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In 1979, when the minimum wage was $2.90, a hard-working student with a minimum-wage job could earn enough in one day (8.44 hours) to pay for one academic credit hour. If a standard course load for one semester consisted of maybe 12 credit hours, the semester’s tuition could be covered by just over two weeks of full-time minimum wage work—or a month of part-time work. A summer spent scooping ice cream or flipping burgers could pay for an MSU education. The cost of an MSU credit hour has multiplied since 1979. So has the federal minimum wage. But today, it takes 60 hours of minimum-wage work to pay off a single credit hour, which was priced at $428.75 for the fall semester.

The Myth of Working Your Way Through College - Svati Kirsten Narula - The Atlantic (via infoneer-pulse)

As the article points out, this is before you take into consideration the cost of living, transportation, health care, or any other costs.

(via jenn2d2)

PERFECT!

It makes me so mad when I hear someone say, “we’ll, I earned my money to pay for my bachelors degree”….
"And when was that", I always ask, which is followed by a clear realization that people who say that have no understanding of the current cost of a college education.

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