Don't you believe it! Of course state universities will be cheaper than private ones, but the rise in tuition rates across the country is ludicrous. And totally unneccessary.
It's been covered in a thread somewhere else in the forum, but the dirty little secret is that the vast majority of the universities are sitting on so much cash in their investment funds that they could provide ALL their students with free tuition for generations. We're talking billions. And they would still have enough left over to pay for all the salaries and athletics, etc. and STILL show a yearly profit.
Putting that aside, 5k seems like chump change now, but putting things in perspective a little, my first job paid me minimum wage. One dollar and ten cents an hour. I left that job to move into the big time making a buck and a quarter.
On the other hand, gas was 33 cents a gallon, cheeseburgs at McD's were 29 cents, and I could take a chickster out to dinner and a movie for 5 bucks.
So 5k was actually a bit of money back then. My family was considered "upper middle class", my Dad made around 27 grand a year. Couldn't get student aid 'cuz Dad made too much money! I chose MSU mostly because they offered me a 50% academic scholarship. By working during my summers and breaks I was able to afford it. LOL
NOW do you believe me when I say you're a young buck?
