2 ms·
$200k for an undergrad degree is very far outside the norm. Don't get me wrong, the norm is still pretty shit. But it's about an order of magnitude less shit
by catalogia 7y ago
$200k for an undergrad degree is very far outside the norm. Don't get me wrong, the norm is still pretty shit. But it's about an order of magnitude less shit than that.
> As of June 2018, Forbes reported that total US student debt was $1.52 trillion and that 44.2 million people owed debt.[3] The average student debt is $38,390. The median student debt is between $10,000 and $25,000, while 2% of borrowers owe $100,000 or more.
https://en.wikipedia.org/wiki/Student_debt https://en.wikipedia.org/wiki/Student_debt
$200k is closer to the kind of debt you'd expect from a medical school graduate.
- secabeen 7y agoAlso, only 25% of students attend private schools, 75% attend a state school (2 or 4 year): https://nces.ed.gov/programs/digest/d18/tables/dt18_105.30.asp https://nces.ed.gov/programs/digest/d18/tables/dt18_105.30.a...
- tengbretson 7y ago> $200k for an undergrad degree is very far outside the norm. Don't get me wrong, the norm is still pretty shit. But it's about an order of magnitude less shit than that That may be, but when the 6 year graduation rate is only 60% thats a lot of people paying "still pretty shit" in exchange for actually nothing.
- catalogia 7y agoI agree. That's why I said it's still pretty shit. I don't think hyperbole helps the situation though. Exaggerating the statistics isn't the right way to seek change.