this post was submitted on 05 Apr 2024
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[–] [email protected] 5 points 7 months ago

Rich parents.

There’s really no other answer for this one. I went to a very nice university. The average person has no idea how many college students are coming from phenomenally high income families where price is essentially no issue.

It’s just a matter of how high up the top 10% is relative to everyone else. Both your parents are doctors and they have 18 years to save up - half a mill for Amy’s college bill is basically piss money.

The only problem is that these college students tend to grow up in areas where this is basically the norm. I had so many 19 year olds act flabbergasted that not only are neither of my parents doctors/lawyers/engineers… they didn’t even gasp go to college!

[–] [email protected] 4 points 7 months ago (1 children)

There are a number of states where tuition is covered if you graduate from an in state high school and then go to an in state college or university. That's how I got my degree.

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[–] BombOmOm 3 points 7 months ago (11 children)

People are willing to pay it, therefore they will charge it.

We badly need people in the skilled trades. The jobs pay well, are in high demand, and don't require you go go into massive college debt.

[–] Bocky 5 points 7 months ago

Uneducated people are willing to pay that much. It should be considered predatory lending to sign up a 19 year old for $100k of debt

[–] Wrench 4 points 7 months ago (2 children)

The government also made huge student loans widely available. So government tried to narrow the wealth gap. In response, colleges just raised their prices, and students were forced to take out bigger and bigger loans.

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[–] [email protected] 3 points 7 months ago

It really depends on the scholarships. If they offer common merit based scholarships that bring it down to single digits of thousands, I'd think it's okay. Same with demographics based scholarships or registered need. You'd be using the rich dumb students to subsidize making the better students pay less.

But I have a feeling a lot of places are just price gouging, not subsidizing from the rich kids.

[–] HootinNHollerin 2 points 7 months ago

Scam bubble

[–] frunch 2 points 7 months ago

I've stopped caring about shit like this because they get what? Another generation or 2 of offspring before the payback for all the shit we've done comes to roost? Great, some people's kids will get to continue to believe we're just fine while 95% of the planet burns ᕕ( ᐛ )ᕗ

[–] 3volver 2 points 7 months ago

It got this way because younger people are willing to go into debt to get an education, and schools take advantage of that expected level of debt. I highly recommend looking up certificates that are available. One of the best ways to change this is for people to switch to alternatives.

[–] [email protected] 2 points 7 months ago

Just to keep the poor out of studying or to get them in debt for the rest of their life, easy peasy round business..

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