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View Diary: Virginia Foxxxxxxxxx fights to uphold traditional elevator values (164 comments)

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    Foxx's anachronistic and archaic comprehension of the economics of higher education. It might just as well have been 700 years ago, given the changes that have transpired since Foxx's personal experience.

    In 1956, you could earn a year's tuition and fees at the University of Illinois in 3 weeks of full-time minimum-wage summer work. That wasn't because it cost only $100 to provide a year's worth of teaching -- it was because the government subsidized the institution.

    In 2012, with the combination of rising costs (due significantly, BTW, to the cost of providing health care benefits to university staff and employees), plunging subsidies, and stagnating minimum wages, it would take pretty much one full year of full-time minimum-wage work in order to earn a year's tuition & fees. (And we're just talking about tuition here -- you'd still have to borrow money for shelter, food, transportation and books.)

    To put the torture behind us is, inevitably, to put it in front of us.

    by UntimelyRippd on Fri Dec 07, 2012 at 08:53:14 AM PST

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