Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

jimfields33

(15,807 posts)
4. 63 thousand for a year of college is insane. Columbia should be ashamed and embarrassed.
Wed Sep 7, 2022, 12:10 PM
Sep 2022

Absolutely no reason for it to be that expensive. Reagan had a great congress obviously.

MichMan

(11,931 posts)
3. You think it is expensive now, just wait
Wed Sep 7, 2022, 11:59 AM
Sep 2022

Now that the amount people have to pay back is capped, colleges will raise their tuition to the maximum amount students are allowed to borrow. Taxpayers will be stuck paying the difference.

Raftergirl

(1,287 posts)
5. Those costs are only tuition. Room and board is not included.
Wed Sep 7, 2022, 12:59 PM
Sep 2022

My kid went to Bates in Maine.

Total cost of attendance his last year (2015) was $63k.

It’s now up to $75,680.

It’s a residential college (as is Colby the most expensive college in Maine according to the article.) Colby’s COA is $76,425.

Add another $15k-$20k to every school on that map to get the true cost.

The prices listed on the map do not include room and board.

These are colleges where everyone lives on campus all 4 years.

Tbs, most of these colleges have great institution aid (grants not loans) and approximately 40% of students get aid.

My kid got a great education and is making a ton of money. He already owns two homes - one in Boston and one in a suburb of Boston. And he didn’t need any help from us for down payments.

In our opinion it was a great return on our investment in his education.

He was also a liberal arts major/minor (Politics and History) for those who think majors in a liberal arts subject is a waste of money.

Torchlight

(3,339 posts)
7. I did state college in the mid-eighties
Wed Sep 7, 2022, 01:14 PM
Sep 2022

in Texas. Worked framing houses in the summer which paid for tuition, books, and fees (all told, I think I was spending about $800/semester), and still left me with dollars in my pocket for gas, beer and smokes.

Granted, I maintained part-time work in the student union building, and lived w/ my parents while my friends were off getting their first apartments, but still.

I'd be really surprised if a typical wage job could support that same level today, even at a state college.

Latest Discussions»General Discussion»If you're curious - The m...