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College Costs: Some Economic Lessons To Minimize Debt

Dave_BerryDave_Berry CC Admissions Expert Posts: 2,351 Senior Member
"College is possible without horrifically burdensome student loans. Forethought and good decisions are necessary — either that or substantial wealth. I recently picked up some tips from credit union leaders who make student loans. I gave them an economic update and also reviewed the statistics that we all know: College graduates have higher earnings and lower unemployment than those who didn’t go to college or didn’t graduate. Then I listened to other experts. Here are a few things that I learned." ...

Opinion.

https://www.forbes.com/sites/billconerly/2017/10/06/college-costs-some-economic-lessons-to-minimize-debt/#d109f674798a

Replies to: College Costs: Some Economic Lessons To Minimize Debt

  • thetransfercoachthetransfercoach Registered User Posts: 95 Junior Member
    edited October 26
    I agree completely with Juillet. There is a lot that goes into dropping out of college; I worked at a high-poverty community college and the issue goes far beyond whether the students pay for tuition (they usually don't; most poor students qualify for Pell grants, anyway). It's hard to get to class if your car is always breaking down; it's hard to take online classes if your computer breaks and you can't afford a new one and financial aid doesn't disburse until the middle of the semester, or your internet is turned off in the middle of the semester.
  • Josie5Josie5 Registered User Posts: 13 New Member
    It also seems a little glib to imply that anyone can do two years at community college, then transfer to a "high-prestige school". Maybe if you're in a state with a good CC system - - not everyone is. Some kids will probably struggle to make sure their CC credits transfer to a state university.
  • user4321user4321 Registered User Posts: 93 Junior Member
    If this is the best advice that experts can give us, we don't have a chance
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