Posted on 03/18/2018 7:53:39 AM PDT by reaganaut1
Exactly. It is extremely expensive. Oh, and that job had better be able to pay that school debt off. Otherwise your career choices are wrong.
What people need to understand is that, for the vast majority of Americans, college is priced based on one’s income. It’s that simple.
The “sticker price” for colleges is such that a family not in the 0.1% income bracket cannot afford it, for private colleges (and roughly the top 1% for public colleges). The rest of the country doesn’t pay ‘sticker price’.
So what do families do? They are forced to disclose their income and their assets to get ‘financial aid’, which is another way of saying that if they have low income, tuition will be priced low, if they have higher income they will pay more. The college will decide based on one’s ability to pay, and often the college will require slave labor as part of the deal.
It makes me wonder whether this is even legal. If the price of a car, or the price of groceries were dependent on my income, that would suck, and the idea of Walmart DEMANDING to see my income/assets before giving me a realistic price for an item is just plan weird and it’s very hard to see how people would tolerate that.
But since no one thinks that way regarding college costs, we all just accept the status quo.
When I was growing up, my family lived very cheap and saved as much money as they could for us to go to college. Our next door neighbor, spent madly, with exotic vacations, boats, etc. And guess which family got the near-free ride for their kids in college (hint, it wasn’t us). My mom is still really angry about that.
Go to a Community College for the first 2 years, making sure credits are transferable to your intended 4 yr. college.
Don’t worry about impressing your friends.
You’ll never see 90% of them again anyway.
Yale shouldn’t be charging tuition or R&B!
To go to Yale there should be an entrance exam & the high scores get in or bottom scores. Its a private school they can be as stupid as the want to be. However what they are doing by charging tuition is completely dishonest but as long as they have suckers who pay to get in they will keep it up.
18 years olds can only borrow $6500 a year. Those $100,000 + loans for an undergrad degree come from parents co-signing and taking out loans for the "dream school"
This year more of the kids in my area are enrolling in 2 year technical programs with real skills, as opposed to going off to college with vague plans.
The academic bureaucracy trained them to want cushy dorms.
Schools that couldn't compete academically offered the "comfortable social experience" instead to fill classroom seats.
The cost - benefit analysis is that colleges produce legions of Leftist voters. So some way will be found to keep them afloat by hook or by crook.
Most likely by crook.
Calling BS. If you are good student with poor parents, your college will be paid by the state. It won’t be enough to cover tuition plus all living expenses but it will be close. If you live with friends or family, and driver Uber or work at a restaurant, you can do it.
No, you can’t do the Ivy League Indoctrination Centers. But they are an utter waste of money. There is no reason at all other than snobism to pay for an Ivy League school if you are poor. (Poor, good students who make a partial sport or academic scholarship at an Ivy League might benefit from student loans to get to play and study there, only exception I know of.)
So lost is the idea of education !
Got taken out when it went to the Senate?
During my Freshman year, my College decided to start a Computer Science course. The local IBM salesman gave a Fortran Programming course in the Fall, and he brought an IBM 1620 Computer for us to use. All of us geeks were pleased to see that they did’t take the computer away after Winter break, although they did take the card punch machine.
When the College bought their real IBM 1620 in the Spring, I was one of the few programmers available, so I was able to negotiate a $3/hr rate when the normal student rate was $1.25. When I graduated, the Business Manager said I was the only one to graduate showing a profit. I guess one can’t do that any more.
Worked full time for 2 years between high school and college. Not because I was saving for college, but just didn’t know what I wanted to do. Lived at home. Worked full time at a grocery store for $4.60/hour. Saved the vast majority of that money.
Started college in Fall ‘76 at a state university. I think cost/quarter including room and board was $650.00. Did not qualify for any financial aid and did not take any student loans.
Worked summers doing construction, roofing, gutters, siding for $4.00/hour.
Graduated Fall ‘80. I had to borrow $100 from my father the last month to eat for and gas to drive home, otherwise it was all paid for by me. Skipped graduation ceremonies because the cost of cap/gown rental and didn’t have a job, so it seemed a waste of time.
I could be done then. Without working during the school year. Doubt it could be done today on these terms.
I’m fine with merit scholarships. But often the schools wildly inflate their actual cost, then offer students “such a good deal” in aid that they are tempted to take it and the debt.
No reason for 18yo’s to go into debt for college. They should be going to a school, as I said, that they can afford—unless someone else, via scholarship or writing a tuition check, is willing to pay.
That was my era—and how it very often was done.
Students not surprisingly applied themselves more diligently to educations that they were working to pay for.
And potential employers will care about how you financed your education.
I disagree with that statement. The classic model of a college education was to help form a knowledgeable and enlightened citizen. You were exposed to philosophy even if you did not intend to be a philosopher, history even if you did not intend to be a historian, art even if you did not intend to be an artist, etc. There is nothing wrong with that. The problem is that the goal of developing men and women who can take these various studies from their education to think for themselves has been replaced by indoctrination.
What you propose is a trade school. While there’s nothing wrong with that either, and we need more and better ways to train workers, if we follow your idea then there’s no need for colleges and universities.
The purpose of education is to develop a good “BS Detector”.
Let me fix his headline... You can’t work your way through PRIVATE college anymore, because the government made student loans so easy to acquire, the schools jacked up their tuition rates.
I used to work with high schoolers as a private admissions advisor, helping them to figure out which school and what they could afford.
If you’re smart, but not smart enough to get a scholarship... Go to community college for two years, and then transfer to an in-state four year institution. Living at home,working part time, and full time over the summer will absolutely allow you to pay for school. If you live too far to commute to any school in your state, begin the search for private scholarships and you can certainly come close to the price tag for room and board.
Excellent choices, you are being very smart and pragmatic parents... he will have learned life long lessons.
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