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.

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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