Billionaire Robert F. Smith pledges to pay Morehouse 2019 grads’ student loans

Re:Billionaire Robert F. Smith pledges to pay Morehouse 2019... by scarface74 on Sunday May 19, 2019 @10:50PM (#19957166)

GA State University is a well regarded public college in GA - $10K a year.

https://sfs.gsu.edu/files/2019/05/FY20-Undergrad.pdf

And four year public colleges in GA offer 2+2 programs where you can go to a 2 year college even cheaper and then transfer.

Honestly, most students don’t go to Morehouse because it’s an outstanding college, they go to be a “Morehouse man” and the historical significance as an HBCU - And before I start getting replies about not understanding “the Black Experience”, I am Black, went to a much less prestigious (and cheaper) HBCU, spent a summer on Clark’s campus (part of the Atlanta University Center along with Morehouse) at a summer program, and came out with no student loan debt, and making just as much in 3 years as people coming from more prestigious schools.

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Re:Billionaire Robert F. Smith pledges to pay Morehouse 2019... by arsenide on Monday May 20, 2019 @12:28AM (#19957518)

How much is rent, utilities, and books on top of 10k/year tuition? Can students work to pay these other costs of living without sacrificing their studies? I have doubts.

Maybe at a public school the debt amounts are some percentage less. But, I argue, not that much less.

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Re:Billionaire Robert F. Smith pledges to pay Morehouse 2019... by DuskStar on Monday May 20, 2019 @01:30AM (#19957772)

I can't speak for Georgia, but my monthly expenses at UMich were less than $1k, and I graduated less than 5 years ago.

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Re:Billionaire Robert F. Smith pledges to pay Morehouse 2019... by gibolt on Monday May 20, 2019 @12:43AM (#19957582)

Rent and food plan (generally required) is usually between 5-10k per year, maybe more now. Add in books, travel, and so many other expenses, and we are edging up to the 100k mark

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