>FWIW at University I was paid $27/week to be alive plus $300/term. Annual fees were $99. Today people getting the same degrees end up with student debts of up to $100K.
>
>Truly we are miserable swines who pull up the ladder behind us. For the most part you want these students getting qualified so you don't have to import furriner ratbags, so why not offer a bond or a release schedule for good service done at home rather than pursuing $ or lifestyle abroad? They're still worse off than we ever were with "everybody" now opposed to inflation that would erode their debt at the same rate it did ours.
When I started college, my brother was already in college and my father was in the midst of a career change. UPenn was fantastic. My first year, I had a financial aid package that not only paid for everything, but gave me a little cash in my pocket.
I did graduate with a pile of loans to be repaid, but I went right into grad school, so payment was deferred until I finished. By then, inflation had reduced the loan payments to not much at all.
I do not understand people who resent paying school taxes to see their neighbor's children educated, or who don't get the value of making college possible for all who are so inclined. We are a community, and the education of everyone's children is of value to me. It makes my town, my state, my country and the world a better place.
Tamar
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