$49K debt for daughters education...

[bjcheung77]

Single mom taking on debt for one of her daughters education... I don't know why they didn't go to some school that is more affordable when there are options out there!  Many of us are not aware of these options though and no one informs them that a college education can be affordable if you are flexible with the degree and schools of choice.  

There is also a related video in regards to Student Loan Forgiveness - 44 year old had $140,000 in debt erased!

Link: Meet a single mom who took on $49,000 in student debt to put one of her 2 daughters through college: 'It's the only way for my kids to get an education and be successful' (msn.com)

[rachel83az]

'It's the only way for my kids to get an education and be successful'

I feel so bad for the people who have fallen for this propaganda.

[dfrecore]

'It's the only way for my kids to get an education and be successful'

I feel so bad for the people who have fallen for this propaganda.

Same.  Only 30% of Americans have a bachelor's degree.  You mean to tell me that NONE of the other 70% are successful?

[Vle045]

Ugh…. That’s the primary reason I am here. So that I can be “in the know” when my son graduates High School. While I would love for him to have some version of a typical college experience, I’d love to find ways to reduce the time and cost. He’s not even sure if he wants to go to a typical college. He may just prefer to do something online. I’m also keeping tabs on jobs he could get that will pay for it.

[davewill]

Ugh….  That’s the primary reason I am here.  So that I can be “in the know” when my son graduates High School.   While I would love for him to have some version of a typical college experience, I’d love to find ways to reduce the time and cost.  He’s not even sure if he wants to go to a typical college.  He may just prefer to do something online.   I’m also keeping tabs on jobs he could get that will pay for it.

I'm a big believer in community college as a way to keep costs down (assuming that they ARE affordable in your area). Most of them offer online options, if that's desired. It's a lot cheaper to change your major when you are concentrating mostly on Gen Eds the first two years. Also, your classes are taught by the Profs instead of a tag team of grad students.

The one daughter did two years at CC (spread out over more than two), then went on to Berkeley, a school she would not have likely gotten into out of high school. CC saved us a pretty penny or five.

[thecontrarian]

Lady in article says $49K debt already but expected to double by graduation. Thats bad news.

Last March I was facing a $150K total bill for doing a 4y Accounting Degree at Rutgers when I abandoned the plan then I stumbled upon this forum. With the help of the people of this community, I'm now in my final (and only) term and 16 credits away from a Bachelors in Accounting! Total cost I think by end of a degree is gonna be $6k. In that time I also been working part-time in retail no problem.

Did I miss the college experiance? Yes. But I don't think I can really miss that much what I never had in the first place. Lot of my buddies went to Rutgers and its 50/50 I'd say when they come back. Some of them love it. Some of them hate it.

I wouldn't change where I am, but if I really wanted to go B&M college I'd guess my first option would be getting huge credits up-front first, then maybe even doing the Amazon thing. Then walk into Rutgers for a 2 year stint.

[ss20ts]

I'm a big believer in community college as a way to keep costs down (assuming that they ARE affordable in your area). Most of them offer online options, if that's desired. It's a lot cheaper to change your major when you are concentrating mostly on Gen Eds the first two years. Also, your classes are taught by the Profs instead of a tag team of grad students.

The one daughter did two years at CC (spread out over more than two), then went on to Berkeley, a school she would not have likely gotten into out of high school. CC saved us a pretty penny or five.

Depending on the state system, community college doesn't help at all. I graduated with honors with an AAS from a state community college and transferred to a state university. I was guaranteed acceptance into the university because of my AAS. I was not guaranteed admission into my major though. I also wasn't transferred as a junior. I was transferred as a second semester freshman. I had to repeat most of my business courses. I ended up leaving after 1 semester. It wasn't worth it. I had 60 credits. Made Dean's List. Graduated with honors. And I was still still only a freshman! I was going to transfer to a local private school who made me a junior and didn't make me repeat all of my business courses, but it was too expensive. Damned if you do and damned if you don't.

[dfrecore]

I'm a big believer in community college as a way to keep costs down (assuming that they ARE affordable in your area). Most of them offer online options, if that's desired. It's a lot cheaper to change your major when you are concentrating mostly on Gen Eds the first two years. Also, your classes are taught by the Profs instead of a tag team of grad students.

The one daughter did two years at CC (spread out over more than two), then went on to Berkeley, a school she would not have likely gotten into out of high school. CC saved us a pretty penny or five.

Depending on the state system, community college doesn't help at all. I graduated with honors with an AAS from a state community college and transferred to a state university. I was guaranteed acceptance into the university because of my AAS. I was not guaranteed admission into my major though. I also wasn't transferred as a junior. I was transferred as a second semester freshman. I had to repeat most of my business courses. I ended up leaving after 1 semester. It wasn't worth it. I had 60 credits. Made Dean's List. Graduated with honors. And I was still still only a freshman! I was going to transfer to a local private school who made me a junior and didn't make me repeat all of my business courses, but it was too expensive. Damned if you do and damned if you don't.

In CA, they are better.  If you go through the process correctly, not only are you guaranteed acceptance into certain universities in your major, you also get in as a junior with only major and UL courses to complete.  There are agreements between all of the 113 CC's, the 23 CSU's, and 9 UC's.

It must be an AA/AS, in your major, from the CC, and then you have to be "certified" that you completed everything correctly (easy to do as there are lists and the rules are printed on your forms as to what will work to fulfill which requirements).  It's just about the only thing CA does right.

The one thing you can't do - get an AAS and then have that work.  It won't. Although courses may transfer individually, as long as you take them from the approved list.

[uncapentin]

'It's the only way for my kids to get an education and be successful'

I feel so bad for the people who have fallen for this propaganda.

Yes, me too and many you try to show an alternative path, close their minds to it. What's even sadder are those who wear their " sacrifice for their kids" as a sort of badge of honor. They'll carry their debt til death but glad they did. Then there's the ones who graduate and realize they don't like their chosen career and end up doing something they could've done without a degree. Parents and or themselves paying off student loans for years.....