Quote:
Originally Posted by Capt Spaulding
It seems you think that is a reasonable cost.
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It is a reasonable cost for what you receive, but I agree it's a non-trivial amount of money. An amount that is manageable with sacrifice, and then assistance for those that truly need it.
Of course, we didn't pay close to $150,000 over 5 years either, so that makes a difference. Both our sons graduated within 4 years, and it was at a a cost of about $12,000 a year paid to the school and for board (they lived either off-campus or at home).
Obviously, we paid much less for some of the items listed here. But, we didn't have some secret formula either, anyone could have done it.
BTW, I'm not saying you did anything "wrong" in the way you helped your children pay for college, different situations call for different solutions. And some situations don't have a solution, you have to look for an alternative plan.
In the end, pretty much anyone that wants to go to college in the US can, and you can do it with minimum or no debt. You can do it the the way your family did, you can do it the way mine did, you can go through the Military, you can go over a longer period of time so you can pay as you go, there's lots of ways besides going $200,000 in debt.