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In reply to the discussion: I can't imagine graduating college owing $900 a month [View all]NotThisTime
(3,657 posts)2. STEM majors come out doing well
I can see spending the money if the placement rate for you major is 90% and you start at 65 grand a year.
For these kids with this debt and a degree that can't get them a high wage job it's an impossible situation, but I do agree about starting out at the State level and then moving over to a private. Our daughter who wants to go to Medical school is doing just this, starting at the State University, living at home and then looking at private after that.
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My son started College as a 2nd semester sophomore based on AP credits. Got bachelors in 3 yrs.
crazylikafox
May 2012
#11
My daughter did exactly that too. Graduated with her masters in 2010 with ONLY $24k in debt.
riderinthestorm
May 2012
#14
My friend's daughter is doing the same thing - taking as many AP courses as possible before college
LynneSin
May 2012
#21
At $30k/year for even a US public university degree, you can't work enough to close that gap.
riderinthestorm
May 2012
#25
2012 costs for University of Illinois, a public state school is $30k for undergrads
riderinthestorm
May 2012
#9
I know but people (even on DU) want to blame the students, or ignorance
riderinthestorm
May 2012
#23
Very, very, very good question. And its a lot like the frog and boiling water analogy
riderinthestorm
May 2012
#27
Best strategy for poor kids: study really, really, really, really, really hard
JDPriestly
May 2012
#16
Yes. Education should be free, and we should pay more of our tax dollars for
JDPriestly
May 2012
#45
In GA, if you graduate High school w/a 3.0 GPA you only pay 10% of public college tuition.
aikoaiko
May 2012
#17
I can't imagine paying student loans over 30 years. Folks in their 30s, finishing phds, loan payoff
Liberal_in_LA
May 2012
#26
I graduated from there 30 years ago. Ironically ONU was known as one of the least expensive
madinmaryland
May 2012
#28