Colleges gone wild - As my sons inch towards graduation, I'm getting more and more concerned about
stories like this, via Maggie's Farm: "
In 2003, only two colleges charged more than $40,000 a year for tuition, fees, and room and board; by 2009, 224 were above that mark. And now many are inching toward (or past) $50,000 a year." Why is tuition skyrocketing? In part because colleges are re-branding themselves as country clubs instead of places for higher education and personal growth.
2 comments:
you and your son should think long and hard about taking on any loans. if he is academically bright, and interested in a valid major, you should insist that he do the first two years at a community college, living at home. this should minimize the financial hit.
taking on huge debt to send a kid to 4 years of dorms and beer bongs for a bogus major is lunacy.
I went to Rutgers and my first couple years were pretty sparse: dorm life and studying at Alexander Library. Then the other day I read that Rutgers has a special lounge for juniors and seniors to sit around and watch TV. WTF?
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