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A comment on Tuition costs have risen 710% since 1983 (1200% since 1980). Inflation: 194%. Parent comment

Re:Tuition costs have risen 710% since 1983 (1200% since 198... by frumper on Monday July 10, 2023 @02:36PM (#36670984)
Those don't include private loans which can be co-signed by parents if needed, nor do they include PLUS loans where parents also take out loans. Colleges are also quite helpful in what you need to do to be declared independent for financial aide purposes, which almost doubles that limit.

Graduate students are where it gets wild though.

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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by l33t233372 on Monday July 10, 2023 @03:27PM (#36671677)
Private loans aren’t backed by the government though.
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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by frumper on Monday July 10, 2023 @04:28PM (#36672483)
They do have protections in bankruptcy as student loans though so it isn't a normal unsecured risk for lenders. They're also not hard to get, which goes back to the point of easy money inflates tuition.
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