Colleges and universities started jacking up their tuition around 1980, when they realized they could charge far more without losing enrollment. So, being the businesses they are, they kept jacking it up. And the beauty of it is that nobody’s blaming them, it’s all boomers’ fault for encouraging education. Win-win!
I was a kid then and people my parent’s aged were converting from hippies to yuppies, making greed good, and elected Regan.
It’s not all their fault, but their generation was the biggest during the era when unions were weakened or eliminated, taxes were cut, and hedge funds and holding companies were invented.
Colleges and universities started jacking up their tuition around 1980, when they realized they could charge far more without losing enrollment. So, being the businesses they are, they kept jacking it up. And the beauty of it is that nobody’s blaming them, it’s all boomers’ fault for encouraging education. Win-win!
As if it wasn’t boomers running the colleges.
In the 1980s, boomers were in their 30s/early 40s, so no they were not likely to be senior leadership in colleges at the time.
I was a kid then and people my parent’s aged were converting from hippies to yuppies, making greed good, and elected Regan.
It’s not all their fault, but their generation was the biggest during the era when unions were weakened or eliminated, taxes were cut, and hedge funds and holding companies were invented.