Back in 1980, the lies about the financial benefits of college education were becoming obvious as just that – lies. Now, 1980 seems like a high-paying dream. The numbers speak for themselves.
According to the researchers’ analysis of U.S. Census, Bureau of Labor Statistics and National Center for Education Statistics data for the years 1980 to 2019, college costs have increased by 169% over the past four decades — while earnings for workers between the ages of 22 and 27 have increased by just 19%.
Just the included chart is enough to convince all but the dumbest boomer. There is a difference, however. In 1980, for the most part, the colleges delivered educations. Now, even that is lost.