(September 27, 2013 at 3:15 pm)Captain Colostomy Wrote: My pop went to a private college that charges more than Harvard. I still remember his twenty year college reunion invite coming in the mail alongside an outstanding tuition bill. He's 66 and still owes.
Wow. My dad got a Ph.D from the University of Washington, and that's been paid off for a very long time.
When my son was born, I started a 529 education account for him. I've set aside enough to get him through two years at a state University (not including room and board). He's 11 1/2. I'm going to increase how much I set aside per month and hopefully he won't have to take out a lot of student loans. Unless he gets a scholarship, or joins the military, he's not going to have any chance of getting financial aid.
I think we ought to debate reforming our higher education system in the US. We can do better.
