In 1978, minimum wage was $2.65 and hour and tuition at my community college was $10/ credit hour. You’d have to work 3hours and 45 min to pay for one credit hour. Now, min wage $12 and credit hour is $134; you would need to work 11hour and 10 min for one credit hour. Higher education is not adequately funded. The best solution is to have no or extremely low interest loans. These young adults are paying interest on interest. I’m not in favor of the Biden plan because it is not fair. Rather wipe out or lower interest rates.
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