> 1) they cherry pick the timeframe for historical comparison and conclude college has gotten cheaper (a more honest analysis for that period is that it stayed flat). What about 20, 30, 40, 50 years ago? The silence sure is loud.
The exact quote from them is:
"Sticker prices are rising while net costs remain steady and, in some cases, drop."
I guess you can call that cherry picking, but they're not exactly taking that data and concluding everything is fine. The following paragraphs go through the various reasons why the high prices are bad.
>Yet even with decreasing costs and with discounts, college can still feel unaffordable to many.
>2) Good for them using inflation-adjusted prices. Too bad incomes haven’t kept up with inflation.
Source? At least according to this graph from the BLS[1], incomes have generally kept up with inflation. There are periods where that's not the case (eg. post 2020), but that's likely due to lockdown effects (eg. service workers, who are typically low paid, were laid off, so they were excluded from the average, which bumps it up).
[1] https://fred.stlouisfed.org/series/LES1252881600Q