Where's the quality?

Yesterday, I did three loads of laundry. Admittedly, one load was just sheets. I noticed as I put clothes in the washer some shirts had holes in them. It used to be you could buy a concert tee when you were in college and still be wearing it twenty years in its faded glory to relive your youth. I find now, that t-shirts only last a couple of years before they get holes. I have some that aren't even faded yet and because of holes need to be thrown out. So I ask, Where's the quality?