this post was submitted on 27 Feb 2025
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Why are so many young people struggling to finish education or find a job?

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[โ€“] [email protected] 11 points 1 day ago (1 children)

Minimum US wage in 1960 was $1.00/hour and the cost of an average US home was $11,000.00

Ivy League schools charged less than $2,000.00 a year.

Even if someone is making $15.00/hour in 2025 they are taking home about $30,000.00 a year.

Price of the average US home is $418,000. Ivy League tution is about $60,000.00 a year

[โ€“] [email protected] 4 points 1 day ago

Do you have any idea how much time it would take to make billionaires with those 1960s prices?! /s