Looking at what happened in early 2000, then realized. "How To Turn A National Tragedy Into A Money Factory 101." And literally nothing ever got better.
The gold standard wasn't really the gold standard in the 70s, the bretton-woods system sucked. There was a lot going on in the 70s, the oil embargo (inflation), the fed switching strategies to try and fight inflation by tightening money, then pouring out money to fight unemployment. Foreign competition became much stronger because the rest of the world finally rebuilt after WWII. It wasn't just the US either, the 70s weren't great for the UK or Germany either.
I don't understand the different inflation lines. The last two images seem to be saying fee rises are in line with inflation? Also, the spike appears to be 2004, not under Reagan? Can someone explain what i'm not getting please?
I'm totally down for unwinding every damn corporate and personal tax cut since Ronnie Ray Gun was in office. More taxes for me? Fine, I'll pay 'em. Other people benefit and life gets better? Bring on the taxes!
This is probably a foolish question, but if just one President can supposedly start all this trouble, why can't another undo it? There have been three periods of Democrats controlling all three branches of the US government since then, so there were definitely opportunities.
Reagan's administration also had a Republican Senate, which made a lot of the shit he did easier to push through. We'd need a proper left (read: not just Democrat) congress as well as at least a Democrat president to make the same kind of push Reagan did. It's a tall order, and it takes time to get the pieces in line.
It wasn't just him. For one, many of this shit didn't start with him, it started well before him, he just somewhat intensified a lot of it. Secondly, and most importantly, the time was right for his brand of neoliberalism to take root. The USSR was collapsing, foreign manufacturing was really catching up post WWII, and a bunch of other factors made his shit appealing, and he was in the right time and place to sell the kool-aid to the right generation.
Also, he himself didn't really do shit, one of the most notable aspects of him holding office was the degree to which he delegated out so much, and with so many things being done and championed by appointees, it had a different degree, and lack of political resistance by the Ds in congress.
It's not just having an occasional window of theoretical opportunity. It's also about gradually unwinding all the damage and reversing the "government is bad, all taxes are bad, criminals are everywhere" and other simplistic narratives that he successfully established into our national mind. Democrats after Reagan who tried to reverse course too quickly got absolutely destroyed in elections. That is finally changing, but it's been rough sledding.
Yes. The fact that we have a lot of empty rural states that each get two senators, while California only gets two despite having more people than all of the rural states combined... that kind of thing makes it really hard to pull the country left.
Yes, and I'm sure Federally-guaranteed student loans, which also started to become available/popular around that time period had nothing to do with prices going up...
I found the original post, which didn’t include a picture of Reagan. It also didn’t include any discussion on the HEA of 1992. Or Clinton’s changes in 1994 and 1996. Correlation is not causation.
Neither directly. Stephen F Austin is a Texas college, and its tuition is set by the Texas Government. The chart is serving as a general proxy for tuition increases, but year to year changes specifically at SFAU would be affected by state level decisionmakers.
They only love the rich, and how they loathe the poor If I say any more, they might be at my door (Shh) Who the fuck is that staring in my window? Doing that surveillance on Mr. Michael Render I'm dropping off the grid before they pump the lead I leave you with four words: I'm glad Reagan dead
when Ron came on the scene, all the policies toward education were counterintuitive. making education harder to obtain didn't make sense t'all. comedians at the time knew it. one gag went: our soldiers should have at least some logical level of schooling. "why did you launch the missiles!!!" "I got hungry so I push the 'lunch' button?" Ron & co. did for the US what Spanish Flu did for our troops.
Yep, and all those mentally ill people they turned out on the streets ended up in cities, because cities have services and some shelter. And now conservatives use the face that they are in cities to attack "liberal cities full of homeless people" why solve problems when you can cause them and blame your opponent?
didn't need charts to know Reagan is/was a pox on the country. from blacklisting, firing air traffic controllers, reducing Pell Grants - he should be thought of as a deleterious virus that infected the populace stunting its intelligence & spirit. the orange menace is/was a direct result of the idealogy of the GOP. they need to be put into hibernation for the good of the nation.
No, the groundwork was laid well before him, some things he definitely turned it up a bit, but the foundations of of where we are began his arrival. Also don't mistake this as a defense of him, he still sucked bad.
