3 ms·
> If a college costs $10k + $10k cost of living each year that's $20k a year in spending. It depends on the college; mine lists a cost of attendance of $66k/ye
by deathanatos 11y ago
> If a college costs $10k + $10k cost of living each year that's $20k a year in spending.
It depends on the college; mine lists a cost of attendance of $66k/year. Of course, one can argue that one should choose a college based on financial capability; but then, are you also trading quality of education, and does that affect your later chances of a job in your field…
Also, from what I've seen, some people are able to get vastly better loans than others; in my experience, the interest rate can vary by up to 3x, with poorer families getting the higher rates, as they're supposedly riskier to loan to; I've seen this even in the case of a student with a good track record going into a major that would provide him a good salary upon graduation (and at a school that requires paid co-ops, so he'll be getting resume experience and pay soon, hopefully).