate. Despite a national deficit over over $1 Trillion, we are still falling prey to this Ponzi scheme, pushing our kids to follow our footsteps in Diploma Mill State University, while our American seniors are short on retirement funds due to Anthropology hippies defaulting on their student loans.
And that brings us to the next part..