ST Alpha - "The idea of borrowing 100K+ towards a degree where you know your longterm earning potential wouldn't easily cover that is crazy. -- nm" (Reading a Post)

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In response to "Forgot to post this yesterday— (photo of a couple tweets)—Student debt is ridiculous " by flavorize

The idea of borrowing 100K+ towards a degree where you know your longterm earning potential wouldn't easily cover that is crazy. -- nm

Posted by Strongbad (aka Rambler14) Dec 2 '21, 05:26

(No message)

Responses:

While I agree, are 18 year olds really known for their forward financial thinking? - ty97 Dec 2, 05:29 6
- I’m guessing a lot of these larger numbers are from grad school debt. - znufrii Dec 2, 05:39 5
  - The second picture implies med school possibly, but 100K undergrad is easily possible nowadays -- nm - ty97 Dec 2, 05:40 4
    - Not even a question. For the 5 schools that we applied to w/o scholarships and including room and board, the costs ranged from $139k (UNT) to $305k - oblique Dec 2, 05:43 3
      - How many students actually pay rack rate though, even with loans? -- nm - znufrii Dec 2, 06:06 2
        
        I'm not even sure what you're asking here? Are you suggesting that students can just bring a coupon and get a better tuition rate? -- nm - Turd Ferguson Dec 2, 06:14 1
        
        I’m genuinely curious how it works these days, how many students are eligible for and receive scholarships and need-based grants? -- nm* - znufrii Dec 2, 06:18

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