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2 comments on this
The value of a college degree is going down IMO. My friend, his father and grandfather both graduated from the same engineering school
Grandfather's first job covered his entire college bill with 6 months salary
His father covered his entire bill with 1 year's salary
My friend covered his entire college bill with 2 years salary. (1985)
Now...college cost 280k...how many years to earn that as a new grad? If you factor in student loan costs that compound that number, 280 could easily become 350
College tuition is a scam....another friend's kid is at a school where he pays full freight...but 1/2 of the kids are going almost for free....how does that make sense? It's another tax/wealth distribution model.
Well @upstater has to feed his family too.