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College and University Discussion
Reply to "Donut hole reality "
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[quote=Anonymous][quote=Anonymous]$13k for tuition/year is a lot of money for a lot of people. Maybe not the posters on this thread, but still, that’s more than $1k/month just to pay tuition. Not including transport, books, etc. What is the median income in the US? I think I did the math not long ago on if my child were just to pay tuition to GMU (we live in Ffx county) and live at home, that is ~$60k. Sure, it could be slightly cheaper to do 2 years in community college, but for most people, that truly is a LOT of money. This board talks like that’s no big deal. It is.[/quote] FYI---most kids can earn $8-10K in a year in VA by working summers, breaks and PT (10 hours) during the school year. So if you live at home, the federal loan of $5.5K yearly and the kid working could pay for college almost completely. So the parents just need to contribute "letting kid live at home" and "transportation to/from school daily". There are ways to do college without much parental help and much debt [/quote]
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