I graduated SFA in 2005. I can tell you exactly what happened. Guess what year that a certain mid-sized university decided that it needed the rock climbing gym and a water park with lazy river?
And who manages all of this additional campus infrastructure that didn’t exist back then? Well in Stanford’s case it’s their TEN THOUSAND administrators/managers on the payroll.
That was also right around the time the state of Texas decided to cut how much funding they were going to give universities and then to no one's surprise costs jumped.
My school's president taught a US govt course every year (former Senator) and he talked about how amenities like a lazy river pool/etc. were needed because schools were now basically recruiting students. With ever decreasing state funding (he often quipped how low did funding need to go before we were considered a "private university") it came down to a race to increase the volume of incoming students, without lowering academic standards. So you have to try and pull them from other schools.
Exactly. I saw it happen at a “only one nearby” university when they started to see funding drop. They had to pull students from further away, which meant actual competition. Suddenly tuition jumps and they need a new library, new science center, new robotics lab… and they had a whole bunch more debt to deal with for decades to come.
Actually I just google earthed it. Fuck me sideways, you guys now have parking garages and a sushi restaurant!? Honestly the only two things I recognize on that campus anymore are the fountain and the chemistry building. So if you want to know why your tuition is exploding... its because all that non-academic fun shit is still being paid off.
THE BICYCLE SHOP I USED TO WORK AT IS NOW A FUCKING CAMPUS VAPE STORE!?!?! Jay-sus fuck, I'm depressed. I need to go take an aspirin and sit down. What the hell has happened to that school.
it's frisky dingo!! Everyone should watch it. It's archer before archer, by the archer guy. There's some early 00s humor that's not so great, but it's still legit
Correlation != causation. This was the time period lenders realized they could give predatory loans, and universities realized that students will pay whatever costs because they don't necessarily have to work to keep up
I mean, how do you fix a problem that people can't afford college, artificially lower the price or you help them get loans to pay for it. Banks saw a new / bigger opportunity bringing into existence that supply/demand metrics flipped a bit and the amount of valid applicants increased. Normally this would reduce the costs, but if you could guarantee people would pay anyway, then they raise the price instead - seems like a predictable, terrible, human biproduct.
then: students got a double whammy. all those easily obtainable credit cards! the gig was up. the clarion call was sounded. but all the oracles were ignored. now - https://youtu.be/QGP1O38ynns
Also, states pulled back funding for universities (some states still pay most of the tuition for students though). The federal government actually pays a larger percentage of college tuition than it did in the 70s or 80s. However, states have dropped average funding from 2/3rds of tuition to around 20%. That's why you see some state schools with 20k/yr tuition and others with 7k or less(which would be completely covered by the federal Pell grant). I just graduated having not paid a dime for
Tuition because it's cheap in Nevada, and the Pell grant pays everything. The state of Nevada also pays 2-3k/yr on top of that. That's with zero scholarships, just federal and state programs open to all students who aren't wealthy.
The only way we're going to get out of this mess is if we kill Reagan's ghost. But it's gonna be hard. Reagan is so embedded in our lives. Everyone knows what a 401(k) is. Nobody knows that it's Section 401(k) of Reagan's tax code. Before Reagan, there were only pensions, no 401(k)s. It was never meant to replace the whole pension system. Now it has. That's just one example. Unwinding the mess he made will take half a century. Better get started soon.
Pensions only work with a specific ratio of how long employees work vs how long they live after they retire. With how long people are living these days, we'd have to work a whole lot longer. Plus it also dissuades people from leaving crappy jobs with bad conditions due to needing that pension which grows usually exponentially.
US life expectancy is dropping. It peaked in 2014 and has been for a decade now. We're back to 1996 levels of life expectancy in 2022 and dropping fast in 2023. Nobody is living longer in America. The idea that we are living longer is propaganda. It's a myth. And it's patently false. https://imgur.com/SWdSxj4.png
I mean - his point was fair up until 2014. I don't think you can just dismiss that notion. Pensions have disappeared in other countries too, perhaps for that very reason?
