How does one not get into debt with the tuition rates and insane textbook costs
of today? I find it interesting that those who criticize people with student
loans either:Went to school 50 years ago.Had a connection
(like their daddy was a professor so they were handed out free tuition).Never went to school.At the university of Utah, you'll pay
over $3 grand per semester just for 12 credits. When you take into consideration
fees and textbooks, you're looking at $4 grand. How is one supposed to
afford that plus living expenses working their min wage job at Walmat?
It's more than a conclusion, it's a commitment.
So you were thinking that Lincoln's famous words about "a government of
the people, by the people and for the people" somehow applied to you with
your problems? Once and for all the matter of whether the proper function of
government is to help its people achieve their dreams or just stay out of the
way and be as inconspicuous as possible. The conversation is on.
Re Larry JonesHave you considered the possibility of a temporary
second job to speed up the process of your getting out of debt?
FreedomFighter41 - Now turn to a specialty school like Parsons New School of
Design in New York City where my son attended. Undergraduates entering this
fall will pay $21,038 per semester for 12-19 credits (full time student) or
$1480 per credit. On top of that, pay the cost of living in New York City while
you attend school and times that by 4 years of school. It adds up, doesn't
it. But it's all about the choices we make. No one is forced to attend
school at the campus but if you want to land the best jobs, that seems like what
it takes. Education costs have exploded in the last decade and are only getting
A worthy goal Larry, at the same time remember life is a process. Hopefully there does come a point in your life when first of all you are not
stressed by your debt (you have confidence it is manageable) and secondly when
you are debt free.Debt is a fact of American life. Wise debt is the
function of informed choices.Debt and credit are not necessarily the
boogey man, used wisely they can enhance life. Even the most solvent of
America's giant corporations use debt everyday. Inform yourself, and
practice self governance and you'll do ok whether you wind up as a school
teacher or a CEO
FreedomFighter41- Stop Whining....My daughter graduated from the U
of U without debt two years ago...She did not have a rich
daddy...She did not go to school 50 years ago She did go to
college.What she did was figure a way for her to pay her way through
school. It took her five years instead for four, but she worked and paid as she
went.Now she is debt free (Well except her house she just bought),
she is putting her husband through school now. There are ways to do
it, but you have to learnt to sacrifice.
It's great to hear someone thinking about this, and realize that you CAN
live debt-free. I'm especially impressed that he learned this lesson so
young. It only works if you learn it when you are young. Becoming converted
late in life doesn't work as well (the debt is already accumulated).We should all try to minimize debt. Even our governments and
corporations. They need to borrow... but they should MINIMIZE I
it... and they should only do it if they have a PLAN to pay it off.IMO our Federal Government not only doesn't have a PLAN to pay off the
debt they have borrowed for us... they have absolutely no intention of EVER
paying it off... or even REDUCING it.Google "US National Debt
Clock" and look at any of them.$17,614,556,773,206 and that
number goes up by millions every day.That's the kind of number
you can't comprehend. And you can't pay off... no matter how hard
you try. It's depressing.And no... one party isn't
responsible. CONGRESS (both parties) is responsible for our budget and our
Onice again., the usual suspects have implied that it is the duty of the
government to keep them out of debt. In other words, they are entitled to have
the taxpayers fund their every want and need. This idea is
preposterous. No one is owed a debt free existence. Those who spend more than
they earn have no one to blame but themselves, and they must live with the fact
that irresponsible spending leads to stress.
So we have $2 trillion to throw away in an illegal war in Iraq, billions more to
throw away in foreign aid, and yet we don't have any money to pay for the
college education of our own students?How does that make any sense?
@John Charity Spring:"Onice [sic] again., the usual suspects have
implied that it is the duty of the government to keep them out of debt. In other
words, they are entitled to have the taxpayers fund their every want and
need."Are you related to Don Quixote? I re-read the comments,
and couldn't find one that stated or even came close to implying what you
are alleging. Care to identify your "usual suspects" and quote what
they said that supports your statement?
