Quote:
Originally Posted by dyna mo
I just checked, the cost of tuition at my Alma mater since the year I graduated, 1996, has increased 3x.
the cost of gas since the year I graduated has increased 3x.
I would bet plenty of commodities had the same inflation.
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I just did the same. I was a freshman in 1989. Total then was about $3,500 a year and that included room, board, books, fees, and tuition. Today it is about $20,000. So about a 6X increase.
During that same time, the minimum wage has increased by about 3X. The big one here is housing. The average cost of a home in Portland in 1989 was around $100,000 There was just a news story the other day that said the average cost of a home in Portland is now $425,000.