The terms of loans so advantageous, and there are so many scholarships and financial aid opportunities which don't require repayment. The majority of students don't pay anywhere near full price at expensive private colleges. And the returns, on average, more than pay for the cost.
I went to a school which ran around $40k a year at the time, half of which the school paid for me on my behalf, purely based on financial need not scholarship. I worked hard, got a bunch of outside scholarships, and then landed a TA job my final year which paid for my final year of school. I graduated with around $40k in debt, which I've barely made a dent in two years later, but it's obviously the best money I've ever spent.
For one, I met my cofounders there, and started a company that I love working at. I also learned how to program. I went in to school never having written anything other than a calculator app for my TI 83. Maybe I could have learned everything I did on my own, but I doubt it would have been as effective or as efficient.
I went to a school which ran around $40k a year at the time, half of which the school paid for me on my behalf, purely based on financial need not scholarship. I worked hard, got a bunch of outside scholarships, and then landed a TA job my final year which paid for my final year of school. I graduated with around $40k in debt, which I've barely made a dent in two years later, but it's obviously the best money I've ever spent.
For one, I met my cofounders there, and started a company that I love working at. I also learned how to program. I went in to school never having written anything other than a calculator app for my TI 83. Maybe I could have learned everything I did on my own, but I doubt it would have been as effective or as efficient.
Your posts in this thread have been spot on.