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Plus they studied a lot earlier because they are older, and back then the amount of loans was lower because tuitions were way lower.

• lapcat 3y ago
  Not necessarily. The elite ultra-expensive schools are a lot more generous with financial aid now than they were back in the 1980s and earlier.
  • bombcar 3y ago
    It's the middle-tier private schools that destroy you. Cheap public/community college results in small car levels of debt, and extreme Ivy League can result in full ride scholarships if you can't take the financial burden, but in-between they milk you for what they can.
    • lapcat 3y ago
      > extreme Ivy League can result in full ride scholarships if you can't take the financial burden My point is that this has changed and wasn't always the case.