My daughter is seven. She knows at age 18 she will be going to USC. At this rate of inflation it will be well over $100K/yr by the time she's a freshman. (And this is all paid with after tax dollars.) There's a really good chance that if she does get accepted I won't be able to keep up my end of the bargain and pay for it. (Please baby Jesus, make my favorite three syllable word come true... scholarship.)
No wonder more kids aren't going to college. Yes I understand making lots of money isn't the end all be all for everyone, but imagine paying that amount of money for an art history degree or something that isn't going to be close to a good ROI for that level of cost (unless your family has F U money). And since the gov't and schools work hand in hand vis a vis student loans there is no end in sight for these tuition increases.
https://x.com/TODAYshow/status/1775496664016420997?s=20
Hey, UCLA is an option, at I’d wager half the cost
Been hearing these same arguments since I was at that age, and went thru it with my own kids, where there is a will, there is a way, just got to work at it