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Old 02-09-2008
sailaway21 sailaway21 is offline
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bf nails it.

jody,
The increases are far and away above any cost of living or inflationary increases. The number I've heard is approximately 15% per year on average. Have you been getting an annual increase of 15% for your labors or do you know ANYBODY who has? Any business would be quite happy with that annual increase in revenues per unit sold, except they're lucky to keep up with inflation, mostly due to market competition forces.

Actually, most college grads, upon graduation, start out at a lower salary than they'd be making had they been exclusively in the work force the preceding 4 years. Some grads actually take a pay cut from the job they have during matriculation to enter their chosen field of work. It's down the road that their salary passes the non-college educated worker.

The converse of "if you tax it, you get less of it" is "if you subsidize it, you get more of it". We're not subsidizing college, we're subsidizing college expenses, a difference not without a distinction.
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