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As inflation bites, parents are borrowing more than ever to pay for college
marketwatch.com
submitted
a mo ago
by
froggyweather
to
personalfinance
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10 Comments
3
throwschen
a mo ago
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Really thankful to my parents for being able to pay for half my tuition. Still had a lot of loans, but was much better than not. Can't fathom asking them to take loans for me.
2
froggyweather
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a mo ago
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Tale as old as time: higher education is for the more well off.
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throwschen
a mo ago
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We need to keep fighting to keep this from being true
2
froggyweather
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a mo ago
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I'm just at the point that I don't know what we do. We tried giving everyone loans to even it out and it led here.
2
throwschen
a mo ago
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There needs to be limits on what the total amount should be and how much should be covered by loans
3
kaiserseahorse
a mo ago
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Sounds like college is just getting more and more unaffordable for the average person
1
froggyweather
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a mo ago
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Has it ever really been in the last 20 years?
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kaiserseahorse
a mo ago
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It was when I went about a decade ago. My loans aren't awful but I guess we're smack dab in the crisis for them so that probably wasn't everyone.
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froggyweather
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a mo ago
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Definitely anecdotal. I know tons of people that are just choosing not to pay cause they can't afford it.
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bambam
a mo ago
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I hate knowing the fact that boomers in the 70s were able to pay for a year of college with a job over the summer...