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by marpstar 2955 days ago
A relative of mine is currently attending university who decided to blow a $50k college fund on TWO years of a four-year degree. I didn't even pay that much for four years (this was 10 years ago). A lot of the younger generation don't care because they don't have to pay anything now, so they'd rather go to a school they can brag to their friends about.
2 comments

That isn't that expensive: $10k/year for tuition and books, $15k/year for housing/food/life expenses. Now if its actually $25k/year just for tuition, that's pretty expensive.
if you're going to a school worth bragging about (read: Ivy League) then those are actually the ones that provide pretty good financial aid to those less well off. If you don't meet the qualifications for financial aid but still find yourself unable to pay, perhaps you're parents are holding out, and/or living above their means.