Student Debt

I went to a CSU (California State University) in my hometown. Lived in my own apt. Worked to pay my rent and my own bills. My dad payed my tuition and books. I don’t remember exactly what tuition was but it was in the $3k per quarter neighborhood. So he paid $10k per year for 4.5 years. $45 grand. And you cant get a four year education cheaper than that in California. Other states probably less. CSUs are about half the tuition price of UCs. Oh yeah and my parents gave me NO OPTION on applying for schools either. It was Cal Poly only.

[quote]666Rich wrote:
Whats your web business Challer?[/quote]

I have ~15 websites on various topics, monetized through advertising

Anytime you are buying something that is looked at as important or a milestone there are always huge fees associated with them. A few examples.

In Vitro Fertilization- couldn’t really tell you how much it actually costs but its definitely not a 10- 20,000 procedure.

C- Section Surgery- 11,000 dollars again not sure how much it costs but its way overpriced.

Adoption Cost- 7,000 to 40,000

Same thing with school. The response to all of this is “oh you can’t put a price on that!” and since you, the consumer can’t, I’ll just charge you as much as I possibly can. That is basically what these people do.

[quote]Hallowed wrote:
I went to a CSU (California State University) in my hometown. Lived in my own apt. Worked to pay my rent and my own bills. My dad payed my tuition and books. I don’t remember exactly what tuition was but it was in the $3k per quarter neighborhood. So he paid $10k per year for 4.5 years. $45 grand. And you cant get a four year education cheaper than that in California. Other states probably less. CSUs are about half the tuition price of UCs. Oh yeah and my parents gave me NO OPTION on applying for schools either. It was Cal Poly only.[/quote]

I’m basically in the same situation except for the fact that im not working and living with parents. I don’t understand how im supposed to get a Job when every ENTRY level job wants 2 years experience to apply for the job, fucken awesome.

I’m going to an ivy league law school and will end up about 200k in the hole. Funny thing is that I’m not even planning on being a lawyer anymore…my school pays off loans for its graduates who make less than 60k a year, and I’m pretty set on teaching high school and possibly coaching.

[quote]The3Commandments wrote:
I’m going to an ivy league law school and will end up about 200k in the hole. Funny thing is that I’m not even planning on being a lawyer anymore…my school pays off loans for its graduates who make less than 60k a year, and I’m pretty set on teaching high school and possibly coaching.[/quote]

Explain further please

Not really much to explain–the school is supportive of its graduates, as it sees each student accepting such a low salary by entering the public sector as being worth the investment to see what they do later on. It should be kept in mind that everyone graduating will have employment offers for ~200k/yr jobs, so to accept a low salary to work in the public sector isn’t a very common road to take.

[quote]The3Commandments wrote:
Not really much to explain–the school is supportive of its graduates, as it sees each student accepting such a low salary by entering the public sector as being worth the investment to see what they do later on. It should be kept in mind that everyone graduating will have employment offers for ~200k/yr jobs, so to accept a low salary to work in the public sector isn’t a very common road to take.[/quote]

I could understand if you went to be a lawyer for the government or something of that nature. But to teach high school with an ivy league law degree seems like a odd thing. I know nothing on the subject though. If that is true that is an incredible deal for them to pay off all your debt.

I read a post earlier about EFC, and how one student received more aide than the poster even though his parents made more money. If you’re getting ready for college, or in college, you need to learn how this works. I’m sure it’s changed since I was in school - but you don’t want any money in YOUR bank account. You want to move that over to your parents account. If it’s in YOUR bank account, it has a bigger affect on the EFC than if it’s in your parents account. You also really need to watch how much money you make during the year (most college kids get summer jobs). If you make “too much” money, then it will hurt your EFC. The system is ass backwards, but the government will pay for more of your college if you work less and make less money. Might as well let them.

[quote]optheta wrote:

[quote]Hallowed wrote:
I went to a CSU (California State University) in my hometown. Lived in my own apt. Worked to pay my rent and my own bills. My dad payed my tuition and books. I don’t remember exactly what tuition was but it was in the $3k per quarter neighborhood. So he paid $10k per year for 4.5 years. $45 grand. And you cant get a four year education cheaper than that in California. Other states probably less. CSUs are about half the tuition price of UCs. Oh yeah and my parents gave me NO OPTION on applying for schools either. It was Cal Poly only.[/quote]

I’m basically in the same situation except for the fact that im not working and living with parents. I don’t understand how im supposed to get a Job when every ENTRY level job wants 2 years experience to apply for the job, fucken awesome. [/quote]

I worked diff. jobs in school. I was a long distance operator for awhile which was great cuz could study at work and there were night shifts lots of schedule flexibility. Then I got into waiting tables and bartending which was good money. As far as getting into your career I cant help much because my career has nothing to do with my degree.

[quote]swimmer2500 wrote:
I read a post earlier about EFC, and how one student received more aide than the poster even though his parents made more money. If you’re getting ready for college, or in college, you need to learn how this works. I’m sure it’s changed since I was in school - but you don’t want any money in YOUR bank account. You want to move that over to your parents account. If it’s in YOUR bank account, it has a bigger affect on the EFC than if it’s in your parents account. You also really need to watch how much money you make during the year (most college kids get summer jobs). If you make “too much” money, then it will hurt your EFC. The system is ass backwards, but the government will pay for more of your college if you work less and make less money. Might as well let them.[/quote]

I’m fairly certain that it is based on your parent’s income until you are 26.