Reply to s/o Sending your child to a small liberal arts college for $50k a year is a rip-off

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Reply to "s/o Sending your child to a small liberal arts college for $50k a year is a rip-off"

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[quote=Anonymous]for the vast majority of families, these colleges are simply out of reach.  Not everyone who went to the selective liberal arts schools comes out making 6 figures.  Shoot, I went to one and I will never make that on my own because of the field I picked (plenty of my friends, though, do - lawyers, doctors, finance, management types)  I don't think the education I got or the experiences I had were a rip-off, and the name and networking can certainly be helpful to many students.

If you can get scholarships to these schools, fantastic.  More power to you.  But, honestly, those of us in the true middle class (the $50-150K folks, not the "DC middle class") will not be able to afford these places out of pocket for our kids and also will not encourage them to saddle themselves with that type of debt burden at such a young age.

I think we're right on the edge of the a big college finance readjustment.  Costs have gotten completely out of hand, as I stated in my earlier post about the cost of my school more than doubling over just a little more than a decade.  At $80K, it was not completely outrageous.  At $200K+, HELL no.  Seriously, what average family can afford that?  And with college degrees being such a necessity...it is just a vicious cycle.  Something has to give.[/quote]

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