Seems to low. Around $50 to $60 for private schools and $100 with a Masters
Student debt is cheap and handed out like candy. Chart does not go back very far but makes its point well.
Joseph Gause to Transfer
- Thread starter Knight Shift
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I did pay my three kids all their loans and a car for each kid and I am no way rich but cheap and frugal. Deep pockets but short arms. I also, have a tendency to go the the rest room when the check arrives
What funny is that conservatives blame easy student loans for the reason for the skyrocketing tuition. I guess if the state still paid 75% of the tuition as some claim in the past, the tuition would be even 5 times greater than it currently is charging.
A $30,000 student loan isn't that bad since that same person is fine with buying a high end car for $35-45,000 without thinking too hard about it.
The income gap supposedly for a college educated vs a high school graduate is $17,500 base on the attached article. Use $10,000 of the additional income to pay off the loan in a little over 3 years.
http://www.usnews.com/news/articles...en-young-college-and-high-school-grads-widens
The income gap supposedly for a college educated vs a high school graduate is $17,500 base on the attached article. Use $10,000 of the additional income to pay off the loan in a little over 3 years.
http://www.usnews.com/news/articles...en-young-college-and-high-school-grads-widens
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The only fair way to compare it is take RU's in state tuition, room and board, then compare it with X school's in-state tuition only.
This is average across undergraduate degrees. So matters would not be considered. Also plenty of people get aid or parent support.
That surge in student debt must correspond with the passage of legislation making it no longer possible for students to declare bankruptcy.
Student debt is cheap and handed out like candy. Chart does not go back very far but makes its point well.
Yeah, corporations can...but students can't anymore.
Very nice.
I'm not sure if this totally a generational issue. I see people of all ages buying cars they can't afford, houses they can't afford, buying $7 Starbucks everyday, eating out at restaurants constantly, and essentially over-extending, as well as spending too much time on social media when they should be enhancing their skills, working, or otherwise engaging in something more constructive--it's an ongoing challenge for all of us to find the "right" balance for any age or context.
my daughter (2yrs old) and future children will not go to college. Its become the biggest scam out there. 4-5 very important years wasted on little learning and accumulating a lot of debt. Debt is slavery, and you don't want to be a slave to the government.
Its another enrollment factory with inflated and exaggerated statistics to show how each school is the best. Well you all can't be best.
I have never seen a university go out of business - its a racket.
Its another enrollment factory with inflated and exaggerated statistics to show how each school is the best. Well you all can't be best.
I have never seen a university go out of business - its a racket.
Oh, of course. Im ready for whatever :boxing:
(I guess its an argument that will make more sense in the coming years. Having it right now probably won't do much good.)
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