Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:at 18, I left for college and never went back.
Got student loans and worked. Made it through just fine.
Parents had a lot of kids - I was the oldest - and didn't pay for anything.
Not understanding how this is a thing?
That’s much more difficult to do today. Without a co-signer, a traditional undergrad student can only take out up to $27,000 in federal student loans total over the course of their 4 years, not per year. That limit hasn’t increased since 2007. Which averages out to about $5-6k/year limits. The cheapest instate schools are $10k/year nowadays in tuition alone, and then you add in bare minimum $900/month rent in a shared living situation. Then add in transportation, food & books.
Hopefully, that explains it for you.
It’s actually 31000 now. And most people can probably earn around 15k/year for part-time and summer jobs. Find super cheap housing and it’s possible.
Nope, it’s $27,000 for traditional students (17-23 y/o, unmarried, childless, non-military, not emancipated due to abuse). And any “super cheap” housing will be far away from campus & therefore require a car, if it even exists.
The loans don’t even cover tuition in full, even at the cheapest instate school or community college. $15K/year for living expenses is laughable.
Anonymous wrote:Effectively kicked out at 18. I fortunately had enough money from scholarships and my mom’s life insurance that college was doable with minimal work study and a few loans. I did go home a few times for Christmas but otherwise stayed with my sister and friends during breaks. I was travelling for most of the summers during college, funded by scholarships or teaching English. First couple of years out of college I supported myself fine with various jobs and low COL lifestyle (roommates etc). When I needed to get on my feet after college I stayed with my aunt a few months while I took the train into the city to temp as I looked for my first “real” job. A few years of that then a full ride to law school, and have been comfortably supporting myself ever since.
Elderly dad and stepmom now periodically beg for money. They can suck it!
Anonymous wrote:Anonymous wrote:teeny tiny violins.
Which post are you replying to?
Anonymous wrote:Anonymous wrote:teeny tiny violins.
Which post are you replying to?
Anonymous wrote:teeny tiny violins.
Anonymous wrote:Anonymous wrote:Anonymous wrote:at 18, I left for college and never went back.
Got student loans and worked. Made it through just fine.
Parents had a lot of kids - I was the oldest - and didn't pay for anything.
Not understanding how this is a thing?
That’s much more difficult to do today. Without a co-signer, a traditional undergrad student can only take out up to $27,000 in federal student loans total over the course of their 4 years, not per year. That limit hasn’t increased since 2007. Which averages out to about $5-6k/year limits. The cheapest instate schools are $10k/year nowadays in tuition alone, and then you add in bare minimum $900/month rent in a shared living situation. Then add in transportation, food & books.
Hopefully, that explains it for you.
It’s actually 31000 now. And most people can probably earn around 15k/year for part-time and summer jobs. Find super cheap housing and it’s possible.
Anonymous wrote:Anonymous wrote:at 18, I left for college and never went back.
Got student loans and worked. Made it through just fine.
Parents had a lot of kids - I was the oldest - and didn't pay for anything.
Not understanding how this is a thing?
That’s much more difficult to do today. Without a co-signer, a traditional undergrad student can only take out up to $27,000 in federal student loans total over the course of their 4 years, not per year. That limit hasn’t increased since 2007. Which averages out to about $5-6k/year limits. The cheapest instate schools are $10k/year nowadays in tuition alone, and then you add in bare minimum $900/month rent in a shared living situation. Then add in transportation, food & books.
Hopefully, that explains it for you.
Anonymous wrote:at 18, I left for college and never went back.
Got student loans and worked. Made it through just fine.
Parents had a lot of kids - I was the oldest - and didn't pay for anything.
Not understanding how this is a thing?