Quote:
Originally Posted by Craig
I don't know what's driving current costs, it's certainly exceeding the general rate of inflation. I was able to pay my tuition at a state university by working part time minimum wage jobs, I don't believe that would be possible today. I'm estimating at least $100K for my daughter's undergrad education, I don't think she's going to earn $25K per year working at the local McD so I'll probably be writing some large checks.
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My wife and I helped our son with his Bachelor's, and Masters. He also took some loans. By the time he did his Doctorate, he was able to demand that they give him a free ride and a stipend to boot.
Maybe that is why some parents oush their kids into competitive sports--hoping they'll get a sports scholarship to assist with the costs. I don't think the debating, or chess teams get must scholarship money. OTOH, in most cases the major sports programs are money cows for the schools, bringing in more than they cost.