Excerpt from The Libertarian Republic
A simple chart created by the American Enterprise Institute demonstrates how incredible the cost of attending college has become.
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In the past 20 years, prices have inflated by 55 percent overall. But inflation hasn’t been evenly distributed. Prices of consumer goods, like cars, phones, clothes, and televisions, have remained stagnant or have even declined, providing a boon to consumers. Other products, like food and housing, have risen in price in lockstep with inflation. Health care and childcare have surged ahead, more than doubling in price and handily outpacing inflation.