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Try Not To Cringe: Paying for College in 1978 vs. Now – attn:
“A year’s tuition at an in-state public university in 1978 was $688 (in that year’s dollars, not adjusted for inflation), which is equal to 260 hours working at the 1978 minimum wage (less than seven 40-hour work weeks).
A year’s tuition at an in-state public university in 2011 was $7,701, which is equal to 1,062 hours working at the 2011 minimum wage (nearly twenty-seven 40-hour work weeks).
This doesn’t even factor in the cost of textbooks or room and board. “
