Quote:
Originally Posted by GGG
If someone is living away from home while going to school there costs are somewhere around 18k a year, for a four year degree that is 76k, you should be able to save at least 4k per summer leaving you with 60k debt.
|
This illustrates just what a drop in the bucket tuition is in the grand scheme of things. Even if post secondary eduction was 100% free, you're still looking at about $45-50K in expenses over a 4 year degree. People creating a dichotomy where slightly higher tution will turn affordable education into something that will sentence students to a lifetime of debt are really misrepresenting the issue.
Like I said earlier in the thread, I've met people still paying off what were $50K+ student loans from 15 years ago in an era with $2,000 tuition. It wasn't the tuition that caused them to go into that much debt, it was their living expenses that were incurred in a period where they couldn't work full time, coupled with poor financial decisions and/or discipline during and after their education.