College costs

[Jim Rogers]

About 10 years ago or so they lost every game they played. CU fired the coach and had to pay out his remaining three years. I almost wanted to apply as I physically couldn't have done any worse.

LSU is currently paying 3 head football coaches:

Lane Kiffin: Just hired ($91M contract)
Brian Kelly: Fired 2025 ($54M buyout)
Ed Orgeron: Fired 2021 ($17M buyout)

 

[PWMDMD]

Harvard will give you higher chance to be selected for an interview.
But, then it is still an interview. It happened to me. I got one job where it was between guy from Harvard and me. Turns out lying on CV is not good strategy. Regardless that one is Harvard graduate, people still check references.
So, I would not dismiss my chances just because others went to Harvard.

I just meant that was never my reason for pursuing an MBA. I just wanted the knowledge to run my business better and perhaps do a little on the dental-specific lecture circuit as I get older and want to do less clinical dentistry.

 

[ecotourist]

My first year at engineering college was 1967 - 68. I lived in room and board and was so busy I didn't have a lot of time for anything other than school. The fall and winter term, everything included, cost $1100. The second year cost $1200. I won a large scholarship going into 3rd year (which paid $800/year) covering a large proportion of my costs. I also had high paying summer jobs.

I finished that first degree with money in the bank. My salary upon graduation in 1971 was $9900/year. There has been massive inflation but the economics of higher education worked out much better in the past.

Upon graduation I was awarded a scholarship that paid $5000/year for postgraduate studies. After working for a year as an engineer, I took up that scholarship and completed the required classes for entry to medical school as well as all the required post graduate classes for a master's degree in one year, entering medical school after one year. I completed the master's thesis during breaks while in medical school. The scholarship didn't provide support while I was attending medical school, but did resume during summer breaks when I worked full time on my thesis.

 

[ripcord]

My first year at engineering college was 1967 - 68. I lived in room and board and was so busy I didn't have a lot of time for anything other than school. The fall and winter term, everything included, cost $1100. The second year cost $1200. I won a large scholarship going into 3rd year (which paid $800/year) covering a large proportion of my costs. I also had high paying summer jobs.

I finished that first degree with money in the bank. My salary upon graduation in 1971 was $9900/year. There has been massive inflation but the economics of higher education worked out much better in the past.

Upon graduation I was awarded a scholarship that paid $5000/year for postgraduate studies. After working for a year as an engineer, I took up that scholarship and completed the required classes for entry to medical school as well as all the required post graduate classes for a master's degree in one year, entering medical school after one year. I completed the master's thesis during breaks while in medical school. The scholarship didn't provide support while I was attending medical school, but did resume during summer breaks when I worked full time on my thesis.

In the early sixties, my grandfather gave my dad $100 when he left for college but from then on, Dad was able to pay his way through school with a part time job driving school bus. The economics of higher education have certainly changed.

 

[JeffKeryk]

In the early sixties, my grandfather gave my dad $100 when he left for college but from then on, Dad was able to pay his way through school with a part time job driving school bus. The economics of higher education have certainly changed.

100% agree. But there are ways to minimize costs, starting with Community College for the 1st 2 years. I see parents racking up huge debt; no way I would ever do that. Having been homeless will do that to you.

And some grads find their degree turned out to be wrong for them.

 

[ripcord]

100% agree. But there are ways to minimize costs, starting with Community College for the 1st 2 years. I see parents racking up huge debt; no way I would ever do that. Having been homeless will do that to you.

And some grads find their degree turned out to be wrong for them.

Community college is a great choice for the first couple of years. Kids who transfer into university their junior year from community college are more successful in both settings than students who start at four year institutions.

Community college environments tend to be more structured, the student population is older on average and more mature, and many kids aren't ready to manage their own affairs and benefit from living with their parents a few additional years

 

[wander2039]

Community college is a great choice for the first couple of years. Kids who transfer into university their junior year from community college are more successful in both settings than students who start at four year institutions.

Community college environments tend to be more structured, the student population is older on average and more mature, and many kids aren't ready to manage their own affairs and benefit from living with their parents a few additional years

That's what my oldest is doing.. He's shocked how much these colleges are. He's getting offers for scholarships for half but still it's pricey. It's amazing how many fliers we've gotten for colleges this year.

 

[ripcord]

That's what my oldest is doing.. He's shocked how much these colleges are. He's getting offers for scholarships for half but still it's pricey. It's amazing how many fliers we've gotten for colleges this year.

Enrollment is down as there are fewer kids graduating so competition for qualified students is increasing and the demographics are only going to get worse over the proceeding decade.

Universities are partly to blame for this as they have helped convince generations of young women to eschew traditional lifestyles and family formation so they are not procreating at sustainment levels.

 

[Dave Hess]

Garnishment of wages stating January 2026 for student loans in default.


https://www.cnbc.com/2025/12/23/student-loan-borrowers-wage-garnishment.html

 

[ripcord]

Garnishment of wages stating January 2026 for student loans in default.


https://www.cnbc.com/2025/12/23/student-loan-borrowers-wage-garnishment.html

I guess it's official, then. COVID is finally over.