Mother Jones via Balloon Juice: Six years ago, tuition at the University of California was $5,357. Now $12,192. Slated for $22,068 by 2015.
If the tuition increase rises as projected, in ten years, the price of a public education in California per year will increase from less than the price of a used car to a couple thousand less than the per capita annual income of a US worker.
So for a four year degree, California students would be paying more than two years of future salary where before they would have paid about half of one year’s salary, to graduate to a labor market where youth unemployment is 25% for 16-19 year old students and 18% for 16-24 year old students, which is equal to Egypt’s youth unemployment and Morocco’s respectively, with college degrees of declining market value for men and women.
I am 24 years old. I am lucky to have a job, but that I am lucky and other job seeking youth are not, is not acceptable. American youth don’t have jobs because of policy decisions made against our interests for decades. I’m surprised the protests aren’t bigger.
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