I graduated college in California late 2005/early 2006 (winter semester). My whole degree cost somewhere around $5,000 to $6,000. We didn't have much money, so I lived at home for the duration, went to a junior/community college for 1 year, then transferred to a local state college for another 18 months to graduate in a total of about 2.5 years. During that time I only took one summer off to work full-time.
During the school year I didn't work much because the way the school counted credits I could take as many courses as I wanted at the fixed full-time student rate as long as I 1) received approval from the professors and 2) maintained a certain GPA. So I'd just load up on a ridiculous number of classes and spend my days and nights in the library. The girl I was dating lived across the street from the school, so I'd just spend most weeknights with her to save the commute.
Even though the cost of my college education was low by any measure, we (my family) could still barely afford it and I almost had to drop out. I distinctly remember the conversation where my mom told me that she may not be able to afford to keep sending me to school. You'd think being a mix of Black, Mexican and Native American and being on the honor roll every year I'd have had a scholarship of some sort, but nope.
Anyway, last year I was back home visiting family and spoke to a buddy's girlfriend about her educational plans since she was going to the same community college I went to. The cost per credit hour is now about 3X what I paid just 8 years ago! WTF!? I'm not sure how much the fees have increased at the 4-year state school, but I can only imagine.
I was completely blown away. Maybe this is common knowledge, but I had no idea education prices had increased so much, especially at community colleges.
Wow - my degree lands me a beautiful $8k every year (2 semesters). But it gets better.
I thought about improving myself in high school by going into early college. A free AA degree and at the same time as my HS diploma? Hell yeah! They didn't tell me that almost none of the credits would apply to my degree because 4-year degrees have almost every single course planned - so I still have 4 years to go... Oh and the feds just made a law that says if you take to long your tuition doubles. So for about the last year of my college that's $16k instead. Oh yeah, and we forgot. This state school requires every single student to take 9 credit hours in the summer - where summers aren't covered by any federal loans.
So that's a lovely $40k pile of debt on me by the time I graduate.
EDIT: Oops, included living costs, not just tuition. Living cost is about $8k-$12k a year. So the real total of debt is $72k.
During the school year I didn't work much because the way the school counted credits I could take as many courses as I wanted at the fixed full-time student rate as long as I 1) received approval from the professors and 2) maintained a certain GPA. So I'd just load up on a ridiculous number of classes and spend my days and nights in the library. The girl I was dating lived across the street from the school, so I'd just spend most weeknights with her to save the commute.
Even though the cost of my college education was low by any measure, we (my family) could still barely afford it and I almost had to drop out. I distinctly remember the conversation where my mom told me that she may not be able to afford to keep sending me to school. You'd think being a mix of Black, Mexican and Native American and being on the honor roll every year I'd have had a scholarship of some sort, but nope.
Anyway, last year I was back home visiting family and spoke to a buddy's girlfriend about her educational plans since she was going to the same community college I went to. The cost per credit hour is now about 3X what I paid just 8 years ago! WTF!? I'm not sure how much the fees have increased at the 4-year state school, but I can only imagine.
I was completely blown away. Maybe this is common knowledge, but I had no idea education prices had increased so much, especially at community colleges.