So why isn't the government regulating this?Why can't the
government put a cap on the price of textbooks and tuition? It seems like our
students are in need of a watchdog. Where's the government when you need
The issue is this, everyone should not go to a 4-year college. Prices for
tuition are what they are because of demand. The propagation of the idea that
everyone needs a college education has been bad for students and the economy.
We are wasting so much money, both in government subsidies and
students with loans. I went to class with too many students whose sole purpose
was just to get the degree with as little effort as possible. In other words,
they were spending money for a piece of paper without the desire to actually
learn much of anything. Tell me why that is worth the money spent?Just look at the number of students graduating and working in jobs that have
nothing to do with their degree. Again, wasted money.The fact is
jobs that 50 years ago didn't require a college education can now demand
one since so many people are going to college. Maverick- When did
it become the job of the government to make sure everyone has college paid for?
It just further increases a false and wasteful demand.
"We are wasting so much money, both in government subsidies and students
with loans. I went to class with too many students whose sole purpose was just
to get the degree with as little effort as possible. In other words, they were
spending money for a piece of paper without the desire to actually learn much of
anything. Tell me why that is worth the money spent?"Without
that "little piece of paper" they wouldn't have the jobs to begin
with.I have friends with history and psych degrees working in the
finance sector. However, without those little pieces of paper they wouldn't
have even been given an interview at these financial firms. Those
who graduate with 4 year degrees typically earn more than those who don't.
So those "little pieces of paper" actually do matter. Or you
can continue to live in self-denial.
After the next revolution, it may be possible to have the equal opportunity of
life, liberty and pursuit of happiness. But only if we can realize the
government of the people by the people and for the people. 2
bits. If I owe $17,614,556,773,206 on the day I die, should I
care?American is dying. Not because of the debt, but the debt is a
ECR- You don't need to go to the most expensive schools to get the best
jobs. I went to a state school in Arizona while doing some coursework at the
community college to save money, and still got accepted to multiple medical
schools. I chose a less expensive state school for that as well and it did not
limit my opportunities at all. I had med school classmates who had gone to
Harvard and Yale and were at the same med school as me with my "less
prestigious" education. Many of my med school classmates from our "less
prestigious" U of Utah, ended up in some of the best training programs in
the country.I bet most of the top people in their fields did not go
to the most prestigious and expensive schools, or it did not matter. Nepotism
matters more than schooling.Maverick- A cap on textbook and tuition
prices? How about we put a cap on the price of whatever service or goods you
provide to limit your income. Would you be okay with that?Why is it
caps are always okay unless it affects your income?
"Maverick- A cap on textbook and tuition prices? How about we put a cap on
the price of whatever service or goods you provide to limit your income. Would
you be okay with that?Why is it caps are always okay unless it
affects your income?"Since when has price gouging been okay? And because your heroic activist judges have ruled that bribery is free
speech, it has become impossible to break up the monopolies and force publishers
to compete. If they're going to price gouge then the government
needs to put caps on how much they can gouge. Besides, maybe
it's time for these publishers to sacrifice a little bit too? Rather than
buy the 600 foot yacht they should only buy the 500 foot one? Why
should the 99 percent of us sacrifice so that the 1 percent can continue to
Debt is the American way. And part of becoming a responsible citizen and adult.
It ensures people will keep showing up to work, and not quit their jobs.
The government loans money to large banks at 1% or less. The loans to students
are a minimum of 8%. The great Senator, Elizabeth Warren recognizes that the
system is broken and needs change. Tuition rates is just one more way in
which the poor are prevented from making more money.
Kora - I have no doubt that what you say is true. I also went to a state school
to receive my degree in architecture and if I was looking for a job in certain
cities in the west and Northwest my degree would be respected by those firms.
