No, inflation is only a minor effect. Let's do the math. Inflation has been more or less been 2% per year, on average.
yea I think it's called inflation aye...
$600(1.02)^40 = $1324.82
$1324.82 is nowhere near $10,000.
Cori, what are you majoring in? I will use this information to give you a rough estimate of your return on investment from your university education. Honestly, $4500 per semester for a non-prestigious university is too expensive. The non-prestigious university is a reason why you see so many kids partying. I hope you can keep those grades up. Employers need to distinguish you from everyone else who parties at school.
I think there should be interest-free loans for university for the duration of the study period. The U.S. government, at the federal, state, and local level do not have more money for education. A number of cities and states are nearly in default status.
As for cheap tuition in Germany or Europe in general, yes, but you have to pay much higher taxes than America. But, even with higher taxes, a number of European countries such as Greece will be unable to pay back their debts in the near future. Plus, if you only speak English, it wouldn't be useful to study in the EU.
The American Dream is not as powerful anymore. Social mobility is on the decline. The economy and the currency will decline as well. No wonder the Occupy Wall Street movement started around the same time you created this thread. I'm short on U.S. and long on Asia.