3 ms·
State schools are still a relative bargain. I attended around 30 years ago and it was about 5000/year + 4000 room and board. Tuition now is about 16Kyear and ro
by achenatx 6y ago
State schools are still a relative bargain. I attended around 30 years ago and it was about 5000/year + 4000 room and board. Tuition now is about 16Kyear and room and board is about 13K/year. If tuition is doubling every 20 years, that is about 3.6% growth in cost
The average public university is about 10K for tuition today. I think that is attainable for a middle class family.
Where things are really out of whack is all the loans to attend private schools. A student has no business going to any private school if they have to take out 50-100K in loans per year.
There should be no govt backed loans to private schools and no student loans should be discharged in bankruptcy.