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>What do you mean that "the obscene fees you see in the US simply aren't a problem here"? Typically when people talk about the ridiculous cost of college in th
by AussieWog93 5y ago
>What do you mean that "the obscene fees you see in the US simply aren't a problem here"?
Typically when people talk about the ridiculous cost of college in the US, they bring up these obscene $200k bills that can never be paid off. I agree that $40k isn't ridiculous, and small change compared to the opportunity cost of not working.
- throwawaycities 5y ago> I agree that $40k isn't ridiculous That is about the average student loan amount on graduation in the US, but the hidden truth is the average student will end up having to pay twice that amount or more due to interest. The students with $200k will usually payback closer to $400-$500k over 40 years.
- astrange 5y agoThe typical person with high student loans in the US is a dentist and will definitely profit off of having them. The worst case is when you drop out of school, don’t get the degree, but still have the loan. There’s nothing good you can do about that right now except flee the country.