More and More and More

In the last 30 years the total cost of college has increased 12 fold. It’s 1,120 percent more expensive to get a college degree than it was in 1978, when the United States began keeping track, that’s according to a Bloomberg piece by Michelle Jamrisko and Ilan Kolet, who also provided this chart of the increase:

moneychart

During the same period, American medical costs have gone up 601 percent and the price of food has increased 244 percent.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer