/——/ Same for me except I went to SUNY downstate and my beer was free because my job was tending bar at a college pub in Queens. The high rollers had Heineken for $1 a bottle. I was happy with Shafffer or Rheingold on tap.I went to SUNY Buffalo starting in 1974. My tuition for my first year was $650 (32 credits). I received a Regents Scholarship for $210 a year. We drank Genny Cream for 35 cents and chicken wings were 50 for $5./——-/ I found a tuition bill from SUNY dated 1971. . A 3 credit course was $35 and I bought used text books for $8. I made about $25 a day and $60 for two nights bartending. Mug of cheap swill beer (Piels) was 50 cents with free peanuts. Those were the days my friend, we thought they’d never end....Aye, I also enjoyed those years.
Trouble was though RW, it was a mirage.
Robert Rubin/Larry Summers/Alan Greenspan devised the "debt as income" economy.
Without a doubt it created a massive growth in the economy and lead to the 80's booming yuppie culture of materialism and "shopping as entertainment".
Trouble was, of course, it had to end. People were spending money they haven't made yet. Buying homes that were way out of their sane reach. It was common for folfs to be walking around with $15-$30,000 in credit card debt alone. All that buying created the "Reagan/Clinton boom". A Castle Made of Sand.
And this also created Corporatism. Which is destroying America, little by little, day by day.
I think today the problem is college debt for young folks. When I was a young man, few went to college. Out of a class of 40 high school students, perhaps 10 went to college and Lord knows how many graduated.
Today you are a lost soul without education, but that education will set you back ten years of repaying loans.
My nephew graduated with a Masters and has a great paying job, but paying off his debt is something he's counting on until his mid 30's or later, and that's on top of my sisters loans that she took out.
I paid for my college with tutoring and a restaurant job. Yeah, that's messed up, too.
College costs are 5x what they were.
I paid for college making $2.10 an hour summer jobs.
Price of college has escalated while minimum wage has not
I would work summers at $2.10 an hour and that would pay my tuition and books for the next year. My parents paid for my dorm room that was about $375 a year.
Minimum wage used to pay for basics to get started in life. Now, students go deep into debt for the same education