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FakeNoose

(40,672 posts)

14. I don't think those numbers include the cost of tuition loans

Reply to Cirsium (Reply #10)

Mon Feb 2, 2026, 02:13 PM

Monday

Most graduates these days have crushing college loans to pay back, and they are prevented by law from declaring bankruptcy to get rid of it. So much debt that they'll never own a home, and maybe never get married or have children of their own.

My generation (roughly the same as Mineral Man's) never had to face that kind of student debt.

On the other hand my grandson is a freshman at Georgetown University and his tuition is about $80 thousand per year. Who can afford that, that isn't a trust fund baby? Luckily my grandson is a stellar student who qualifies for a scholarship, otherwise there's no way our family could have afforded this.

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MineralMan

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Highlight:

In 1970, I returned to college after four years in the USAF. [View all] MineralMan Monday OP

The people have voted to defund themselves and enrich the fat cats. It's crazy. 617Blue Monday #1

It is refreshing to see a fellow Boomer admit dugog55 Monday #2

Reagan gutted California's Higher Education thomski64 Tuesday #26

Ditto...in 1978 my tuition and books were less than $300...I was one of the last to serve under the old G.I. Bill. pecosbob Monday #3

Over the past 30 years, inflation has averaged 2-3% while tuition inflation has averaged 5-6% in the US Shermann Monday #4

Thanks So Much for Your Post. Very Well Said! The Roux Comes First Monday #5

Yep. I'd have not been able to attend Uni if tuition was a whole lot higher than it was late 80's AZJonnie Monday #6

Yep, early 80's very good state University with in state tuition you could definitley find a way to pay tuition ToxMarz Monday #7

In the 1970s, my wife and I worked our way through college and graduate school. Sancho Monday #8

Same story starting in 1969 BeneteauBum Monday #9

The statistics say otherwise Cirsium Monday #10

I don't think those numbers include the cost of tuition loans FakeNoose Monday #14

Of course Cirsium Monday #19

Percentage with degrees is only one statistic that can conceal a problem. Shermann Monday #22

Agreed Cirsium Monday #23

The OP's conclusion is that "it's getting worse, not better" Shermann Tuesday #27

No Cirsium Tuesday #30

Most everything costs ten times what it did in the seventies. twodogsbarking Monday #11

One thing in the financial literacy curriculum is overlooked: debt to projected income JT45242 Monday #12

Realistic, I suppose, but it's just fucking noise. hunter Monday #21

Similar story.. surfered Monday #13

Couple of years behind you, but Maeve Monday #15

GI Bill was great rickford66 Monday #16

I'm about ten years younger than you, and things were much easier than now. yardwork Monday #17

So much was so different in those days. MineralMan Tuesday #25

The GOP has weaponized their own policies against Democrats. yardwork Tuesday #28

The Republicans Are in a Desperate Battle with Reality. MineralMan Tuesday #29

In the late 80s I went back to college and all it cost me was for books. My employer paid the rest. multigraincracker Monday #18

I was a Boomer on the GI Bill in early 70's Bavorskoami Monday #20

I was having similar thoughts lately. We need a shift left. Joinfortmill Monday #24