Hours Worked On Minimum Wage In Order To Pay For One University Credit Hour
*Flings this chart at baby boomers*
College tuition has risen by 553% since 1984. One GIF shows just how harsh that is
This is why anyone who went to college before the 1990s can shove their “Hey, I worked my way through school and graduated with no debt” talk…
"In 1979, when the minimum wage was $2.90, a hard-working student with a minimum-wage job could earn enough in one day (8.44 hours) to pay for one academic credit hour. If a standard course load for one semester consisted of maybe 12 credit hours, the semester’s tuition could be covered by just over two weeks of full-time minimum wage work—or a month of part-time work. A summer spent scooping ice cream or flipping burgers could pay for an MSU education. The cost of an MSU credit hour has multiplied since 1979. So has the federal minimum wage. But today, it takes 60 hours of minimum-wage work to pay off a single credit hour, which was priced at $428.75 for the fall semester."
college students make jokes about being in college to hide the fact that they’re dead inside
This is how I imagine my college is using my tuition money.