<p>Some interesting points, probably worth reading:</p>
<p>[In</a> a recession, is college worth it? Fear of debt changes plans - USATODAY.com](<a href=“http://www.usatoday.com/money/perfi/college/2009-08-30-college-costs-recession_N.htm?loc=interstitialskip]In”>http://www.usatoday.com/money/perfi/college/2009-08-30-college-costs-recession_N.htm?loc=interstitialskip)</p>
<p>Twenty-six years old making $100,000/year? I’d say her college education paid off pretty well for Darla. (What am I missing here?)</p>
<p>““To this day, I have yet to see the complete value of my education,” Horn says.”</p>
<p>Oh please…she double majored in journalism and anthropology! What exactly did she expect?</p>
<p>NewHope33 - she lost that job and is now self-employed.</p>
<p>I was surprised at the $100,000 too. But it seems that she lives in the NY City area, where salaries and the cost-of-living are much higher than average.</p>
<p>Also, I’ve known several people over the years who had early success in their career because they were in the right place at the right time. But once that opportunity went away – usually because of a downtown in the economy – they were never able to reach those heights again. In most of the cases I’m thinking of, these were people who made excellent money in sales for a couple years but then never again. I think they weren’t really great salesmen, just lucky for awhile.</p>
<p>Of note: SUNY Purchase is an inexpensive public, even for OSS students. There aren’t many less expensive educations, so this young person would have had to attend CC or commute from home to a local institution to spend less.</p>
<p>I haven’t checked costs of Texas In-states, by SUNY OSS costs are less than some states’ instate costs.</p>
<p>^^ In-state tuition in TX is actually pretty high - at least at the 2 major schools. UT Austin is somewhere around $24-26K and TX A&M is over $20K. At least that is what the parents of kids going this year have told me.</p>
<p>UT - Austin tuition rates vary slightly with which college you’re in, but they average around $4500 per semester for a full-time undergraduate courseload. Other expenses such as fees and housing will drive up the bottom line.</p>
<p><a href=“http://www.utexas.edu/business/accounting/pubs/tf_flatsem0910.pdf[/url]”>http://www.utexas.edu/business/accounting/pubs/tf_flatsem0910.pdf</a></p>
<p>^Wow. My UMich tuition instate is about $6200/semester at the lower level, and higher for juniors and seniors. </p>
<p>Are you allowed an unlimited number of credits there over 12 for the same price?</p>
<p>I have a friend who spent 2 years at Boston University but had to transfer to a state school due to his family losing so much money in the stock market. Im curious to see how the highest priced schools such as BU are effected by this recession. A year at these places can cost around $50,000.</p>
<p>Yes, you pay the same tuition at UT for 12 credits as you would for 24, but you won’t always get schedule approval if you’ve signed up for too many credits. The upper limit is generally 15 or 16 credits. The most I’ve ever heard of anyone taking was 18 and he ended up dropping a class because he was getting killed in all of them.</p>
<p>My guess is that BU met their targets - there still seems to be lots of families that will pay full fare for schools. I know one dad paying full fare for BU and Brown with another daughter with a good scholarship in an upstate NY school. BU may be high enough on the desirability scale to skate though this year with okay financials.</p>
<p>I heard an story on NPR today about overcrowding at JHU. The rep interviewed from JHU said they had expected that fewer families with no “need” would enroll their sons/daughters this year. They were wrong and now have about 100 more students in the class than planned.</p>