DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Cost of higher education goes up faster than healthcare and no one cares

**bs44MhUW** · 08-10-2009, 02:04 AM

as for cost of education that students face: not all students face the same issue.

Schools with large endowments are slashing out-of-pockets costs for incoming freshmen, some even giving full free rides. I'm talking about most big private schools (not just Ivy League) as well as state flagship universities in some states that still have proper funding made available to their higher education systems.

Other students who either can't get into those schools or financially choose to go to schools in their hometowns don't fare as well. Part of the reason for this is that federal Pell Grant program has been curtailed by a lot since the 1990s, while pushing for more student loans and student work-study programs.

Lastly, those students that end up attending community colleges or private technical trade schools (ITT Technical Institute, etc.) usually have to pay the actual rates and fund it mostly via loans that come up due as soon as they graduate-- the interest rate meter starts running.

I'm just glad I don't have to deal with any student loans...at least until I decide to go back to school, which will be only on part-time basis.

08-10-2009, 02:04 AM	#28
bs44MhUW Join Date Oct 2005 Posts 399 Senior Member	as for cost of education that students face: not all students face the same issue. Schools with large endowments are slashing out-of-pockets costs for incoming freshmen, some even giving full free rides. I'm talking about most big private schools (not just Ivy League) as well as state flagship universities in some states that still have proper funding made available to their higher education systems. Other students who either can't get into those schools or financially choose to go to schools in their hometowns don't fare as well. Part of the reason for this is that federal Pell Grant program has been curtailed by a lot since the 1990s, while pushing for more student loans and student work-study programs. Lastly, those students that end up attending community colleges or private technical trade schools (ITT Technical Institute, etc.) usually have to pay the actual rates and fund it mostly via loans that come up due as soon as they graduate-- the interest rate meter starts running. I'm just glad I don't have to deal with any student loans...at least until I decide to go back to school, which will be only on part-time basis.
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