Reply to Is U Michigan OOS worth $400K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is any college education worth $400k?

Note: I can report that the tuition is just a part of it. We are spending a small fortune on off-campus housing, food, (ahem) entertainment, etc. in a supposedly affordable area…it’s obscene.

I wonder if the money would have been better spent on investments to supplement my kid’s future earnings following a less expensive college path (eg, community college followed by in-state flagship). [/quote]

Currently Michigan costs about 346K for 4 years.  Not 400K

FACT[/quote]

I am currently spending $1,100/month on off campus housing—plus utilities—and the lease is for 12 months. FACT

Food, gas, and entertainment (think: restaurants, bars, clubs, sporting events, concerts, and random travel) add up. FACT

Travel to/from home when students are apt to travel is pricey. FACT

It all costs a small fortune times 4 years, and it’s all on top of the tuition. FACT

Plus, as the schools continue to plug holes left by the administration’s cuts to research, tuition will undoubtedly jump.

It sounds like you’re enjoying your college years.  Congrats! [/quote]

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