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> Is this surprising to anyone? Yes. Most people here who actually post in US college cost discussions seem to think the federal government is still only in t
by vonmoltke 6y ago
> Is this surprising to anyone?
Yes. Most people here who actually post in US college cost discussions seem to think the federal government is still only in the business of guaranteeing loans. As this article indicates, when the federal government is making these loans and owning them from start to finish it changes the dynamics considerably.
> I remember my first day of college (in 1993!) ... I was fortunate to only have $30k of debt
Where did you go? The on-campus sticker price on my state universities (Florida International and Florida Atlantic) was only about $35k (all-in) for the period of 1998-2002 (I didn't have to pay any of it).
- fatnoah 6y agoPrivate Engineering-focused college in the Northeast. All-in annual cost was listed at $24k for tuition, room, board, fees, etc.
- vonmoltke 6y agoThat's about what Rose-Hulman quoted me before aid. I would have had to borrow or work for about $12k/year if I had gone there.
- fatnoah 6y agoIronically, my state's University ended up being my most expensive option since it was the only school I was accepted to that offered zero scholarships.
- kevin_thibedeau 6y agoSounds like WPI. I wouldn't want to attend at current tuition rates.
- fatnoah 6y agoGood guess! One has to look at the actual cost of anywhere you go, which will take into account any financial aid. Regardless, that does become part of figuring out if you're getting your money's worth out of your education.
- kevin_thibedeau 6y agoI was also there in 93 so the tuition sounded about right.