It's still going down. And it was dropping for years before covid. And no country dropped as fast as the US did even with covid. You can't blame it all on covid. The US has the worst healthcare system in the developed world. It has one of the highest obesity and drug overdose rates. It has the highest gun death rate. It has one of the highest traffic death rates.
Life expectancy is a very surface-level overview statistic that doesn't really say anything. The US has more extensive neonatal care, and we try to save more preemies. As a result, we have the average expectancy drawn down by a lot of age-of-death=0 data points that other nations just count as stillborn. Demographic differences also account for a lot. Take two identical twins and split them between the US and Sweden, and the US one won't likely have a different lifespan than the Swedish one.
Texas turned fully red as a state. Ann Richards was the last Democratic governor of Texas, and that was in the mid 1990s. She was followed by George W Bush, and the state got increasingly conservative.
Ok, I was serious and ignorant, apparently. It's hard to tell if those data points are closer to 2000 or 2010 in some cases. How did those events cause the spikes in university fees?
It's probably not a direct cause, and I wondered the same thing you did about closer to 00 or 10. It's hard to tell even if you try to count each data point as a year. Honestly, there could be 10 other causes, but as an adult American, 9/11/01 is pretty engrained in my mind as are the wars that started there after. If you're younger or not American, 9/11/01 may not be so significant in your brain.
Not necessarily a direct cause, BUT Bush did try to pay for those wars and "Global Ware on Terror" crony programs with tax cuts. That would have pulled away funding from elsewhere. And that's before we get to how the GOP has been out to strangle education since the 1970's.
Sticklebrickk
Looking at what happened in early 2000, then realized. "How To Turn A National Tragedy Into A Money Factory 101." And literally nothing ever got better.
sajgj
Speedmetal05
And Repugs love him. What a bunch of idiots!
CanduReactor
bronzewarrior
The second one seems to take off earlier than Reagan, looks like around 1970. Probably the Nixon Shock and the end of the gold standard in 1971.
dohcohv
The gold standard wasn't really the gold standard in the 70s, the bretton-woods system sucked. There was a lot going on in the 70s, the oil embargo (inflation), the fed switching strategies to try and fight inflation by tightening money, then pouring out money to fight unemployment. Foreign competition became much stronger because the rest of the world finally rebuilt after WWII. It wasn't just the US either, the 70s weren't great for the UK or Germany either.
trippingthelightfantastic
TheBigBadBonerBiter
"Jesus was black, Ronald Reagan was the devil, and the government is lying to you about 9/11. Good day."
TrustMeImADog
I don't understand the different inflation lines. The last two images seem to be saying fee rises are in line with inflation? Also, the spike appears to be 2004, not under Reagan? Can someone explain what i'm not getting please?
bluntside44
Always hate Reagan
unluckyandbored
Conservatives are responsible for the overwhelming majority of the world's problems.
technofiend
I'm totally down for unwinding every damn corporate and personal tax cut since Ronnie Ray Gun was in office. More taxes for me? Fine, I'll pay 'em. Other people benefit and life gets better? Bring on the taxes!
eastend666
Even without this data, he was such a loathsome person.
famousfornow
The issues isn’t who the hell started it. That fact is those issues still remain. Vote them all out of congress!
SamuthNBS
It's painful to see the biggest leap where Obama's face should be.
gamer2k4
This is probably a foolish question, but if just one President can supposedly start all this trouble, why can't another undo it? There have been three periods of Democrats controlling all three branches of the US government since then, so there were definitely opportunities.
SyphionValiant
Reagan's administration also had a Republican Senate, which made a lot of the shit he did easier to push through. We'd need a proper left (read: not just Democrat) congress as well as at least a Democrat president to make the same kind of push Reagan did. It's a tall order, and it takes time to get the pieces in line.
whatsisname
It wasn't just him. For one, many of this shit didn't start with him, it started well before him, he just somewhat intensified a lot of it. Secondly, and most importantly, the time was right for his brand of neoliberalism to take root. The USSR was collapsing, foreign manufacturing was really catching up post WWII, and a bunch of other factors made his shit appealing, and he was in the right time and place to sell the kool-aid to the right generation.
whatsisname
Also, he himself didn't really do shit, one of the most notable aspects of him holding office was the degree to which he delegated out so much, and with so many things being done and championed by appointees, it had a different degree, and lack of political resistance by the Ds in congress.
