My oldest son is starting college this coming fall. I thank God he scored a scholarship tuition because of his ACT score. The room and board itself is stretching our budget to the point of breaking.
I cannot imagine paying Tuition AND room and board for him this coming fall. We'd be broke.
This is also why there is a push for a higher minimum wage. It is price inflationary and the government is desperate to get inflation going again to monetize the debt. Not too fast, of course, but it is built in to their projections as much as annual raises are built into a family’s budget.
Deflation is really hurting governments all over the world. It is the equivalent of the breadwinner of the family getting a cut in pay.