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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most of the people I know didn't have loans.[/quote]

Are most of the people you know from very upper class families?[/quote]

No, it was just cheaper back then. But now that I think about it, I know people who had grad school loans.[/quote]

I don't know a single person who didn't have undergrad loans who wasn't very wealthy. (class of '89)[/quote]

Considering college was cheaper back then, this exemplifies why the pressure for middle class to pay all of it is becoming unrealistic. There was a separate thread about saving $1M(!!!!).

Only the very wealthy can do that, or perhaps middle class who essentially live poorly and/or have some form of generational wealth (like didn't have loans, unexpected inheritance, etc.) to help them in that pursuit.[/quote]

College was not that much cheaper given incomes and inflation.  A private was still $40-50k 30 years ago. [/quote]

No it wasn't.  I attended a T10 uni, graduated in 93 (that university is now 90K+).  My last year the total cost/all-in with all fees/travel/etc was estimated at 27K.  My first year (took 5 years for 2 degrees) was ~$20 or 21K.

[/quote]

But the differential between private/public was still huge. My public U cost <$2k in tuition/fees (can't recall the room & board cost) so my parents insisted I do that vs. private college that they felt was too expensive.[/quote]

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