In 1971 a worker earning the median-wage needed to work 150 hours to earn one year of college tuition fees ($617). Fast forward to 2022 a median-wage worker needed to work 500 hours to earn one year of college tuition fees ($8,804), more than three times longer!
The challenge of affording a median house tells a similar story: A median-wage worker must work 40 percent longer to earn the house in 2022 compared to 1971.
WTF happened in 1971?