But there are firms in the east, especially in New York City, that won't
even interview candidates unless they attended an Ivy League school. And so you
have to ask yourself if you want to work for those firms. Like you, I have
never felt inferior to anyone I've worked with who attended a prestigious
school. But those stuffy, prestigious firms, who hire only the Ivy Leaguers, get
most of the major commissions and so some people are willing to pay the price to
get those jobs.Another aspect of going to a prestigious program is
the networking that goes on and the association you have with other people who
are top in their industry. It's a decision that everyone has to make and
the more competition in the job market, the more those decisions matter.
To "FreedomFighter41" it is easy to stay out of debt while going to
school. All you have to do is work part time during the school year and full
time during the summer and breaks. Even with a minimum wage job that should get
you enough money for tuition and books. Living with your parents while going to
college would help to cut costs too.I was able to go through college
without debt, and so were my siblings. If you want to go through college
without debt, you can do that if you put your mind up to it.
Redshirt - Living at home with your parents while you're in college is
great...unless you live in a rural community where the college is far enough
away to make it not feasible. I finished college with very little debt -
because I worked full time in the summer and had a part time job (actually two
of them) during school. I was also married for part of my schooling and my wife
worked to support us. But tuition for a full schedule on my last semester was
$250. That was for a full schedule. Please tell me even the cheapest state
school that doesn't charge at least 10 times that amount for college
tuition.It's not easy to get a degree (and these days a masters
degree is usually needed for the best jobs) without going partially into debt.
It seems if we want a well-educated populace in order to keep our own industries
running it wouldn't be a bad idea for the government to help the situation
with finding, regulation of interest rates or whatever it takes for people to
get educated without being bankrupt on the day they leave school.
Tuition cost at the U: 2864.00 for 12 credit hours (full load). About 239.00 per
credit hr.Mandatory Fees (non negotiable) 434.00For a grand
total of 3298.00 PER SEMESTER....That does not include: Lab Fees
Transportation, Books, supplies, food, housing, insurance, or anything else you
can think of.When my daughter worked her way through school, she
stayed at home, used a car provided by me with insurance, I paid for the books
(around 800.00 a semester) and I feed her.People like ECR mention
may not have it as easy if they live in say Rural areas, because they can not
simply live at home and go to school. Although at least in Utah, they are
putting some satellite schools out in the rural areas for such reasons.
The right's war on college students is well documented.They
don't want anyone to dare challenge the richie 1 percenters. Demand that
they obtain college degrees and saddle them with large amounts of debt! Keep the
99 percent in servitude to the 1 percenters. How much longer will we
buy this bad Kool-aid?
FF41,right's war on college students?HAHAHAHAHAtoo funny!!!where do you come up with this hogwash?to
listen to you, the right must include the 1% and no one else.demographics say this just isn't truethen you get the
clintons and pelosis, who are 1 percenters, and they definitely are NOT rightBut when you talk about keeping people in servitude, you are really
talking about those who the dems have made dependent on the government
ECR: The starkest example of the disproportionate impact of Ivy Leaguers is
SCOTUS, where they are all from Ivy League schools, and all but one are from
east of the Mississippi.
@ ConfusedSo in your original post you bragged about how your
daughter did things "on her own" without debt. Yet, now you reveal that
all she did was pay for tuition. You handed her thousands of dollars. You
essentially doubled and tripled whatever she paid in tuition and subsidized her
education. All she did was pay for tuition (which is a great feat,
don't get me wrong).But how many middle-class Americans, forget
lower-class families, have an extra $6-10 grand per semester hanging around? You
paid for her books, her room and board, food, car, etc. That is thousands of
dollars that most Americans just don't have right now. While
most Americans are scraping by just to make ends meet, you were able to give her
thousands of dollars. See, most Americans don't have that
luxury. Most students will earn enough from their jobs to pay for tuition, fees,
and maybe cellphone or some food. The rest? Goes onto the student loan debt so
that they can have a roof over their heads, textbooks to study, etc.
