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When I went to U of T, my tuition started at around $1900, and ended at $2500/year in my final year, all of which was covered by my scholarship. In addition, r
by stevewepay 11y ago
When I went to U of T, my tuition started at around $1900, and ended at $2500/year in my final year, all of which was covered by my scholarship. In addition, residence at New College was about $6000/year including meal plan. So you could pay for your entire year's tuition, or a huge chunk of it, by working a minimum wage job (I think that was ~$6/hr at the time). If you lucked out and got a decent $9/hr job, then you were living on easy street.
My parents weren't rich enough to pay for more than the residence costs, so I needed to get a part time job in order to do anything outside of school. It was just enough so that I could go out every now and then or buy a CD. But I left school with zero debt.
The idea that kids today leave school with 6 figure debts is crazy to me. Being disadvantaged with such a huge debt load means they can't afford to take risks, which is something that young people should be able to do. It's at the point where it might not be worth it to pay for that top school education if it means becoming and indentured servant to your debt.
- RustyTool 11y agoI agree, it's really unfair. I've had countless friends who ha d to stay local, since they couldn't afford dishing an additional $10k in living expenses elsewhere.