Scientific fact: If you took all of the veins from your body and laid them end to end, you would die.
I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
Just a side thought here....You know what would be a good course that community collages could offer a course study on budgeting, and running a household to include saving for retirement, and how finances work, as well as paying off debt.
It would be a positive way to shift the thinking of people that now still feel that sort of 'I want it now' attitude that is destructive in this country toward personal savings rates, and the health of a service based economy.
Just a thought.
"Those who do not learn from history and condemned to relive it".
"There are those who will debate the necessity of wilderness, I will not, either you know it in your bones or you are very very old". Aldo Leopold - Sand County Almanac
There have been some misconceptions thrown around here.
Let's start with the bachelor's degree.
The basic bachelor's degree is defined by law to have about 120 to 130 credit hours,
with breath and depth requirements based on it being a BA vs a BS degree.
Most of the courses are the same curriculum weather at State U or Harvard.
In the early 90's the governing boards standardized the curriculum's to ease transfers.
The people you meet in class may be very different the the materiel covered, not so much.
As to the cost, let's look at say a Engineering Professor.
Phd, 20 years experience, to hire one you need to offer at least $60K (this is a little low, but makes my math easier)
So Joe Professor is required to develop and teach 3 classes per semester, 6 per year.
Each class cost $10,000 in salary alone, move the number up to $15K for benefits and overhead.
$15K / 30 students/3 credit hours = $167. per credit hour.
A full load (15 Hours) has a cost of goods sold of between 2500 and 3500 per semester.
Most Universities offset this by hiring adjunct professors at about $2k per class.
The point is, if the tuition is under about $4k per semester, it's not that bad of a deal.
So if you as a parent can send Johnny or Sally to get a bachelor's degree for $32K paid for over 4 years,
it is not a bad deal.
The Jobs that result from even a humanities degree, can be earned back in the first few years.
The delta over a career is huge.
In my mind the degree is more important than the where, it gets their foot in the door.
After that they have to prove themselves.
I paid for both of my kids to get bachelor's degree, and do not regret one penny, one of the best investments I could have made.
Education is one of the few things you can give your kids, that no one can take away!
Be leary. The amount they write-off is counted toward income in the year in which it is written off. So if you have $60K outstanding and cannot pay the taxes on an extra $60K in income that year, say hello to the IRS collectors who will be lien-slapping and bank account hijacking and garnishment-filing fools.
Tired of elections being between the lesser of two evils.When the debate is lost, slander becomes the tool of the loser. -Socrates