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You think all colleges don't profit? The fact that a place like Princeton can be considered anything but for-profit is criminal.

cinquemb 11y ago
I agree with your sentiments, if any college is taking any form of payment from Federal loans, I would say they are profiting. I think the focus on explicit "For profit" colleges is a fake out, as if no other actors are capable of questionable behavior. My parents ~$2k per semester at a 4 year uni in the early-mid 80's makes this all look like a scam… but I dropped out from a ivy and maintain a comparatively little in debt than avg so that's my position… I see it as cutting my losses, and four years since, I think I came out ahead… many ways to pursue knowledge and I rather leave out servicing interest on debt from my life. I'm ok with others having different opinions on this, after all it's their life to live.
- Roboprog 11y ago
  CSU (not UC) was quite a bit cheaper than that in the mid 80s. I believe I paid $210 for fall '83. Of course, that was before we were far into (sarcasm) The Golden Age of Reaganism - schools were more funded by tax money than loans, so the budgeting wasn't left up to the credit whims of 18 year olds. Tuition/fees went up quite a bit by '88, though still nothing like what we are paying for my daughter now.
  - cinquemb 11y ago
    I just don't see how people want to deal with this, I mean I can understand if they think if they need $x in order to do $y (but for most, usually having that $x isn't the only thing people will consider in order for one to do $y, and increasingly acts as a negative signal, not to mention all the bs people complain about which gets annoying to listen to when they keep doing the same thing…), but I think we've long passed the Rubicon as far as this is concerned. I perceive it as insanity, and I almost don't feel bad anymore if people keep playing this game with their lives, makes it easier for people who opt out.

cinquemb 11y ago

I agree with your sentiments, if any college is taking any form of payment from Federal loans, I would say they are profiting. I think the focus on explicit "For profit" colleges is a fake out, as if no other actors are capable of questionable behavior. My parents ~$2k per semester at a 4 year uni in the early-mid 80's makes this all look like a scam… but I dropped out from a ivy and maintain a comparatively little in debt than avg so that's my position… I see it as cutting my losses, and four years since, I think I came out ahead… many ways to pursue knowledge and I rather leave out servicing interest on debt from my life. I'm ok with others having different opinions on this, after all it's their life to live.

Roboprog 11y ago
CSU (not UC) was quite a bit cheaper than that in the mid 80s. I believe I paid $210 for fall '83. Of course, that was before we were far into (sarcasm) The Golden Age of Reaganism - schools were more funded by tax money than loans, so the budgeting wasn't left up to the credit whims of 18 year olds. Tuition/fees went up quite a bit by '88, though still nothing like what we are paying for my daughter now.
- cinquemb 11y ago
  I just don't see how people want to deal with this, I mean I can understand if they think if they need $x in order to do $y (but for most, usually having that $x isn't the only thing people will consider in order for one to do $y, and increasingly acts as a negative signal, not to mention all the bs people complain about which gets annoying to listen to when they keep doing the same thing…), but I think we've long passed the Rubicon as far as this is concerned. I perceive it as insanity, and I almost don't feel bad anymore if people keep playing this game with their lives, makes it easier for people who opt out.