Our nation's debt is literally indenturing our children to our international debt holders, but most Americans don't care because they are more concerned about the latest saga involving Snooki on Jersey Shore rather than what really matters, our country’s future.

Tuesday, March 6, 2012

How Much Gold Do You Need to Pay Yale's Tuition? The Same as in 1900 - Derek Thompson - Business - The Atlantic

As everybody knows, elite college tuition is getting ferociously expensive. And, as everybody knows, gold is getting ferociously expensive, as well (for entirely different reasons). With these maxims in mind, an enterprising writer at Priced in Gold has answered the question I know you've been wondering: If it cost 1,000 gold grams in 1900 to pay Yale tuition, how many more gold grams would you need to afford Yale college tuition today?

The answer is, practically, zero.
 
How Much Gold Do You Need to Pay Yale's Tuition? The Same as in 1900 - Derek Thompson - Business - The Atlantic

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