posted on Sep, 23 2012 @ 02:16 PM
Originally posted by OccamsRazor04I'm from a middle class family, paid my college tuition myself out of pocket with no debt whatsoever
and after 3 years have already recouped the cost of my college education. My degree is in an extremely low paying field as well, Social Work. Had I
chosen on money not heart I would be raking in the money. I am going to Nursing school starting next year and in 1 year of working will have paid off
the entire debt of my degree and then be raking in the dough. Not sure where you got your info.
From a little research on the subject. It doesn't hold true for everyone but for the majority it does. The average cost of college tuition is
20,000/year. Here's the figures nces.ed.gov...
the rate of inflation on tuition is currently averaging at 6% a year
as well. Beyond that it's simple math, I gave a pay rate and a savings rate. From there you can figure out how long it would take to save for
college. In order to do it without loans, and pay for school as you were attending you either went to a less expensive school, had help from others,
or already had a decent job that allowed you to save money. Likely all of the above.
I was in a similar situation and managed to get through school entirely on grants, out of pocket money, and luckily enough even my parents.
Statistics trump personal experience though. Unfortunately as I've found out my degrees in Computer Science and Game Design make me completely
unemployable in my area as there's no jobs taking advantage of my degrees, I can't afford to move elsewhere for work, and random businesses would
rather hire uneducated people since the theory is they'll stick around longer.