Predicto
It's not just having an occasional window of theoretical opportunity. It's also about gradually unwinding all the damage and reversing the "government is bad, all taxes are bad, criminals are everywhere" and other simplistic narratives that he successfully established into our national mind. Democrats after Reagan who tried to reverse course too quickly got absolutely destroyed in elections. That is finally changing, but it's been rough sledding.
Redbulloth
I mean, Manchin and Sinema are still there, right? Sinema's even one of the newer ones.
Predicto
Yes. The fact that we have a lot of empty rural states that each get two senators, while California only gets two despite having more people than all of the rural states combined... that kind of thing makes it really hard to pull the country left.
cbale2000
Yes, and I'm sure Federally-guaranteed student loans, which also started to become available/popular around that time period had nothing to do with prices going up...
justthissideofnormal
I found the original post, which didn’t include a picture of Reagan. It also didn’t include any discussion on the HEA of 1992. Or Clinton’s changes in 1994 and 1996. Correlation is not causation.
Shaodyn
Much like basically every other problem facing America today, it's ultimately Reagan's fault.
jimmyriba
The big discontinuous jump somewhere in between 2000 and 2020: is that Bush or Obama?
Predicto
Neither directly. Stephen F Austin is a Texas college, and its tuition is set by the Texas Government. The chart is serving as a general proxy for tuition increases, but year to year changes specifically at SFAU would be affected by state level decisionmakers.
decius
That's so Reagan
BDLongshanks
But I was just fixing Bush 1’s economic failures! - Reagan probably
jrredneck
DrewThe3DPrinterGuy
They only love the rich, and how they loathe the poor
If I say any more, they might be at my door (Shh)
Who the fuck is that staring in my window?
Doing that surveillance on Mr. Michael Render
I'm dropping off the grid before they pump the lead
I leave you with four words: I'm glad Reagan dead
Grizwald1
hope u 3d printed an unmarked grave stone bud.
DanielAsparagus
Rtj!
Sasurau
Ronald. Wilson. Reagan. ("Reagan," Killer Mike)
OOAKIapparel
Six. Six. Six.
ColdestOne
.
Ultratoxic
Six. Ronald. Six. Wilson. Six. Reagan
[deleted]
[deleted]
Ultratoxic
Copy paste the text from somewhere where it's formatted.
DrewThe3DPrinterGuy
I dunno I just cut & paste the lyrics from genius.com
UndulatingTerrain
Six six six
thedtp
Such a good album. The next track also bops. Everyone should listen to all of Killer Mikes discography, as well as all the RTJ stuff.
fformulaa
SecretAgentSuperBooger
jbrightmans
Interesting that younger people post this, but all the people that lived through the 70s and 80s would say this more about Carter.
SecretAgentSuperBooger
NM156
With his dementia he probably forgot he was shot.
GitchyGitchyOohLaLa
when Ron came on the scene, all the policies toward education were counterintuitive. making education harder to obtain didn't make sense t'all. comedians at the time knew it. one gag went: our soldiers should have at least some logical level of schooling. "why did you launch the missiles!!!" "I got hungry so I push the 'lunch' button?" Ron & co. did for the US what Spanish Flu did for our troops.
AnythingMuchShorter
Yep, and all those mentally ill people they turned out on the streets ended up in cities, because cities have services and some shelter. And now conservatives use the face that they are in cities to attack "liberal cities full of homeless people" why solve problems when you can cause them and blame your opponent?
judithCat
He did because he always claimed he never ever dyed his hair once! Must be nuts to think that would be believed along with his idiotic policies!
TheNamiKage
Survived, didn't rethink his decision or intact common sense gun laws, a true republican
depressedscientist
Much like the senate republicans after the capitol riots where there were gunman at their doors.
Ifekinlovesauerkraut
"rethink"? With what? Whatever might have been there was already reduced due to dementia.
painstream
Survived, and by the end of his presidency, probably also needed mental health care.
michiyl
"I got shot and survived, so kids in school should follow my example all year round!"
Comet260
He only enacted gun laws when black people flexed their 2A rights.