To "The Educator" for an educator you don't know how things work.
A college student does not have to pay a dime towards their student loans until
they either graduate or stop going to school.The other thing you
don't realize is that a student in most places can actually afford a
college education without going into debt. For example, California has 26
universities that are less than $6000/yr for tuition. With another $800/yr for
books, a person could afford to go there while earning minimum wage (assuming
they live with rent free), and if they live away from home if they work full
time during the summer they could earn enough for living expenses.You see, even in an expensive place like California it is possible to get an
education and make ends meet, if you want to.
"A college student does not have to pay a dime towards their student loans
until they either graduate or stop going to school."Did I say
otherwise? Could you please quote where I stated that students had to pay off
their loans while going to school? Part of this discussion is dealing honestly
with others. "With another $800/yr for books, a person could
afford to go there while earning minimum wage (assuming they live with rent
free),"That's like saying everyone can have beach front
property if they were just born to a millionaire family, like Mitt Romney. Who
lives rent free? Certainly not the majority of college students. At
Utah Valley alone, estimated costs of going to school for just 2 semesters is
over $20,000 including real expenses (not the free ones that you make up) like
food, rent, textbooks, etc. What college kid can come up with over $20,000
dollars and still go to school full time without receiving handouts from their
parents and/or going into debt?
I don't agree with RedShirt that it's "EASY" to stay out of
debt while going to school... but I agree it CAN be done. You don't need
a rich daddy. It takes commitment or necessity... then you do whatever it
takes, even if it takes working nights or dropping out long enough to accumulate
the cash needed to proceed with your education.I think when you earn
it yourself.. you actually appreciate it MORE than people who have it given to
them (by parents, a scholarship, a grant, or the government).I did
it (no grants, no scholarship, no loans, no help from daddy). But I did it 30
years ago... so that may not be valid anymore.You CAN do it... but
it's NOT "easy". Never has been... even 30 years ago. It's
even harder now because it's more expensive and banks are willing to loan
money to students... There were no banks willing to loan money to students
during the Carter years. I tried. Couldn't find a single bank that would
give me a loan.
"With another $800/yr for books, a person could afford to go there while
earning minimum wage (assuming they live with rent free), and if they live away
from home if they work full time during the summer they could earn enough for
living expenses."800 per year on textbooks? How long ago did you
go to college? 1960?I just spent $200 dollars on a used math book
off of amazon.com. If I wanted a new one from the bookstore I would have paid
$250. Many of my friends spend $800 on just one semester of books. And
that's shopping online!"For example, California has 26
universities that are less than $6000/yr for tuition"Cool story.
But the bottom line is how many of those with resumes from "cheaper"
universities get thrown away in favor of those with flashy resumes that show
that they got their degree from an "expensive" university? You see, due
to failed Reaganomics, the competitive over jobs is fierce. For many job
openings there are hundreds of applicants. Those with degrees from lesser known
schools are thrown out (despite oftentimes being more qualified than those with
flashy degrees from expensive universities).
To "The Educator" since you can't read what you have written, you
said "Most students will earn enough from their jobs to pay for tuition,
fees, and maybe cellphone or some food. The rest? Goes onto the student loan
debt..." you either mean that students pay for student loans or else
didn't communicate your idea clearly. You decide which.You
didn't think about the rest of my statement. I said that with a minimum
wage job a person in California can afford tuition and books. If they want to
live away from home all that is required is to work full time during the summer
and not part time.Your Estimates form UVU are also wrong. For an
in-state student they estimate a cost of just over $15,000/yr. Even that
assumes a lot of unnecessary expenses. If you really wanted to, you could
easily cut that down to $12,000/yr. That means that a person could work 20
hours a week during the school year and 40 hours/week during the summer and
graduate debt free with an entry level telemarketing job.
