Will Tuition Ever Stop Increasing?

[ram2]

Originally Posted by bler144

Almost certainly true at the micro level, but at the macro level the number of high-paying industrial jobs has declined.

For the UAW in particular, they had 1.5 million members under their umbrella in 1979 - that number has declined by about 75% even as the overall US workforce has grown. They currently represent about 0.2% of the US workforce.

So as a factual statement, what you say is certainly correct. But it's not a prescription for broader success.

The UAW is but one of many unions in the US.

[Mr.Hospitality]

Tuition will stop increasing when it hits an equilibrium. We just haven't hit it yet.

If you take away easy financial aid, tuition will likely stop increasing at the worst schools since people will see they aren't worth it. But for the good schools, it's up in the air. They aren't in it for the money.

[Mr.Hospitality]

Tuition will stop increasing when it hits an equilibrium. We just haven't hit it yet.

If you take away easy financial aid, tuition will likely stop increasing at the worst schools since people will see they aren't worth it. But for the good schools, it's up in the air. They aren't in it for the money.

[bler144]

Originally Posted by ram2

The UAW is but one of many unions in the US.

Sure, but you're taking my comment out of context. The prior comment was: "I know several UAW members without a college degree who are middle class and make more money than many college degree holders."

Union membership is only about 1/9th of the overall labor force, and many other unions either don't pay more than college degree holders and/or require degrees.

The SEIU is probably larger by membership, but that designation covers a lot of jobs that require a degree, and also a lot of jobs that pay well below average. UAW in many ways represents the "past" of American unions, and holding them up as exemplars of anything larger about the economy (good or bad) doesn't really carry you far imo.