GitchyGitchyOohLaLa
didn't need charts to know Reagan is/was a pox on the country. from blacklisting, firing air traffic controllers, reducing Pell Grants - he should be thought of as a deleterious virus that infected the populace stunting its intelligence & spirit. the orange menace is/was a direct result of the idealogy of the GOP. they need to be put into hibernation for the good of the nation.
SecretAgentSuperBooger
GitchyGitchyOohLaLa
yup. had as much effect as Frank did. a couple of Cassandras.
SanshinDojo
Reagan really laid the groundwork for our current mess. I wish there was a hell for him to burn in.
Guttfunk
The man was an idiot, surely there are others in his administration even more deserving of damnation
whatsisname
No, the groundwork was laid well before him, some things he definitely turned it up a bit, but the foundations of of where we are began his arrival. Also don't mistake this as a defense of him, he still sucked bad.
Hereagain
Realistically, all Reagan did was take us back to the age of Robber Barons that led us to the Great Depression.
Darprice
Yet, he’s still seen as one of the greatest GOP Presidents ever. It will never make sense.
SanshinDojo
Well the bar is low as fuck.
ICampOntheFirstDate
I graduated SFA in 2005. I can tell you exactly what happened. Guess what year that a certain mid-sized university decided that it needed the rock climbing gym and a water park with lazy river?
Userlivewire
And who manages all of this additional campus infrastructure that didn’t exist back then? Well in Stanford’s case it’s their TEN THOUSAND administrators/managers on the payroll.
rk57957
That was also right around the time the state of Texas decided to cut how much funding they were going to give universities and then to no one's surprise costs jumped.
OrionJC
My school's president taught a US govt course every year (former Senator) and he talked about how amenities like a lazy river pool/etc. were needed because schools were now basically recruiting students. With ever decreasing state funding (he often quipped how low did funding need to go before we were considered a "private university") it came down to a race to increase the volume of incoming students, without lowering academic standards. So you have to try and pull them from other schools.
Tarmaccian
Exactly. I saw it happen at a “only one nearby” university when they started to see funding drop. They had to pull students from further away, which meant actual competition. Suddenly tuition jumps and they need a new library, new science center, new robotics lab… and they had a whole bunch more debt to deal with for decades to come.
ICampOntheFirstDate
Actually I just google earthed it. Fuck me sideways, you guys now have parking garages and a sushi restaurant!? Honestly the only two things I recognize on that campus anymore are the fountain and the chemistry building. So if you want to know why your tuition is exploding... its because all that non-academic fun shit is still being paid off.
ICampOntheFirstDate
THE BICYCLE SHOP I USED TO WORK AT IS NOW A FUCKING CAMPUS VAPE STORE!?!?! Jay-sus fuck, I'm depressed. I need to go take an aspirin and sit down. What the hell has happened to that school.
RottedOnion
mdm822
RoloTonyBrown
Oh man Frisky Dingo that’s a deep cut
skippieelove
What is this..and why does it look like archer the hobo lol
TheZeldaZone
it's frisky dingo!! Everyone should watch it. It's archer before archer, by the archer guy. There's some early 00s humor that's not so great, but it's still legit
skippieelove
Lol adding that to my list for sure 🤣 sounds right up my alley
SLCtechie
It’s time we employ trickle up economics.
thedtp
Blastergv9
Correlation != causation. This was the time period lenders realized they could give predatory loans, and universities realized that students will pay whatever costs because they don't necessarily have to work to keep up
svga
I mean, how do you fix a problem that people can't afford college, artificially lower the price or you help them get loans to pay for it. Banks saw a new / bigger opportunity bringing into existence that supply/demand metrics flipped a bit and the amount of valid applicants increased. Normally this would reduce the costs, but if you could guarantee people would pay anyway, then they raise the price instead - seems like a predictable, terrible, human biproduct.
