In the US, the price of college #tuition started rising faster than household #income in 1982, the year I started teaching college. I had a front-row seat to this slow-motion train wreck. The chart in this article shows how bad the price/income growth disparity has become.
https://www.forbes.com/sites/eriksherman/2023/07/23/1982-the-last-time-college-costs-kept-pace-with-median-income/

#Academia #Affordability #Colleges #HigherEd #Universities #Inflation
@academicchatter