"Goes onto the student loan debt"The rest of the costs. See,
you need to read the entire statement:"Most students will earn
enough from their jobs to pay for tuition, fees, and maybe cellphone or some
food. The rest? Goes onto the student loan debt..."So it's
pretty obvious that I was saying the rest of the costs, bills, etc are paid for
by student loans. If you wish to argue about this further then we're done
here. "You didn't think about the rest of my statement. I
said that with a minimum wage job a person in California can afford tuition and
books."But they can't. Sorry. Lets do some math! Min Wage
in California is $9 per hr. If you work full time that's $360 per week.
Times by 4 weeks: $1440. Times by 12 months out of the year: $17,280.
That's without considering taxes too. If Tuition is just $6,000
(as you stated). That means that a person has $5,000 for the entire year to pay
for fees, textbooks, insurance, food, room and board... Without paying taxes.
It is my understanding that 100% of students at Harvard are on scholarships that
pay all tuition and book expenses.something to think about when there is
talk of ending Pell grants and student loans.
It was pretty clear to me that, "The rest? Goes onto the student loan
debt..." meant the same as, "The remaining student costs not covered by
their income ends up adding to their amount of total student loan debt."But then, perhaps my LDS Business College, University of Utah, and
Western Governors University education has endowed me with a
greater-than-average reading comprehension skillset . . .
Its not even about debt. Its society placing too much emphasis on getting a
degree that doesnt even matter. There are only so many jobs in the four college
degrees that will actually get you somewhere. Education, Nursing, Engineering,
Law and Medicine. I guess thats five. But there is an inflation of those
degrees. Do you really need a degree in business to start your own business?
Come on. If you dont have vision or innovation, a business degree wont do
anything for you. There are people that major in philosophy, drama, art and
communication and those kinds of degrees go nowhere. Its the
emphasis on getting any kind of a degree that will most likely get you nowhere
that is the real problem. That emphasis is scamming gulliable people out of
money they couldve used for starting a business.
My parents were poor.I worked 2 part-time jobs, joined the
Military, saw the effects of war for myself, and listened to
"Liberal" professors for 6 years.With that sort of exposure
to world, living outside of the Utah "bubble", and seeing
for myself what I was taught at the University, -- It changed my hard
conservative heart into a bleeding heart Liberal.
I have 4 kids that have graduated or are in college. 1 Private university, 3
public universities (with 2 being out of state). Due to scholarships, their
savings from work, and other funding sources available to all, they have/will
graduate without student debt, and I will have not had to pay anything.It can be done with proper planning.Nevertheless, I will state
that there are some significant barriers - the one that frustrates me the most
are books. Knowing a few college professors, it is clear that their gravy train
for live is to get a textbook published, and they update it every couple of
years. If colleges could reign in the textbook industry somehow, it would be a
To "The Educator" you are confusing. I don't think you are reading
my posts very well. You seem to be reading into them what you want.I said that tuition and books can be paid for while working a minimum wage
job. The you argue against that by saying that working a part time job you can
earn more than enough money to pay for tuition and books. You don't make
sense.I was quite clear that for a person living at home and working
a part time job that a college education is very attainable without going into
debt.Can you make up your mind?
@Larry JonesYou make excellent points. As you proceed through life,
bear in mind that maintaining a modest lifestyle can be an important part of
having peace of mind and the ability to help others financially. You can get by
just fine without a McMansion, for example.
Educator...My daughter paid all Tuition, fees, parking passes, Lab Fees,
etc...I paid for books, transportation costs, housing, food... that
is it.Most Americans families can afford to do this regardless of
their income, because they do all this for the most part anyways. These kids
live with their parents and most of the less paid families do most of this for
their kids.For the poor, there is Pell Grants and other programs
that can be used to help pay for their education.my daughter did pay
for her education, she was still required to help around the house because in
order for her and her sister to go to college, both my wife and I worked (I held
down two jobs).My point is this... if you want it bad enough, you
will find a way to accomplish it without the government having to bail you out.