GitchyGitchyOohLaLa
then: students got a double whammy. all those easily obtainable credit cards! the gig was up. the clarion call was sounded. but all the oracles were ignored. now - https://youtu.be/QGP1O38ynns
svga
great clip - I hear it is en vogue to hate on Bill Mahr right now but great clip
dohcohv
Also, states pulled back funding for universities (some states still pay most of the tuition for students though). The federal government actually pays a larger percentage of college tuition than it did in the 70s or 80s. However, states have dropped average funding from 2/3rds of tuition to around 20%. That's why you see some state schools with 20k/yr tuition and others with 7k or less(which would be completely covered by the federal Pell grant). I just graduated having not paid a dime for
dohcohv
Tuition because it's cheap in Nevada, and the Pell grant pays everything. The state of Nevada also pays 2-3k/yr on top of that. That's with zero scholarships, just federal and state programs open to all students who aren't wealthy.
hufflesnuff
The only way we're going to get out of this mess is if we kill Reagan's ghost. But it's gonna be hard. Reagan is so embedded in our lives. Everyone knows what a 401(k) is. Nobody knows that it's Section 401(k) of Reagan's tax code. Before Reagan, there were only pensions, no 401(k)s. It was never meant to replace the whole pension system. Now it has. That's just one example. Unwinding the mess he made will take half a century. Better get started soon.
treed240z
Pensions only work with a specific ratio of how long employees work vs how long they live after they retire. With how long people are living these days, we'd have to work a whole lot longer. Plus it also dissuades people from leaving crappy jobs with bad conditions due to needing that pension which grows usually exponentially.
hufflesnuff
US life expectancy is dropping. It peaked in 2014 and has been for a decade now. We're back to 1996 levels of life expectancy in 2022 and dropping fast in 2023. Nobody is living longer in America. The idea that we are living longer is propaganda. It's a myth. And it's patently false. https://imgur.com/SWdSxj4.png
Brownie19
I mean - his point was fair up until 2014. I don't think you can just dismiss that notion. Pensions have disappeared in other countries too, perhaps for that very reason?
TastyBrainMeats
2014 was nine years ago.
Brownie19
that's good math.
vrieling99
That drop is due to covid. You should get a more up to date one.
TastyBrainMeats
COVID didn't hit in 2014, dude. Try 2019.
hufflesnuff
It's still going down. And it was dropping for years before covid. And no country dropped as fast as the US did even with covid. You can't blame it all on covid. The US has the worst healthcare system in the developed world. It has one of the highest obesity and drug overdose rates. It has the highest gun death rate. It has one of the highest traffic death rates.
OliverOtter
Life expectancy is a very surface-level overview statistic that doesn't really say anything. The US has more extensive neonatal care, and we try to save more preemies. As a result, we have the average expectancy drawn down by a lot of age-of-death=0 data points that other nations just count as stillborn. Demographic differences also account for a lot. Take two identical twins and split them between the US and Sweden, and the US one won't likely have a different lifespan than the Swedish one.
Gatorjon
It looks like the worst spike happened in the early 2000's. What happened then?
Predicto
Texas turned fully red as a state. Ann Richards was the last Democratic governor of Texas, and that was in the mid 1990s. She was followed by George W Bush, and the state got increasingly conservative.
bonsaitree
Not sure if you're serious or sarcastic. In case you're serious, 9/11 attacks '01, Afghan war start '01, and Iraq war start '03.
Gatorjon
Ok, I was serious and ignorant, apparently. It's hard to tell if those data points are closer to 2000 or 2010 in some cases. How did those events cause the spikes in university fees?
bonsaitree
It's probably not a direct cause, and I wondered the same thing you did about closer to 00 or 10. It's hard to tell even if you try to count each data point as a year. Honestly, there could be 10 other causes, but as an adult American, 9/11/01 is pretty engrained in my mind as are the wars that started there after. If you're younger or not American, 9/11/01 may not be so significant in your brain.
yellowtoolboxblackbag
Not necessarily a direct cause, BUT Bush did try to pay for those wars and "Global Ware on Terror" crony programs with tax cuts. That would have pulled away funding from elsewhere. And that's before we get to how the GOP has been out to strangle education since the 1970's.
littlecoatfatguy
One party keeps nominating qualified experts, one party keeps nominating affable dupes. And you wonder how this shit keeps on happening.
HeroOfKvatch1
“But both sides!”
Tom40
I honk it would be interesting to see these graphs with all the different administrations highlighted.
Tom40
And also which party controls which part of congress.
SecretAgentSuperBooger