Student loans story
With the increasing cost of college and university education, the amount for student loans will sky rocket next year. The California University system wants to raise tuition $15,000 a year. From what I see, I can't understand why it costs so much money to go to school. If A professor makes $200,000 a year and teaches 200 students each semester (400 total a year), it would cost each student 500 per class. 4 classes a semester, or eight a year, and it should cost $4000 a year for teachers only. Double that amount to cover building costs, staff, and maintenance, and it should only cost a student $8000 a year. I am going to a public college right now. There are students here who cam from a large University, and they already owe over $100,000 in loans, and they still aren't finished with school. They have to go back to finish their degree. Something is wrong. I think the student loan thing is just another bubble except the loans never go away. It is a bad way (not optimal) to put money back into the economy.
With the increasing cost of college and university education, the amount for student loans will sky rocket next year. The California University system wants to raise tuition $15,000 a year. From what I see, I can't understand why it costs so much money to go to school. If A professor makes $200,000 a year and teaches 200 students each semester (400 total a year), it would cost each student 500 per class. 4 classes a semester, or eight a year, and it should cost $4000 a year for teachers only. Double that amount to cover building costs, staff, and maintenance, and it should only cost a student $8000 a year. I am going to a public college right now. There are students here who cam from a large University, and they already owe over $100,000 in loans, and they still aren't finished with school. They have to go back to finish their degree. Something is wrong. I think the student loan thing is just another bubble except the loans never go away. It is a bad way (not optimal) to put money back into the economy.
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