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Thread: A Generation Hobbled by the Soaring Cost of College

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    Re: A Generation Hobbled by the Soaring Cost of College

    I have no sympathy for people who chose to go to an expensive private university.

    I went to a public university and got a respected degree, that cost around $30,000.
    Last edited by Thunder; 05-13-12 at 04:04 PM.

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    Re: A Generation Hobbled by the Soaring Cost of College

    We put our kids thru college, state schools, none of that private Ivy league crap....
    It is the best thing you can give your kids in this era, a paid for college degree in a major that makes them employable.....
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    Re: A Generation Hobbled by the Soaring Cost of College

    My biggest concern is with the cost of college rising, our future generations will be less able to compete in the economy making our country even more poor.

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    Re: A Generation Hobbled by the Soaring Cost of College

    Quote Originally Posted by megaprogman View Post
    My biggest concern is with the cost of college rising, our future generations will be less able to compete in the economy making our country even more poor.
    My generation being sacked with what is essentially mortgage level debt in our mid-20's without the benefit of actually owning property is worrisome.
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    Re: A Generation Hobbled by the Soaring Cost of College

    the cost of college has outstripped wage growth, inflation, or any other measure. put simply, a college education has become nearly unaffordable since i graduated. i see absolutely no societal advantage to weighing down entire generations with nearly insurmountable levels of debt in a status quo of limited employment opportunity. it seems to me that this practice only encourages a higher level of socioeconomic unrest.

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    Re: A Generation Hobbled by the Soaring Cost of College

    Quote Originally Posted by Thunder View Post
    I have no sympathy for people who chose to go to an expensive private university.

    I went to a public university and got a respected degree, that cost around $30,000.
    Public universities are seeing the same rate of increases as private universities.

    College tuition in the United States - Wikipedia, the free encyclopedia
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    Re: A Generation Hobbled by the Soaring Cost of College

    Quote Originally Posted by Arbo View Post
    http://www.nytimes.com/2012/05/13/bu...EUB9uA5C7RvZyw

    "No one told me that." Did you not learn such basic things as to figure out total cost and payments in high school? Good grief, take some responsibility for your own choices.[/FONT][/SIZE][/COLOR]
    Yep. This is all pretty unfortunate and something needs to be done about it. Although, I'm not going to simply say that universities, loaners and the government bear the responsibility for this. There are also many cases of people who rather go on nice vacations and stuff like that before paying off their loans. They're part of the problem too.

    And at the comments in here that have nonsense to say about private and "Ivy League" type colleges. It's just as bad as people having a problem with higher education in general. This board is the only place in my life where I've seen people refer to higher education and high quality higher education as "crap" and the like. Such nonsense.

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    Re: A Generation Hobbled by the Soaring Cost of College

    I wonder what the Federal Student Loan debt would look like if ALL of these people had gone to public universities instead.

    I bought a new car a year ago, can I get my loan forgiven? I use it to drive to school.

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    Re: A Generation Hobbled by the Soaring Cost of College

    Quote Originally Posted by megaprogman View Post
    My biggest concern is with the cost of college rising, our future generations will be less able to compete in the economy making our country even more poor.
    That's not really a problem of rising tuition costs, it's a problem of job supply and demand. For illustrative purposes, say we have a trillion people in the country but only a million jobs, you can throw all the reasonably-priced college you want at those trillion people but we're still gonna feel pain because >999.9 billion people have nothing to do.

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    Re: A Generation Hobbled by the Soaring Cost of College

    Quote Originally Posted by Thunder View Post
    I have no sympathy for people who chose to go to an expensive private university.

    I went to a public university and got a respected degree, that cost around $30,000.
    I went to a private university and graduated debt free. That was in 1964.
    I went to a public university for an MA, paid no tuition, and graduated for about $200. That was in '73.

    I think things have changed a bit, and not for the better.

    Now, we could blame the student for the lack of jobs. It would be totally illogical to do so, but we could. We could blame them for the high cost of tuition, and the lack of jobs that pay enough to earn your way through college, too. That would also be illogical.

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