It's inexorable.
The fewer kids that are willing to pay off those loans, often upwards of $100k, the more expensive the education for the remaining suckers.
Soon NOBODY will pay $200k or more for a 4year degree in stupid from the average State University. Well, except for the genuinely stupid.
I have 2 dozen people working for me now in the tech business, maybe more, who are well over $100k/yr.
None with a college degree. Some did not graduate High School but picked up their GED later.
More than 10 are over $200k.
Soon NOBODY will pay $200k or more for a 4year degree in stupid from the average State University.
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Most of these discussions about the utility of a college degree and passing these 200K numbers seem to be missing something.
That assumes the cost of a private college.
State school tuition for an in state public university in Maryland is under 10K. Throw in books and fees for another 2K. And that is the main campus of the Univ of Maryland in College Park.
I looked up California, also under 10K.
Oklahoma - under 8K
As this seems to be a favored topic (handful of threads over the last week or so it seems), we ought to at least be discussing facts.