The worst part about that is that this is also in NY where $1,000 a month in rent can't get you anything and it probably costs $3,000 a month in housing and food...and that is living on raman noodles.
The median income drops in the last 15yrs, while the average public university tuition has INCREASED by over 200% in that time.
Here in Michigan, the data is the following by comparing Michigan State undergrad tuition and the median Michigan household income:
-From 2007 to 2013, there has been a 35% increase in tuition vs. a 1.5% increase in Michigan Median Household Income.
-From 2003 to 2013, there has been a 117% increase in tuition vs. an 11% increase in Michigan Median Household Income.
-From 2000 to 2013, there has been a 182% increase in tuition vs. a 10% increase in Michigan Median Household Income
-From 1992 to 2013, there has been a 275% increase in tuition vs. a 55% increase in Michigan Median Household Income