Wow.. I hear that it costs $40-50K per annum to go to my alma mater now.

[Mayberry Machiavelli]

A colleague sends his daughter to a similar school, and I heard that was the cost, and did some checking and apparently it's true.

To go to an expensive medical school like Georgetown or George Washington cost in the mid to upper $20K's when I was a student, now it costs more than many people make per year just to go to college?

It really is a country for the super rich I guess.

[benburch]

1. Which is why I feel we need to make the first four years of college...

part of a free public education.

[GreenPartyVoter]

2. Amen! Think of what we could do with the economy if we didn't

saddle our young people with 10 or 20 year's worth of loans. (Been 13 years here and we're still paying 'em off.)

[Horse with no Name]

3. It took me almost 10

and I STILL have the letter they sent me saying I was done,lol.

[GreenPartyVoter]

4. You should frame it and hang it alongside the degree. *lol*

[ugarte]

5. They obviously don't want doctors to serve the poor

It's impossible with the amount of debt a med student acquires.

[Mayberry Machiavelli]

6. Yeah but this is just for undergrad, bachelor's. My parents paid for the

huge majority of mine and my sister's tuition (she went to an equally expensive school), and I think the total cost was about 12K per annum then for each of us, I wound up owing about 10K total in GSL (?Guaranteed, or Government Student Loans) which I was able to defer for many years and then paid off all at once.

My parents are comfortable middle class people but not wealthy by any stretch of the imagination. They sacrificed a lot to pay for these schools for us, but at the current rates, there's no way they could have afforded it even if they wanted to.

At least for medical school I think banks will still grant usurious loans because they anticipate you'll be able to make at least six figures as a doc in most specialties.

I somehow doubt banks would grant hundreds of thousands worth of loans for college when there's no guarantee what the student will be making, and when, if ever, they might get a decent income.

[Horse with no Name]

7. There are grants and foundations out there who will pay for

med students who wish to practice in underserved and rural areas.
You will also find (at least in the past) many docs who used the military to finance their education. Of course that was in the days before perpetual wars...

[dweller]

8. Life, in these times, is cheap

living, on the other hand, is reserved for the wealthy upper class.

dp