Aaron let me read you an old New York Times article from 1988 that is going to make you lose your mind.

Is it about how George H W Bush got 426 electoral votes in the election that year?

Because I hate that fact what was wrong

with us we had just had Reagan. No it's a different article the headline is

quote college officials defend sharply rising tuition.

Sounds familiar.

It quotes college presidents from all sorts of universities big and small, elite in community

colleges, apologetically explaining why tuition is going up by five or even ten percent.

So you're sure this isn't from last year.

It even has the Deputy Undersecretary of Education accusing colleges of quote picking out by charging what he

considered exorbitantly high tuitions. This is like a national outrage. I see what

you're doing here. You're going to tell me that the cost of college in 1988,

this big tuition jump that had everyone up in arms

was still some tiny fraction of what we pay today.

Oh, it's gonna make you so mad.

Okay, fine, get it over with. Six thousand seven hundred and twenty five dollars per year, which in today's dollars would be about

17,000 a year, including room and board.

If people were angry at the 1988 equivalent of $17,000,

could you imagine how mad they would have been if they'd known what their kids were

going to pay?

Yeah, the average tuition now is more than double.

It's over 36,000 per year,

...