Student debt

Well, if you did that you’d wouldn’t be with us knuckleheads wallowing in Niner misery for two decades. :zany_face:

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It was standard for me in 69 when I began two years at Gaston College and transferred to Charlotte for my junior and senior years. I specifically took “college transfer “ classes that were all transferable to Charlotte. Saved a ton of money, but it wasn’t expensive back then. Only $33 for a full course load a quarter at Gaston and only $191 for a full course load at Charlotte. Not counting books. I was a commuter student. Yes I consider myself fortunate even if I did get College Foundation loans I was able to quickly pay off as soon as I went to work. Today’s situation seems a financial nightmare. It’s sad.

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This state does a lot better than most with subsidization of college studies though. It’s why Charlotte is as cheap as it is, it’s why we have two of the best community colleges in the region, and it’s why tuition is $500 per semester at WCU, Pembroke, Fayetteville, and Elizabeth City.

Charlotte Talks has been partly talking about college tuition rates being as high as they are. Coupled with the other article I had posted, it appears a lot of it comes down to prestige, and schools with a higher price tag are seen as more prestigious.

Socially that is.

Not the non elite privates.

I told my kid no private school that doesn’t move the needle academically will get a dime.

Non elite privates are for someone else besides me and mine. I don’t know who they are for.

Why you would pay those prices for a mediocre school is beyond me.

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I know some rich folk who have a kid that can’t into anywhere great and refuse to put him in any public schools. He’s been in private schools his whole life. That’s who they’re for

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All valid points. In our case, my daughter chose a “non elite private” because it gave her nearly a full ride and she’s planning to continue her education afterwards. She’ll probably do a larger university for that. So, she’s (me) saving a crap ton of money on undergrad which she (me) can then apply to grad school. Win win in my book.

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Good for her. I said “will get a dime”. If she is on scholarship that’s a win.

College loans probably should take into account the major,

im sure that would have plenty of unintentional consequences but an engineering graduating with 50k debt is going to have amuch easier time than an art major with a 50k debt.

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Unless that engineer is an ecological engineer and the artist is the next banksy haha

I think, amongst all the outrage, that’s the impetus behind reclassifying some majors that were classified “professional” degrees to no longer being technically classified as “professional” degrees. I has to do with the amount of debt one can borrow to obtain both types of degrees.

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