Replies

"The average student will graduate with about $15,500 in student loans, according to the College Board. And that's not including loans from parents, home-equity loans or credit-card debt."

This gets me - why on earth does it cost so much to sit in a classroom, listen to a professor drone for 2 hours, and take the occasional test? There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

If you ever figure that one out... please let me know! :)

This gets me - why on earth does it cost so much to sit in a classroom, listen to a professor drone for 2 hours, and take the occasional test? There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

The dirty little secret is that it costs almost nothing on a per-student basis, given the number of students shoehorned into an average class. College tuition mostly goes to non-academic purposes from which the student paying it sees no benefit.

This gets me - why on earth does it cost so much to sit in a classroom, listen to a professor drone for 2 hours, and take the occasional test? There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

They're not listening to a professor drone. They're listening to a TA. The professor is busy doing oh-so-important research. His salary has to be paid as well as the TA's.

This gets me - why on earth does it cost so much to sit in a classroom, listen to a professor drone for 2 hours, and take the occasional test? There's got to be a cheaper way to get this done, especially given the results highlighted in this article.

University of Phoenix gets about $1,000 for a 4 unit class. Graduation typically takes 120 semester units. That's about $30,000 right here.

My nephew just go accepted to U.C. Davis. He will live on campus. Expenses are projected at $23,000 per year. I lived off campus and coughed up $212 per quarter plus $100 in books. Annual parking fee was $40 in 1974-76. Prices have gone way up since then.

My son's former girlfriend went to Georgetown University. Her parents mortgaged the house to cover $38,000 per year. She was on campus when the aircraft hit the Pentagon on 9-11. Today, she is doing graduate work in math at Columbia university with a full ride scholarship. She has to teach in New York schools for two years to pay back the scholarship.