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re: Oregon thinking outside of box -- Free Tuition
Posted on 11/19/14 at 3:25 pm to StringedInstruments
Posted on 11/19/14 at 3:25 pm to StringedInstruments
quote:
You can go to an in-state SEC school for $24k on tuition alone. You could pay that off with $500/month payments for four years. $250/month payments for eight
Where are you finding A) $6k/year tuition and B) an interest free loan for 8 years (assuming the 4 years you refer to are the 4 following college)
For next year, LSU is $8700/yr (estimated), and from some quick research, that looks like it's about the middle of the road (Mississippi schools are about $7k, Alabama schools are $10k+), and that's just tuition/fees.
Posted on 11/19/14 at 3:31 pm to LSUGUMBO
Alright. Point still stands. The state covering tuition helps, but will 3% of income over 20 years be more or less than the tuition cost? Is this actually saving money on tuition in the long run?
Does it hurt the student in the long run to have this 20 year responsibility plus an extra loan with high interests rates to cover room and board and books?
Does it hurt the student in the long run to have this 20 year responsibility plus an extra loan with high interests rates to cover room and board and books?
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