this post was submitted on 04 Aug 2023
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Data is Beautiful
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This data is sad
Moreso just says minimum wage is terrible. I'm actually pretty surprised that college went down recently relative to median wage.
It’s ridiculous we don’t just peg minimum wage to some index of local cost of living and forget about it.
This graph is also misleading it show the cost in weeks for a New York college but uses a federal minimum wage (7.25/HR) instead of the New York State minimum wage (14.20/HR) which would bring down the weeks to around 16.
*It was pointed out this wasn’t for a New York college so this isn’t perfectly accurate. Though I think referencing the federal minimum wage is a bad idea.
Hmm, looks to me like this is an average of lots of colleges around the nation, not just New York. Where are you getting that info?
https://nces.ed.gov/programs/digest/d21/tables/dt21_330.10.asp
Looks like my reading comprehension failed me. Sorry for the bad assumption.
It would be interesting to have a more region-specific breakdown of this information, especially since the U.S. is so big and costs (and minimum wages) vary widely from place to place. I haven't been able to find more granular data, though.
It's definitely not a good trend ☹️