4 ms·

You know if you didn't want the 100k loan, you could have gone to another university...? You make being a privileged middle class kid seem like such a chore.

by 1stop 11y ago

You know if you didn't want the 100k loan, you could have gone to another university...? You make being a privileged middle class kid seem like such a chore. There is always someone better then you, and there id always someone who got what you did for less. But on the flip side, you are also the someone to someone else.

alistairSH 11y ago
FWIW, the total in-state cost for students at UVA is approaching $28,000/year[1]. U. of Michigan and Georgia Tech are similar. Take out the room/board fees, and you're still looking at $14,000/year just for tuition. So, even going to a top state university isn't going to keep you debt-free. Maybe not $100,000 in debt, but still a significant sum. There is definitely a "donut hole" in terms of aid available to middle-class undergraduates[2]. If you're poor, chances are you can obtain grants or other aid. If you're rich, you can pay cash and not sweat it. If you're somewhere in the middle, that aid dries up fast, but you can't write a check. [1] https://news.virginia.edu/content/board-visitors-sets-2015-16-tuition https://news.virginia.edu/content/board-visitors-sets-2015-1... [2]https://www.washingtonpost.com/news/get-there/wp/2015/01/29/middle-class-families-are-fed-up-with-their-financial-aid-options/ https://www.washingtonpost.com/news/get-there/wp/2015/01/29/...
- elsherbini 11y ago
  I agree with your point that state schools are becoming extremely expensive for many. Georgia Tech (and all Georgia public schools) have the Hope Scholarship[1] for in-state students which pays 90% of your tuition if you meet certain academic requirements. They have the Zell Miller scholarship with higher acadmic requirements for the remaining 10%. It ends up being very good for lots of people, but the academic requirements, especially for your high school record, do introduce some socioeconomic and racial disparity with the awards. [1] https://secure.gacollege411.org/Financial_Aid_Planning/HOPE_Program/Georgia_s_HOPE_Scholarship_Program_Overview.aspx https://secure.gacollege411.org/Financial_Aid_Planning/HOPE_...
  - alistairSH 11y ago
    Sadly, Virginia doesn't have a state-wide merit program. There are some school-run programs, but the achievement level to qualify is generally very high (Jefferson Scholar program at UVA, for example). The Hope Scholarship looks REALLY nice - it appears available to any student who graduates with a very achievable GPA (3.0/4.0).

by 1stop 11y ago

alistairSH 11y ago

FWIW, the total in-state cost for students at UVA is approaching $28,000/year[1]. U. of Michigan and Georgia Tech are similar. Take out the room/board fees, and you're still looking at $14,000/year just for tuition. So, even going to a top state university isn't going to keep you debt-free. Maybe not $100,000 in debt, but still a significant sum. There is definitely a "donut hole" in terms of aid available to middle-class undergraduates[2]. If you're poor, chances are you can obtain grants or other aid. If you're rich, you can pay cash and not sweat it. If you're somewhere in the middle, that aid dries up fast, but you can't write a check. [1] https://news.virginia.edu/content/board-visitors-sets-2015-16-tuition https://news.virginia.edu/content/board-visitors-sets-2015-1... [2]https://www.washingtonpost.com/news/get-there/wp/2015/01/29/middle-class-families-are-fed-up-with-their-financial-aid-options/ https://www.washingtonpost.com/news/get-there/wp/2015/01/29/...

elsherbini 11y ago
I agree with your point that state schools are becoming extremely expensive for many. Georgia Tech (and all Georgia public schools) have the Hope Scholarship[1] for in-state students which pays 90% of your tuition if you meet certain academic requirements. They have the Zell Miller scholarship with higher acadmic requirements for the remaining 10%. It ends up being very good for lots of people, but the academic requirements, especially for your high school record, do introduce some socioeconomic and racial disparity with the awards. [1] https://secure.gacollege411.org/Financial_Aid_Planning/HOPE_Program/Georgia_s_HOPE_Scholarship_Program_Overview.aspx https://secure.gacollege411.org/Financial_Aid_Planning/HOPE_...
- alistairSH 11y ago
  Sadly, Virginia doesn't have a state-wide merit program. There are some school-run programs, but the achievement level to qualify is generally very high (Jefferson Scholar program at UVA, for example). The Hope Scholarship looks REALLY nice - it appears available to any student who graduates with a very achievable GPA (3.0/4.0).