Liesje
Blue Crack Addict
anitram said:
College today is VASTLY more expensive than it used to be. There are people I know who have debt of $60K for an undergraduate degree. There is one I know who owes $75K. Do you have any idea how difficult it is to start out in life that deep in the hole?
Yep, I know EXACTLY what that's like. We have $80K and will be adding to that steadily over the next year and a half. I make $32k before taxes and insurance gets taken out, but considering most of my peers and the economy here, I'm counting my blessings. I can't save much, but I can pay the bills for both of us (well, since Phil's loans are deferred so I pay about $600/mo for mine) and have a bit on the side for going to the movies and getting clothes. My beef is with the cost of the tuition and the competition for necessary scholarships, not really with how much money I make. I was VERY pleased to be offered that much, considering the unemployment rates around here. My friends (also grads) are all either still in school, desperately searching for work, or doing something like retail for $7.50/hr. The best part about my current job is the benefits. If I didn't get vacations and holidays, I'd go mental. If I didn't get insurance (medical, dental, and life for Phil and I), I would not be able to afford it on my own. This summer I'm doing training for technical certifications and then I'm eligible for raises. Another perk is that my current job pays for any training programs and certifications I want to do, which then make me eligible for more raises and more marketable if I try to get a job somewhere else.
Anyway....I pretty much agree with a lot of what you're saying, I just don't think it's as big of a deal as it might seem and if I were going to change anything, it wouldn't be making it more difficult to get a BA in general, it would be taking a hard look at the costs of tuition at the better schools (and I don't mean private schools are the better schools - UofM is a really good school and costs nearly $20K).