Paying for College

Avatar for rollmops2009
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Registered: 02-24-2009
Paying for College
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Mon, 04-07-2014 - 3:18am

Since the subject has been debated here often enough, this article may be of interest to some:

"A lot of Internet ink has been spilled over how lazy and entitled Millennials are, but when it comes to paying for a college education, work ethic isn't the limiting factor. The economic cards are stacked such that today’s average college student, without support from financial aid and family resources, would need to complete 48 hours of minimum-wage work a week to pay for his courses—a feat that would require superhuman endurance, or maybe a time machine."

http://www.theatlantic.com/education/archive/2014/04/the-myth-of-working-your-way-through-college/359735/?google_editors_picks=true

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Avatar for savcal2011
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Registered: 10-06-2010
Mon, 04-07-2014 - 8:42am
I don't think that parents providing college funding is what makes some millennials lazy and entitled. There's a lot more to that than college funding. I also don't think college funding means a kid gets to skate through college.

"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day[9] Daily #459 P1

Avatar for savcal2011
iVillage Member
Registered: 10-06-2010
Mon, 04-07-2014 - 8:45am
I don't think that parents providing college funding is what makes some millennials lazy and entitled. There's a lot more to that than college funding. I also don't think college funding means a kid gets to skate through college.

"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day[9] Daily #459 P1

Avatar for savcal2011
iVillage Member
Registered: 10-06-2010
Mon, 04-07-2014 - 8:45am
I don't think that parents providing college funding is what makes some millennials lazy and entitled. There's a lot more to that than college funding. I also don't think college funding means a kid gets to skate through college.

"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day[9] Daily #459 P1

iVillage Member
Registered: 01-08-2009
Mon, 04-07-2014 - 9:17am
Half the time it isn't the kids who are spoiled and entitled, it is the parents. They spend everything they earn on whatever they want, then expect somebody else to pay for their kids' college. Every year I deal with parents who are shocked to find that grants and scholarships aren't going to cover the full cost of their kids' college.
iVillage Member
Registered: 05-31-2011
Mon, 04-07-2014 - 11:05am

I bookmarked this article because I am so so tired of the "back in my day, I worked hard all summer to pay my own tuition" schtick. I always want to ask, where are these jobs that can handle the cost of tuition and books? Many entry-level positions are part-time with demanding schedules that make juggling multiple jobs on top of school impossible.

This article demonstrates one reason why I am not currently attending MSU, btw. My current tuition is half that, and my scholarship saves me another $100 per credit hour. I'm hoping to get to MSU for grad school, though.

iVillage Member
Registered: 08-22-2009
Mon, 04-07-2014 - 4:44pm

savcal2011 wrote:
I don't think that parents providing college funding is what makes some millennials lazy and entitled. There's a lot more to that than college funding. I also don't think college funding means a kid gets to skate through college.

ITA

Avatar for rollmops2009
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Registered: 02-24-2009
Mon, 04-07-2014 - 5:05pm
"I bookmarked this article because I am so so tired of the "back in my day, I worked hard all summer to pay my own tuition" schtick." --------- I hear you. Dh put himself through an Ivy with a summer job. That was a LOOOOOONG time ago. :D
iVillage Member
Registered: 05-27-1998
Mon, 04-07-2014 - 5:10pm

Another huge issue is the rising cost of tuition. Colleges have no incentive to keep costs down, since the government is more than happy to lend kids whatever it takes to go, pretty much ensuring that they'll be in debt for the rest of their lives.

http://online.wsj.com/news/articles/SB10001424052702304585004579415022664472930

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Registered: 01-08-2009
Mon, 04-07-2014 - 7:10pm

ashmama wrote:
<p>Another huge issue is the rising cost of tuition. Colleges have no incentive to keep costs down, since the government is more than happy to lend kids whatever it takes to go, pretty much ensuring that they'll be in debt for the rest of their lives.</p><p><a href="http://online.wsj.com/news/articles/SB10001424052702304585004579415022664472930" rel="nofollow">http://online.wsj.com/news/articles/SB10001424052702304585004579415022664472930</a></p>
One of the issues with rising tuition is simply the transfer of the cost of the education away from the state and onto the individual.   When I first started teaching, the State Legislature appropriated approximately 60% of the cost of running the universities and colleges.  The rest came from federal and private grants plus tuition.   State appropriations now fund 20% of the cost of running our public universities and colleges.  We are called a "state" university, but really, we are a "state-assisted" university.

iVillage Member
Registered: 06-27-1998
Mon, 04-07-2014 - 7:51pm

savcal2011 wrote:
I don't think that parents providing college funding is what makes some millennials lazy and entitled. There's a lot more to that than college funding. I also don't think college funding means a kid gets to skate through college.

I agree.  

PumpkinAngel

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