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0 pointscatalogia6y ago0 comments

$200k for an undergrad degree is very far outside the norm. Don't get me wrong, the norm is still pretty shit. But it's about an order of magnitude less shit than that.

> As of June 2018, Forbes reported that total US student debt was $1.52 trillion and that 44.2 million people owed debt.[3] The average student debt is $38,390. The median student debt is between $10,000 and $25,000, while 2% of borrowers owe $100,000 or more.

https://en.wikipedia.org/wiki/Student_debt

$200k is closer to the kind of debt you'd expect from a medical school graduate.

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tengbretson6y ago· 1 in thread

> $200k for an undergrad degree is very far outside the norm. Don't get me wrong, the norm is still pretty shit. But it's about an order of magnitude less shit than that

That may be, but when the 6 year graduation rate is only 60% thats a lot of people paying "still pretty shit" in exchange for actually nothing.

catalogiaOP6y ago

I agree. That's why I said it's still pretty shit. I don't think hyperbole helps the situation though. Exaggerating the statistics isn't the right way to seek change.

secabeen6y ago

Also, only 25% of students attend private schools, 75% attend a state school (2 or 4 year): https://nces.ed.gov/programs/digest/d18/tables/dt18_105.30.a...

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