this post was submitted on 14 May 2024
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A Boring Dystopia
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6.3% for undergrads, which is the same as I had some 15-20 years ago.
Except now inflation is higher, so, effectively the rate is smaller.
That's only really true if your salary would grow at the rate of inflation. Which is definitely not the case.
We will see, but so far the income per person grows quite steady adjusted for inflation if one removes random fluctuations over time: https://united-states.reaproject.org/analysis/comparative-trends-analysis/per_capita_personal_income/tools/0/0/