Yeah, I was running through the “how much money you need to save to finance your baby’s college education” calculator yesterday that my local bank has on its website.
$100000 for a 4 year, state university degree beginning in 18 years, it said.
I about fell out of the chair. For an undergraduate degree? That’s an obscene amount of money…
No. 1: “I about fell out of the chair. For an undergraduate degree? That’s an obscene amount of money…” And don’t believe it. There’s the sticker price ($100K+) and the actual price. Even an expensive private liberal-arts college can end up being close to the price of a state university. The real difference will be–in the former–small classes, individual attention, and therefore some valuable connections. In the classroom, that can really make a difference with students. At my institution, we’re concerned with teaching students how to think–a skill in very short supply in church and society these days–and we have the time in class to ask students a lot of questions, to hear many short papers, to critique their arguments, and, eventually, to graduate students with a great deal of “value added.” My own college–Hood–may not be known for having the most elite crop of matriculants on Day One. But what graduate and professional schools tell us is that we’re known for the quality of students we graduate. And believe me: I’ve taught many first-generation college students of amazingly limited means who somehow ended up making it through and hence on the path to success.
The bottom line is … Parents: wait to find out what the bottom line is. See what the Financial Aid Office can put together for you. I hope you’ll be surprised that a quality education is suddenly quite affordable, even for your child, who, although unquestionably above average, was not class president, a 4.3 honors graduate, or the captain of three varsity teams her senior year.
I find it hard to believe that those “valuble connections” are worth anything outside of Harvard, Yale or MIT.
Certainly I doubt they are worth the difference between a state college and an Ivy.
It would be useful to see what the employment rate and salary of folks 1 year out from Hood and those 1 year out from State might be.
Me, my kid goes to the state college (Missouri Southern). She has classes of less than 20 in most subjects and her professors are free with office hours. Room, board, books and tuition cost less than 10,000 and with the extra money saved, I plan to give her the down payment on her house. She will graduate with no debt.
I think that a paid up house and college and no debt in the hand is worth far more than any number of mysterious “connections” in the bush.
I do not understand why anybody goes to private colleges on anything less than a full scholarship (a la Princeton).
I don’t recommend my way of getting an education to anyone but I found myself in the Korean war and got trained for electronic maintenance (Great Lakes NTC). After 4 years in the service I got out and I went to college ( a lot of help came from the US Government ) and finished up with the help of my employer. Passing grades were not given to me – I earned them. When I started industry employment I received good pay because I had the degree plus service – connected technical training in the Navy. Those in our modern age who feel the world owes them a living will sadly learn it isn’t so. I am willing to believe there are some persons in the auto industry who could be trained for other employment. Am I wrong??
I thought the video was REALLY funny, given the obscene sense of entitlement it revealed. Isn’t that awful — that this good looking popular honor-roll hockey jock might actually not get everything he wants in life? I mean he might actually not end up at Harvard — he might instead have to go to Berkely or Ann Arbor or maybe a small liberal arts school. Oh golly — that’s just a TRAGEDY. I am gonna cry into my pillow every night for a month straight.
And the big statistics that flash on the screen — that now 50% (!!!) of families might have to consider how expensive a school is before they send their kid there. WOW! You gotta be kidding me! 50% Five-O? Oh my God what a CRISIS… it’s the Eschaton! The Four Horsemen are gonna appear any minute. You mean only HALF of American families are so obscenely privileged that they can send their kid to Yale if they feel like it? Say it ain’t so!
I would love to have my African brothers watch something like this and get their take on it. Or just some local boyz I know in the hood. I bet they’d be real heartbroken.
Yeah, I was running through the “how much money you need to save to finance your baby’s college education” calculator yesterday that my local bank has on its website.
$100000 for a 4 year, state university degree beginning in 18 years, it said.
I about fell out of the chair. For an undergraduate degree? That’s an obscene amount of money…
No. 1: “I about fell out of the chair. For an undergraduate degree? That’s an obscene amount of money…” And don’t believe it. There’s the sticker price ($100K+) and the actual price. Even an expensive private liberal-arts college can end up being close to the price of a state university. The real difference will be–in the former–small classes, individual attention, and therefore some valuable connections. In the classroom, that can really make a difference with students. At my institution, we’re concerned with teaching students how to think–a skill in very short supply in church and society these days–and we have the time in class to ask students a lot of questions, to hear many short papers, to critique their arguments, and, eventually, to graduate students with a great deal of “value added.” My own college–Hood–may not be known for having the most elite crop of matriculants on Day One. But what graduate and professional schools tell us is that we’re known for the quality of students we graduate. And believe me: I’ve taught many first-generation college students of amazingly limited means who somehow ended up making it through and hence on the path to success.
The bottom line is … Parents: wait to find out what the bottom line is. See what the Financial Aid Office can put together for you. I hope you’ll be surprised that a quality education is suddenly quite affordable, even for your child, who, although unquestionably above average, was not class president, a 4.3 honors graduate, or the captain of three varsity teams her senior year.
I find it hard to believe that those “valuble connections” are worth anything outside of Harvard, Yale or MIT.
Certainly I doubt they are worth the difference between a state college and an Ivy.
It would be useful to see what the employment rate and salary of folks 1 year out from Hood and those 1 year out from State might be.
Me, my kid goes to the state college (Missouri Southern). She has classes of less than 20 in most subjects and her professors are free with office hours. Room, board, books and tuition cost less than 10,000 and with the extra money saved, I plan to give her the down payment on her house. She will graduate with no debt.
I think that a paid up house and college and no debt in the hand is worth far more than any number of mysterious “connections” in the bush.
I do not understand why anybody goes to private colleges on anything less than a full scholarship (a la Princeton).
I don’t recommend my way of getting an education to anyone but I found myself in the Korean war and got trained for electronic maintenance (Great Lakes NTC). After 4 years in the service I got out and I went to college ( a lot of help came from the US Government ) and finished up with the help of my employer. Passing grades were not given to me – I earned them. When I started industry employment I received good pay because I had the degree plus service – connected technical training in the Navy. Those in our modern age who feel the world owes them a living will sadly learn it isn’t so. I am willing to believe there are some persons in the auto industry who could be trained for other employment. Am I wrong??
I thought the video was REALLY funny, given the obscene sense of entitlement it revealed. Isn’t that awful — that this good looking popular honor-roll hockey jock might actually not get everything he wants in life? I mean he might actually not end up at Harvard — he might instead have to go to Berkely or Ann Arbor or maybe a small liberal arts school. Oh golly — that’s just a TRAGEDY. I am gonna cry into my pillow every night for a month straight.
And the big statistics that flash on the screen — that now 50% (!!!) of families might have to consider how expensive a school is before they send their kid there. WOW! You gotta be kidding me! 50% Five-O? Oh my God what a CRISIS… it’s the Eschaton! The Four Horsemen are gonna appear any minute. You mean only HALF of American families are so obscenely privileged that they can send their kid to Yale if they feel like it? Say it ain’t so!
I would love to have my African brothers watch something like this and get their take on it. Or just some local boyz I know in the hood. I bet they’d be real heartbroken.
Amazing.