I have to agree that it is staggering! I’m in the process of sending my 2nd child to college this fall. My first is in his 3rd year. His college is approx. 33,000 per year and we had to come up with 20k each year on our own after scholarships and loans (ie stafford).
My 2nd child chose a college that is 53k per year. I’ve died a little and haven’t figured out how to swing this one. He did receive nice scholarships and including the stafford loans will bring us down to about 23k at least the first year. Not sure what we look forward to in the following 3 years.
My 3rd child may never make it to college! We probably will be living on the streets!
“His college is approx. 33,000 per year”
Shocking.
I paid less for a 4 yr degree at MIT not that long ago.
I’m a high school teacher...some of our grads over the last ten years have a degree from private and public universities, and debt approaching a hundred thousand. That’s fine if they major in a job producing area, if they don’t...look out. One of my former students has a law degree from Michigan (a good school) and no job. He owes sixty thousand.
Hope your kids are wise enough to understand this.
Two years at a community college, two years at a university.
I worked for a corporation who paid for my college classes. That was sweet.
“My 2nd child chose”
Nope. If it’s your money, then you chose it.
not going to college.College is not a waste today, it is a destruction.
It is the modern equivalent of being captured by early 1800's slave traders and sold into a lifetime of slavery, degradation, illiteracy, broken families and poor health.