"Dear Mom and Dad-
Not much time up here so I thought I'd get some postcards to send you when I really get pinched for time. Guess what for my C&T I have to buy two books now and one later. One costs $2.25 (lab book) and the other cost $8.25 (can you imagine!!!) I'm going to try to get the latter one second hand if I can. The instructor said she wasn't sure how many would be available since this was only their second year in use. Also I have to buy another book for Sociology - $2.50 (scream!) Money is going fast! Rained all day today. This girl gave me one of those cool plastic rings because it didn't fit her. I offered to pay her for it but she wouldn't let me, but she loves my house slippers so I told her you'd make her a pair. Will you?-------Me---------- WRITE"
For my daughter's four classes, at a state university, the cost were $225 for one book/software combo which she purchased and $150 each for the other three classes, and those were rentals.
I conclude that. . .The inflation rate for college textbooks has far surpassed the inflation rate of salaries. In 1965 my father made $4000/yr as a factory worker, and we were poor by any standard. If I figure that books are 20 times more expensive today and multiply my father's salary by 20, I arrive at a figure of $80,000/yr. As a 25 yr. teacher with a master's degree, I make no where near that.
So do you have other examples of costs that have outpaced salary inflation?