Rising cost of college hurts wallet
Inflation pushes college costs higher with tuition, room, and board rising steeply since 1967. Public four year fees climbed from about $1,000 to $5,600. private colleges from about $2,100 to $12,000. Transportation, health care, clothing, books and other expenses also grew, affecting Nebraska state residents most as tuition and living costs surged.
MENTIONED IN THIS ARTICLE
U.S. Department of Health, Education and Welfare
Nebraska
Special Edition On The Economy by Mark Johnson
Economist Ken Moncrief offers cautious thoughts on inflation poverty jobs and future trends as automation rises and the economy grows more socialistic He argues full employment fuels inflation the war on poverty failed to shift wealth and a guaranteed income could provide basics while education and work patterns shift amid a rising emphasis on mental activity and shorter work weeks The piece also notes student economic concerns and a shift from cars to walking due to rising costs and maintenance burdens.
MENTIONED IN THIS ARTICLE
America
Ken Moncrief
Moncrief
Sidney High
Lyndon Johnson
Nixon
United States
Higher costs cause insurance rate hikes
Auto insurance costs are climbing nationwide with rate increases of 20 to 25 percent or more in many states. Rising auto repair prices, higher new car and tire costs, and more accidents drive insurer losses, prompting regulators to weigh faster rate approvals to keep up with the rising costs.