According to Bloomberg, college tuition and fees have increased 1,120 percent since records began in 1978.
How is education the great equalizer if not everyone can afford it?
The average income in 1978 was $17,000 ($59,735 in 2012 money), the average income in 2011/2012 is $47,000. Not only has the cost of college tuition + fees risen 12 folds, but we are being payed nearly $13,000 less annually.