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11-10-2019, 11:35 PM
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Sage
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Join Date: Mar 2019
Posts: 5,869
Thanks: 1,301
Thanked 4,485 Times in 1,980 Posts
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Quote:
Originally Posted by OrangeBlossomBaby
Liberal arts degrees were hugely popular in the 1960's, 1970's, and 1980's. Political science was also very popular.
College tuition in the 1960's was usually less than $2000 per year. 4 years at Harvard was less than $35,000 total, including room and board for the first two years. Now it's around $130,000 PER YEAR. The cost of education has gone up MUCH higher than the salaries people expect to get as a result of that education. And much higher than the overall rate of inflation.
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This is the market trying to correct itself. Way too many people want to go to Harvard.
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