As inflation bites, parents are borrowing more than ever to pay for college

3

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

froggyweatherOP

Tale as old as time: higher education is for the more well off.

2

throwschen

We need to keep fighting to keep this from being true

2

froggyweatherOP

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

There needs to be limits on what the total amount should be and how much should be covered by loans

3

kaiserseahorse

Sounds like college is just getting more and more unaffordable for the average person

1

froggyweatherOP

Has it ever really been in the last 20 years?

2

kaiserseahorse

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.

2

froggyweatherOP

Definitely anecdotal. I know tons of people that are just choosing not to pay cause they can't afford it.

2

bambam

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...

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As inflation bites, parents are borrowing more than ever to pay for college

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