Reply to Paying for college $75K

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]College is such a ripoff. Forget loan forgiveness, how about everyone put pressure on these universities to come back to reality. They are solely responsible for the crippling debt kids find themselves in. [/quote]

College is crazy expensive, but people like OP constantly make their own beds and then down the line will cry about it. She is barely upper income for this area, she is NOT middle class and has a lot of opportunity however she is planning on squandering it on a school her kid has no business at. If parents didn’t behave like the OP and refused these obscenely expensive schools they can’t even afford, then these prices would not exist.

Americans need to take responsibility for their financial stupidity.[/quote]

WELL SAID. Best answer on this forum. FINALLY someone who understands the problem.
Markets operate within the laws of supply and demand. Prices always rise to the level that consumers are willing to pay. 
When consumers are no longer willing to pay, prices drop.
As long as parents will be willing to pay $75k like OP, schools will keep increasing prices.
As long as parents will be willing to jeopardize their retirement to pay these obscene tuitions, prices won’t go down.

Parents and students need to wake up and realize that their obsession to pay whatever is asked is fueling this ripoff. 
Schools will not drop prices unless they feel the pressure. [/quote]

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