Re:What's rising faster than health care? College costs
by sadawi on Tuesday August 16, 2011 @07:14PM
(#2893293)
Is lifetime earning to cost a useful metric, though? There are costs outside of college that won't scale with that ratio. Extreme example: a 1000:1 ratio isn't much good if your lifetime earning is $1000, and a 2:1 ratio could mean you come out ahead by a few million dollars.
[ Parent
| on HN ]
Re:What's rising faster than health care? College costs
by gte910h on Tuesday August 16, 2011 @09:48PM
(#2893683)
http://www.bursar.gatech.edu/student/tuition/Fall_2011/Fall1...
I get your argument, but the cost is far past $1.
$11,110 per semester out of state for guaranteed tuition plan and $1,185 in fees.
in state is $1,185 in fees and $2,248 per semester.
So here are starting and mid-career salaries (medians) for different colleges:
http://www.payscale.com/best-colleges/best-engineering-colle...
And I guarantee you 100k a year buys you a MUCH nicer house in Atlanta than in LA (further skewing the value).