College vs Start-up - It's not about the job

Re:College vs Start-up - It's not about the job by cconstantine on Monday March 02, 2009 @03:20PM (#500560)

My college loans are by far the best investment I've ever made. I went to a good in-state public school (Purdue), and lived very cheap. If they weren't at less than 3% interest they would have been paid off in one year from the extra money it earned me at work.

I don't understand the blanket hatred of college; it appears to come from people who spent >$100k/yr and are now drowning in that debt. If doe properly it's a very good thing; I learned a lot, made connections and grew as a person. I would say it's worth more to me than what I paid.

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Re:College vs Start-up - It's not about the job by tlrobinson on Monday March 02, 2009 @07:32PM (#500857)

$100k/year?! I thought even the expensive ones maxed out around $50k/year?

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Re:College vs Start-up - It's not about the job by madcaptenor on Tuesday March 03, 2009 @11:56AM (#501601)

I found a list of the most expensive colleges (http://www.campusgrotto.com/most-expensive-colleges-for-2008...). I don't claim that this is an authoritative source but I've seen very similar lists elsewhere). There are three colleges in the US that break 50k per year for tuition, room, and board. There are quite a few more between 48k and 50k, though, and so with a standard tuition hike of a few percent they'll be over 50k next year.

My own institution is proud to be doing its own "lowest tuition hike in 41 years", at 3.8 percent. Thankfully I'm a PhD student and so I don't actually pay my own tuition.

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Re:College vs Start-up - It's not about the job by cconstantine on Tuesday March 03, 2009 @02:28PM (#501823)

Yeah, so there are only a small number of colleges that expensive.

How about we say $100k of debt for a degree?

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