Crazy statistics about college & tuition



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2 months ago

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In 1971, you'd have to work 46 weeks for minimum wage to pay for a year of private college in the US. šŸ“ˆ In 2018, you'd have to work full-time for 168 weeks to afford a year. What are some other mind-boggling stats about college & money? Here are some things to kick it off...

šŸ“ˆ Trump voters are less likely to have a college degree. And the correlation gets stronger with increasing annual income.

šŸ“ˆ College tuition has outpaced how much people earn by almost 10x. I'm not surprised why more people are asking if going to college is necessary.

šŸ“ˆ The number of weeks you have to work minimum wage (full-time) to afford a year of college (1971 vs 2018): Private: Grew from 46 weeks to 168 weeks (265% increase) Public: Grew from 22 weeks to 77 weeks (227% increase)

šŸ“ˆ Between 1980 and 2020, college tuition has inflated 1184%. Overall inflation has increased 228%.

šŸ“ˆ The Education space projects the least life-time career earnings of about $2m (median). Whereas Economics and Chemical Engineering top the list (with a median of $3.4m and $3.7m respectively). More majors here:

šŸ“ˆ The cost of college has doubled from 1971 to 2020 (in 50 years). Here is a graph that shows the progression over time:

šŸ“ˆ On average, an Architecture major spends 23.7 hours studying per week. The lowest (in a 2011 study) was 10.8 hours per week for a Speech major.

That's it for now! I'll continue adding more statistics as I discover them. Credit: r/dataisbeautiful r/charts statista .com Thanks for reading! Follow me @aaditsh for more threads like this.