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re: Anyone NOT save for your kids' college?
Posted on 5/6/13 at 10:33 am to Sigma
Posted on 5/6/13 at 10:33 am to Sigma
quote:
The days of paying for college as you go are gone, if you are expecting to finish in close to 4 years. Tuition inflation has been significantly higher than general inflation for so long that the gap is just too large unless the child gets significant scholarship money
The are are lots of kids that pay as they go today. There is no rule requiring a student to finish in 4 years, if it means you have no debt in the end take 6 years. Why spend 25-35K for 1st year intro and elective courses when they are available at community colleges for a fraction of the cost.
Community college 3 hour course $198.00
4 year public university in same town 3 hour course $592.00
Fees for full time student
Community college $45.00
4 year University $494.00
Posted on 5/6/13 at 10:42 am to EA6B
I was aiming my post for kids entering college down the line, as mine is a long way away. The community college scenario is not very common, though I agree that people should start looking at funding college differently.
Posted on 5/6/13 at 12:10 pm to EA6B
I'd like to know what the drop out/fail out rate is at a community college compared to a 4 year university. I see college more as a experience and part of growing up than an invest in your career and you can't do that living at mom and dads going to CC.
This post was edited on 5/6/13 at 12:12 pm
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