“The first $120,000 came with a bachelor’s degree from my state school.”
That’s a lot of beer.
Apparently didn’t learn anything useful, so went back for a Masters...............same outcome.........
How the hell you you amass 30k a year in debt from an in-state public U? Did he never have a job at all?
Sadly; most of that $120K went not to beer, but leftist thug professors who will use our hard-earned tax dollars to grift the rest away from us that they haven’t already stolen.
We’re funding our own demise to academics who couldn’t hold a candle to the average private sector worker’s productivity.
What friggin state school is $40,000 a year?
There was NO FAFSA aid?
Did you follow ANY of the rules?
“The first $120,000 came with a bachelor’s degree from my state school.”
State school costs, although half or less than private colleges, are still in the $25-35K range for tuition, fees, and room and board - for in state students. It’s very easy to run up those kinds of costs - without the beer. Of course, private colleges can be >$70,000/year for tuition and board.
There needs to be MASSIVE COMPREHENSIVE education reform in the US, including a decrease of at least 40% of the number of administrators (including Associate Deans, etc.), requiring and paying professors to TEACH as a priority over ‘research’, and a requirement that an amount of at least 5-10% of accumulated worth of any university endowment for a ‘not for profit’ institution be used annually for a reduction of tuition and costs for students). POS ‘elite universities, that are not any more intellectually stimulating than community colleges, and that have accumulated dumber than **it (though self-convinced and arrogant) faculty, like Harvard, should not be allowed to accumulate wealth and power under the auspices of a not for profit institution. It’s absolutely ridiculous.
“The first $120,000 came with a bachelor’s degree from my state school.”
**************
That’s $30,000 per year. Of course this was more than just tuition. He/she probably did not work while going to school, and basically lived the life of Riley while going.
Unfortunately the attitude exhibited by the statement, “I’ll never pay it back.” is what’s wrong with society in general. Earlier generations would consider it shameful that money was owed, and would make every effort to pay it back.