View Single Post
Old 06-30-2009, 10:56 PM   #80
anotherasian1234
Member
 
Join Date: Sep 2008
Posts: 390
"Honestly, I know people who live below the poverty line and attend USC because they are so poor that they only have to take 8k in loans a year."

okay. 8k a year when you're below the poverty line is a LOT of money to borrow, in the first place. i mean, wow. lets see:

8k x 4 years = 32k (at LEAST, since colleges expect you to borrow more each year).

i'd say that's still a big sacrifice for a family earning ~20k a year. dont think that they have it easier, just because their grant packages are larger. sure, it's probably tough for middle class families, but it's part of the investment that is higher education.
anotherasian1234 is offline   Reply