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If your child goes for 4 years at 2 semesters a year, you will be spending $40k on tuition. Your child is almost certain to move out before then, so there will
by king_jester 13y ago
If your child goes for 4 years at 2 semesters a year, you will be spending $40k on tuition. Your child is almost certain to move out before then, so there will be an increase in that for rent. There is also food cost.
A LOT of families can't drop that kind of money for one child, let alone several if they have more than 1 kid. The availability of loans means that most students will take on debt to get that degree to some extent. When you are paying what seems to be a huge sum of money, a lot of people get taken in by the false premises and marketing that expensive or ivy league schools provide and get caught up in trying to get that school.
Overall this situation is totally unsustainable and harms more people that it helps. Blaming folks for not having what you have or doing what you did is ridiculous, your life isn't a template for everyone elses needs.