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[quote=Anonymous][quote]Marie Antoinette! Is that you telling the kids who can't afford Brown to take out massive loans, or their parents should mortgage their retirements with PLUS loans, or maybe the kid should just take the easy route and get full FA at Harvard?

The $15,000 your friend took out in loans ten years comes out to $4,500 per year, barely a drop in today's $60,000 per year tuition.

Yeesh. You people.[/quote]

First of all, he graduated in 2007, so it's not like this was ages ago.  And second of all all, tuition is not 60K at Harvard and other privates, it's closer to 40K (I am getting this from the Harvard website).  It's tuition plus room and board where you are getting the 60K number.  Depending on where you go to school (obviously not somewhere like Columbia), you can save some from living off campus--I know many people who did.  Third of all, I'm saying he took out about 5,000 a year, and patching this together with savings and paying out of their salary, they made it work.  Maybe the choices you are making won't make it work, I dunno.  But it's not an all or nothing game.[/quote]

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