How much are your loans?

bthomp1
Wed, 05 Jan 2011 05:10:38 +0000

Reminds me of a student who turned down a nice scholarship to an excellent state school last summer to attend NYU. Probably in debt now for up to $25,000 after a first semester schedule (he posted his class schedule on a blog) that included two weirdly titled “culture” classes, a career class, and micro- and macro- economics. Probably credit for only the last two classes can even be transferred to other schools. Just this semester, he will probably have paid up to $25,000 for six credits worth of intro econ classes that would have cost $104 per credit hour at a cc in his home state and would be accepted for transfer credit at ninety percent of the colleges in the country.