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by johnminter
2811 days ago
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It is unsustainable. US higher education costs have risen faster than health care. The fraction of graduates who are behind or deferring their student loan payments has been rising. Queue Admiral Ackbar: It's a trap! Students and their parents need to have some difficult conversations: 1) How well prepared is the student for a given major? Remedial classes add cost but not credits toward the degree. 2) Does the student have a track record of finishing what they start? 3) Will the starting salary for graduates with that degree permit the student to pay their living expenses and their loan debt? 4) Are the time-to-finish estimates realistic? IIRC, the majority of students in 4 year programs actually take 5-6 years. |
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