>A semester at any old American university could be $30k, especially for out of state tuition.
For public schools the average out of state tuition is about $10k.
The absolute highest is $23k. In state is much cheaper on average.
For private schools, $30k a semester is sticker price at an expensive school.
Very few college students can get limits that high.
> If I were to max my total credit limit on all cards and pay minimum payments it would take 86 years to pay off.
Most large credit cards charge accrued interest for the month plus 1% of balance (once your balance gets above a certain amount). It wouldn't take anywhere near 86 years for the majority of credit cards.
For public schools the average out of state tuition is about $10k.
The absolute highest is $23k. In state is much cheaper on average.
For private schools, $30k a semester is sticker price at an expensive school.
Very few college students can get limits that high.
> If I were to max my total credit limit on all cards and pay minimum payments it would take 86 years to pay off.
Most large credit cards charge accrued interest for the month plus 1% of balance (once your balance gets above a certain amount). It wouldn't take anywhere near 86 years for the majority of credit cards.