My generation has been dubbed "the millenials" because we seem to have "come of age" [roughly] in the first decade or so of the new millenium. I am in the "generation y" part of this large generation of young people who face a problem that our parents didn't face to nearly the degree we do now. Funding College. In America it doesn't seem to matter whether the millenial kids go to public or private 4-year colleges, make no mistake! Unless you are REALLY poor, REALLY lucky, or REALLY a "when pigs fly" prodigy, you will be shoveling boatloads of money out your door [or piling a mountain of debt on your head and getting collection calls in 5 years or so.].

 

When I told a European of the "average" cost of a PUBLIC college full-time, live-on-campus, tuition for 1 YEAR, he was floored.... [the average is estimated at about $30,000 - for 1 year]. Projected out four years, you get almost $100,000 [which is not including expenses on textbooks, food [except... if you're lucky, it might include a dining hall plan], clothing, cell phones, technological requirements, medicine [prescription, doctors, non-prescription], and gas/ car payments. Yep! You can see why we lose sleep.


My parents say they want to pay for all three of their children's tuitions, but I think they're dreaming [not to be pessimistic]. The projected [but never spoken about] cost of this would be close to [if not] half a million dollars.

 

We DO try for financial aid. But... while federal student loans are easy enough to get - they will come back to bite you in the ass later. Grants are nearly impossible for middle class students to get. And unless you're extremely lucky or over-the-top talented at something, scholarships [if you can get them] amount to peanuts.

For example... lets say you have to pay $30,000 a year for tuition and managed to get a $3,000 a semester "good grades in high school" scholarship. That's all well and nice... but for a year, the scholarship will pay only $6,000. On what planet is that enough to make even a dent in a $30,000 tuition? Okay so we're down to $24,000... big difference right? lol

 

I'm attending a community college part time right now. I don't qualify for scholarships and the government took one look a the "withdrawl" semester when I was in the hospital, and threatened to take away my student loan capabilities.

 

Still.... I guess it could be worse.

As a part-time student my parents shell out $136 per credit hour. [since most classes at my community college are 3 credit hours... triple that]

If you go full time you would pay $1,621 a quarter if you're in state.

 

 

I guess that's better than my brother who goes to one of the nation's biggest public colleges, Ohio State University [student population - 60,000 last I checked].

As an Ohio Resident my brother's tuition will be around $19,584 a year

 

If I continue with my current plan to transfer as a full-time student to the university of cincinnati, my tuition will become between $20,000 and $25,000

 

Where's the sanity? *sigh* 

Views: 23

Comment by Kirk Holden on March 29, 2011 at 5:43pm
Good thing you are an atheist. Otherwise you would be so screwed.
Comment by Kenneth Montville D.D. on March 29, 2011 at 5:59pm
Yes, college is expensive. However, that public university tuition you posted is the average for an out-of-state student. In-state tuition in a state like, Massachusetts (my home state) is only about $6,000/year and in Virginia (my current home) it is about $7,000. And those aren't bad schools mind you, that is UMass Amherst and Old Dominion University.

The problem is that students and parents are not educated enough to determine what is and is not a good idea when it comes to picking a college. Going to a school out of your home state is always going to be more expensive than going to one where you live.
Comment by sukhdeep on March 29, 2011 at 7:33pm
skycomet, when talking about his brother's tuition around $19000 at OSU includes boarding and meals, whereas ken, i think, your $6000 does not factor that in and if u do it will cost u at least $16-17000 at old dominion per year.
Comment by Skycomet the Fallen Angel on March 29, 2011 at 8:42pm

Sukhdeep... I'm a "her" lol. [Sorry... just had to correct that... lol - is very proud of being female... but men are cool too]

Comment by Skycomet the Fallen Angel on March 29, 2011 at 8:44pm
Also Kenneth, my brother's tuition was "in-state". Ohio is notorious for having very high tuition rates. I must have picked up the wrong average. What is the average in-state in this country now... since I screwed up on that.
Comment by Skycomet the Fallen Angel on March 29, 2011 at 8:45pm
And yes, I did calculate in room and board and fees.
Comment by Kenneth Montville D.D. on March 29, 2011 at 8:45pm
You're right, I didn't. But to make my point, out-of-state tuition at ODU is $21,000, three times their instate tuition.
Comment by Reg The Fronkey Farmer on March 29, 2011 at 8:53pm
I have two friends in Ireland and both are from Ohio. One went to college in Antwerp and the other in England. They reckon it saved them thousands and they are now both qualified. One has a Masters in International Law and the other in a Science subject. I think one did her degree in Ohio state first though.
Comment by Kenneth Montville D.D. on March 29, 2011 at 9:55pm

Tuition, room and board at Ohio State University is $14,402 for in state students attending a regional campus (not Columbus).

 

Not saying college isn't expensive, it really is. But I feel that some people exaggerate the expense by not really looking at in-state vs. out-of-state tuition.

Comment by Becca on March 29, 2011 at 11:39pm

I think it's completely insane that a person has to go into debt in order to get a college education and better themselves and have a higher chance of being a productive member of society ... shouldn't we be encouraging our population to be educated? Oh wait that's right we don't want the lower classes educated because then they'll start standing up for themselves.

 


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