J. Edgar. I thought UC Berkeley was $55/semester in those years! And if you couldn’t afford that, the State colleges (now csalled Univertsities) were only $35 /semester and “Jr. Colleges” were FREE for the first 2 years. My husband (who was working and going to college at the same time) found that he had to go to summer school in order to get all his courses in in order to graduate in 1963. He didn’t have the mjoney for summer courswe. There was NO SUCH THING as college loands, but he found that he could take a personal loan from the Engineering Dept. to cover summer tuition and books. But the rule was that he could not receive his diploma until that loan was repaid. It was (in 6 mos.) and he received his degree on time and graduated without debt. We did the same with our 4 kids, paying as we went, and they all graduated without debt through a combination of work/study, schalarships, and parental support. Nobody drove fancy cars, but they all got out of school without crushing debt to repay.
Unlike Obama, however, they didn’t go to Colulmbia or Harvard. But, they are still fine people.
“[Neil] Armstrong [the first man on the moon] began studying aerospace engineering at Purdue University ... He was also accepted to the Massachusetts Institute of Technology (MIT), but the only engineer he knew (who had attended MIT) dissuaded him from attending, telling Armstrong that it was not necessary to go all the way to Cambridge, Massachusetts for a good education.”