[mkirklions]

>make a college education cost hundreds of thousands of dollars, or impose 40 years of wage stagnation in this country.

Lets see if this exaggeration is upvoted or downvoted by HN whales.

Its a very sympathetic argument, but its not true. Curious how our overlords respond.

EDIT: Since I cant post, I'll respond here. Someone posted links saying-

> the College Board reports that a moderate college budget for an in-state public college for the 2017–2018 academic year averaged $25,290. A moderate budget at a private college averaged $50,900.

> college education cost hundreds of thousands of dollars

According to your source, this is 4x cheaper than the (200k+ that OP claimed)

And the wages have gone up, with inflation(from your link). Not sure if you should blame the government for this, but I don't see anyone in this thread complaining about Fiat currency policy.

[0d311]

Sorry, but this is just... True?

https://www.collegedata.com/cs/content/content_payarticle_tm...

http://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-...

[aoeusnth1]

I think you're forgetting to multiply by 4.

$50900 * 4 = $203,600.

[kadendogthing]

It is true by all available quantifiable metrics.

EDIT: From your own source:

>academic year

That is the budget for one, 1, uno, academic year. There are typically 4 academic years required for the majority of degrees.