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re: Robert F just paid off an entire college graduation class student debt at his commencement
Posted on 5/20/19 at 10:48 am to NYCAuburn
Posted on 5/20/19 at 10:48 am to NYCAuburn
quote:
So this fool either has been at school for 10+ years or there is something else going on.
I didn't post that part of the article but he is 22 years old according to it
0
Posted on 5/20/19 at 10:51 am to Sun God
quote:
This is probably the fifth different figure concerning Morehouse’s tuition ITT.
Um its pretty clearly on their tuition and fees sheets. $21.5K for single room and board a year as well
Morehouse.edu
This post was edited on 5/20/19 at 10:52 am
Posted on 5/20/19 at 10:54 am to Sun God
quote:
This is probably the fifth different figure concerning Morehouse’s tuition ITT
LINK
12 hours of tuition and required fees (full time), the cheapest housing assignment, and a full meal plan, is $20,820 per semester, not counting books and other bullcrap fees (Like $281 per semester for parking - holy crap).
Posted on 5/20/19 at 11:11 am to NYCAuburn
quote:
Tuition, fees, and books at Morehouse are $14k a year
Tuition alone (no fees, no books, no room, and no meal plan) is over $25,000 for two semesters of a normal load. It is clear in the PDF you posted. It is clear if you are simply writing a check it is certainly over $30k per year.
Posted on 5/20/19 at 11:16 am to Obtuse1
quote:
Tuition alone (no fees, no books, no room, and no meal plan) is over $25,000 for two semesters of a normal load.
It states the total of fees tuition and books is $14,101 for two semesters "Total Tuition and Fees" "12-18 hours" "Fall/Spring"
ETA, they dont say if semester or yearly, but they present it as total
This post was edited on 5/20/19 at 11:22 am
Posted on 5/20/19 at 11:22 am to mikelbr
quote:
mikelbr
You should have learned to code
Posted on 5/20/19 at 11:32 am to agregime1
black privilege?
Posted on 5/20/19 at 11:33 am to NYCAuburn
quote:
The system isnt broken, people take advantage of the "system" and make very bad decisions
This story aside, the system is most definitely fricking broken.
Banks should not give out loans for majors that don't earn money after graduating.
Universities need to stop spending money in ludicrous ways and focus on two things: revenue generating investments OR academic improvement investments. Then they need to lower tuition with the savings.
Look at Purdue LINK
They cut spending on stupid shite, enacted a "tuition reimbursement" model for students to pay the university back directly instead of getting student loans, etc.
Posted on 5/20/19 at 11:43 am to Tyga Woods
Is this related to the kid that played at LSU?
This post was edited on 5/21/19 at 12:35 pm
Posted on 5/20/19 at 11:59 am to TheCaterpillar
quote:
Banks should not give out loans for majors that don't earn money after graduating.
Banks no longer issue student loans, Obama nationalized them in 2010.
Waters Unaware the Federal Government Nationalized Student Loans In 2010
quote:
The Department of Education under former President Barack Obama's administration took over student loan programs from big banks in 2010, after the financial crisis and the passage of the Affordable Care Act.
quote:
According to Investors Business Daily, the nationalization of student loan programs has coincided with an explosion in college debts, with an increase from $517 billion to $1.3 trillion during the period of 2006 to 2019
Posted on 5/20/19 at 12:18 pm to agregime1
Very cool.
Posted on 5/20/19 at 12:34 pm to NYCAuburn
quote:
It states the total of fees tuition and books is $14,101 for two semesters "Total Tuition and Fees" "12-18 hours" "Fall/Spring"
ETA, they dont say if semester or yearly, but they present it as total
That is for one semester. Just to make sure you don't keep going in circles this is from the 2017/2018 PDF:
TUITION AND TUITION---RELATED CHARGES
account.
Tuition per semester (for a minimum of 12 semester hours and a maximum not to exceed 18 semester hours)……...…….. $12,528
Morehouse tuition
They show the grand total for the year on campus as a minimum of $42k on campus and 28K off.
Posted on 5/20/19 at 1:13 pm to crazycubes
quote:
Unfortunately, I think now every college kid will think that there is a “chance” that it will happen to them as well.
Exactly. Re-enforcing that "free-ride" mentality.
Posted on 5/20/19 at 2:10 pm to LSUFanHouston
quote:
But 200K for undergrad, requiring 8 different people to co-sign loans... the system is broken. I'm assuming that 50K a year covers all of his living expenses as well, but damn.
His family should’ve sent him to a different school to get a generic finance degree but I guess it worked out for him
Posted on 5/20/19 at 2:36 pm to Supermoto Tiger
quote:it's not that they got a free ride, it's that they got a free ride bc an angel dropped out the sky for them, regardless of major or GPA
Exactly. Re-enforcing that "free-ride" mentality.
Posted on 5/20/19 at 2:41 pm to agregime1
Isn't he married to a playmate?
Posted on 5/20/19 at 3:21 pm to kingbob
quote:
I was going to be a debt free graduate of that college before he announced that, I would be super pissed
No shite. Instead of working your way through college could have borrowed 200k and had a hell of a time
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