The Cost of PSE, 2030
One type of story which always makes the back-to-school news is the “what will PSE cost in 2020/2025/whatever” (the choice of year is usually 18 years in the future) story, which normally emanates from a press release from a financial institution trying to sell savings products of some kind. The problem with most of these estimates is that they are based on straight-line extrapolations of recent trends. Thus, all the stories from the late nineties assumed that 8% increases in