General Discussion
In reply to the discussion: I can't imagine graduating college owing $900 a month [View all]riderinthestorm
(23,272 posts)or that the students aren't taking part-time jobs to offset costs, or whatever.
SOMETIMES its all of that, but a lot of the times its simply the cost of college has gone sky high. If you want to get a university education in the US, its going to cost you big time. PLUS the college administrators are salespersons - they 'sell" their programs/graduation rates/job placement rates/post grad salaries etc. etc. They are in the business of trying to get you to sign that contract and so they absolutely spin their numbers deceptively.
Some law school grads are actually suing their schools because they posted false job placement rates/salaries and it wasn't until those students graduated and tried to find jobs (especially in this economy) that they realized they'd been had and now owe $150k in student loans.