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Posted on 11/1/16 at 5:49 pm to Slippy
Girl I work with paid 20k a year for the private college she went to that was not prestigious and paid for it all in loans. For a business degree. She'll be paying it off the rest of her life.
Posted on 11/1/16 at 5:51 pm to Slippy
how much is LSU a year these days?
Posted on 11/1/16 at 5:54 pm to Slippy
start a college savings account the day your infant gets a SS number. not really that hard.
Posted on 11/1/16 at 5:56 pm to Slippy
I knew a girl that graduated with $150K in student loans. She wound up with a $50K/ year job.
What a fricking idiot
What a fricking idiot
Posted on 11/1/16 at 6:03 pm to Slippy
It's absurd, but that is the way our college system has been headed for a while. I think it's a combination of the student loan crisis created by government fiat, as well as the insistence that these big-name ivy and private schools somehow offer an education worth the price. For instance, in many degree fields, what school you went to far outweighs the GPA you achieved as far as getting a job goes. It's especially bad here the DC area, and law is by far the worst offender.
Posted on 11/1/16 at 6:04 pm to REB BEER
Better off going to a tech school. Probably won't ever make the big bucks but basically no loans.
Posted on 11/1/16 at 6:15 pm to nvcowboyfan
quote:
over 130k income for parents - you are paying it all
Wow. That's more than half your pretax income.
Posted on 11/1/16 at 6:21 pm to Slippy
A lot offer large scholarships. If kids don't get them initially, hope they do well. Usually, colleges within the university are loaded with scholarships.
My younger sister didn't have a scholarship going into a $55k/yr college, and got two totaling $25k/yr after her first year
My younger sister didn't have a scholarship going into a $55k/yr college, and got two totaling $25k/yr after her first year
Posted on 11/1/16 at 6:24 pm to Slippy
I have no idea how they do it, and no idea why they bother.
UT-Austin, UVA and a handful of other public universities are also very well-regarded. If you graduate with a top GPA from either you can go to just about anywhere you want for grad school, including Harvard, Stanford, etc.
UT-Austin, UVA and a handful of other public universities are also very well-regarded. If you graduate with a top GPA from either you can go to just about anywhere you want for grad school, including Harvard, Stanford, etc.
Posted on 11/1/16 at 6:29 pm to nvcowboyfan
quote:
all are 70k per year for everything.
no performance based (academic)schollys
less than 75k income for parents - free
75-130 - you pay about 25k per year
over 130k income for parents - you are paying it all
I wonder how many forensic accountants work in the admissions office. I imagine there's a lot of creative stuff going on among families that just miss the aid threshold.
Posted on 11/1/16 at 6:32 pm to REB BEER
quote:
I knew a girl that graduated with $150K in student loans. She wound up with a $50K/ year job.
What a fricking idiot
So she probably pays what? $6k a yr? I am just guessing here, but if so.. Thats over 25 yrs she will be paying..
Posted on 11/1/16 at 6:34 pm to nvcowboyfan
quote:
less than 75k income for parents - free 75-130 - you pay about 25k per year over 130k income for parents - you are paying it all
No idea about the other schools, but not accurate for Harvard.
LINK
From their current website,
Also affected by how many of your children or in college.
•Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances. Families at all income levels who have significant assets will continue to pay more than those in less fortunate circumstances.
•Home equity and retirement assets are not considered in our assessment of financial need.
They also have a aid calculator on the site that will give an estimate of aid, a family of 4 with income of $165,000.00 and moderate investment assets would be expected to pay around $23k per year.
This post was edited on 11/1/16 at 6:38 pm
Posted on 11/1/16 at 6:47 pm to EA6B
quote:
a family of 4 with income of $165,000.00 and moderate investment assets would be expected to pay around $23k per year.
About 25% of after tax income. I'd be hiring a private detective to make sure junior didn't get up to any foolishness on my dime.
Posted on 11/1/16 at 7:11 pm to SabiDojo
quote:Incorrect. Jesus comes free. All you have to do is ask. College tuition is a different story.
Jesus don't come cheap, brotha
Posted on 11/1/16 at 7:46 pm to OweO
quote:Lol theres this thing called interest
So she probably pays what? $6k a yr? I am just guessing here, but if so.. Thats over 25 yrs she will be paying..
Posted on 11/1/16 at 7:51 pm to Slippy
Student loans man, make your kid pay it back if they MUST attend a pricey school
Posted on 11/1/16 at 7:53 pm to Slippy
I know two women who have degrees from private colleges like that and in these instances, one is a social worker and other is a school teacher...and they went to college to do that.
ETA: I also know some who are attorneys and make bank.
ETA: I also know some who are attorneys and make bank.
This post was edited on 11/1/16 at 7:54 pm
Posted on 11/1/16 at 7:54 pm to nvcowboyfan
quote:
no performance based (academic)schollys
That is fricked up.
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