U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession

Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by peanut_is_yum on Wednesday April 29, 2020 @12:55PM (#23021367)

> still 5 figures a year minimum

Speaking from personal experience, if you did decently well academically in high school, you can get upwards of 16K a year in grants alone (Pell Grant ~6K, State Grant ~5K, University Grant ~5K) if your situation is documented poor based on your parent's and your tax returns.

My state school (UT Austin) charges tuition of about $5.5k/semester if you take >= 12 hours of classes a semester.

Of course, I realize this advice only applies to those who are demonstrably poor and perform decently academically. But college is (better than) free if you fall in this category.

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Re:U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Rec... by prewett on Wednesday April 29, 2020 @01:52PM (#23022075)

The problem comes with families who aren't "poor" but aren't rich enough to afford spending an extra $20k/year ($11.k for UT Austin plus $10k for living expenses) for four years, for each kid. If you have three kids it's like buying an extra house, which isn't that affordable for most families.

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