ST Alpha - "The thing with college is, prices have gone up waaaaaaaay too fast. I don't know if him saying it makes any difference." (Reading a Post)

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The thing with college is, prices have gone up waaaaaaaay too fast. I don't know if him saying it makes any difference.

Posted by loosilu (aka loosilu2) Jan 27 '10, 18:43

I thought 15K in loans was bad. No way I could do what the kids do today.

Responses:

$15k in student loans is very little. -- nm - James Bond (aka Igor) Jan 27, 18:55 1
- it didn't used to be a little. you have no idea. -- nm - loosilu Jan 27, 19:01
I have the boys on a 4-years prepaid program. Couldn't imagine how less fortunate people do it. - Don Homer Jan 27, 18:50 2
- that's fantastic. what school? Others do it by taking out insane loans. Or they don't do it. -- nm - loosilu Jan 27, 18:53 1
  - Ideally any MD state school. - Don Homer Jan 27, 18:55
This market will have to do what the housing market did eventually. People will stop paying. -- nm - TFox Jan 27, 18:45 7
- well, government loans make this happen slower. -- nm - loosilu Jan 27, 18:49 6
  - Cutting those loans and various other funding does a good job of dropping enrollment. - the liioulu with more snow and salt Jan 27, 18:51 3
    - but who's in the enrollment and how much do they end up owing? -- nm - loosilu Jan 27, 18:52 2
      - In this case Illinois residents who can't afford to go anywhere else. - the liioulu with more snow and salt Jan 27, 18:57 1
        
        my point is, you end up with a lot of students with enormous debt. -- nm - loosilu Jan 27, 18:58
  - this is totally 100% true. i wonder how long it will take everyone to figure this one out. -- nm - TFox Jan 27, 18:50 1
    - we were saying this back in the 1980s. So far it is still going. -- nm - loosilu Jan 27, 18:52

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