Is that including the interest parents are paying?
this post was submitted on 09 Sep 2024
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I paid more for textbooks than my dad paid for tuition and textbooks
I paid more in lab fees than tuition and textbooks
I would simply work a part time job that pays three times as much as what my parents' made when they were in college. And then I'd live in housing that's one third the price. And then I'd graduate into a profession that pays three times as much so I can pay down the debt faster.
Seems simple enough.
Not a bad plan, but it's way easier to be born into an emerald mining fortune.
Most debauched party-thrower at Stanford University.
Don't forget investing in a house that's 3-5x (if your lucky) more than that same house was worth when your parents bought their first home.
My grandparents died a couple years back, and the city said their in town land was worth almost a hundred thousand dollars. The house itself would have to be torn down, which makes me think it could only be negatively affecting the value of the land.
There's a sinkhole forming in the back yard from a pool that someone filled with sand ~70 years ago. Idk if that appraisal was just uninformed or if the housing market has really gotten that bad
$100k is cheap for a lot these days.
So you're saying it's not a lot for a lot?
Don't know if this applies here, but some old houses are built out of old growth lumber that's hard to buy at any price. There's an small industry of people who buy up these old houses saying "we'll just have to tear it down", but the scrap value is actually quite a bit.
People will pay a lot for just the land, even if there's shit on it that needs to get removed.
https://www.realtor.ca/real-estate/27326600/8-dalkeith-avenue-hamilton
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Every textbook today comes with a goddamn one-use code, and they're made in such a way that they're useless without it.
It's theft and extortion. But what are we going to do about it?
Yeah, thought so.
Pirate last year’s edition. Works unless you have one of those DB professors that checks what edition you have.
I pirated old editions of most textbooks but I had a few professors that required a textbook that came with a code that you'd need to register for online quizzes. Answering these online quizzes was 30% of your grade in the course, so not buying the textbook was essentially taking a -30% penalty to your grade. If that wasn't bad enough, one of the textbooks like that was solely written by the professor teaching the course. It was around 100 pages of basic facts and then a code for online quizzes and sold for $200. This guy taught a class of 400 first year students. What a racket.
Pirating the book won't help if you need proof of purchase to turn in your homework via a single-use authorization code.
Another laziness by the professors is using book questions instead of just writing their own.
When I taught I told my students that the book was a resource for studying the material from a different perspective than the one I gave in lectures. Not actually required for the course even though I didn't have control over it being listed as required on the course listing. And I told them if they wanted to get it, they should find the cheapest copy they could. I've heard you can sometimes find very cheap electronic copies (wink wink).
It is funny to see the questions you write end up on Chegg though.
During my first two semesters i've genuinely had to buy 300$+ bundles of books, literally only because the online single-use code was conveniently placed under the wrapper, with no other way to obtain one
I had a huge scholarship of about 70% that I was incredibly proud of. I STILL came out with debt about 670% more than my father without any assistance at all. And that's adjusted for inflation too! I'm ancient now so the price I paid is way cheaper than the poor bastards now. It's insanity.
It's capitalism in the education sector.
Exactly what the GOP wants to do to grade school.
They should eat 300% more billionaires.
Agreed, though GenX and Boomers aren't eating any billionaires either. Which they should.
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It was all the Starbucks and avocado toast they bought at the Student Union.
—boomers.
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Student debt, lol. laughs in European free education
I'm gonna pay 85€ per semester while studying. And that goes to the student organization and not the university.
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A considerable majority of gen-x people I know have higher no education, just because throwing themselves into the workforce was easier for them. If they do have any, it was practically free too. So realistically, no surprise there
Supposedly 29% of GenX have college degrees, and 39% OF millenials do.
Practically free is pretty relative. There were plenty of people in the 90s and 2000s crazily paying 30, 40, 50k a year. Or more. But not nearly as many.
How does one even eat that much avocado toast ? Its not humanly possible.
*in this US (with pay-walled references)
Only 300% more? Things are looking up!
Pretty surprised that it's 300% since the cost of tuition has gone up at least 600% just since I was in school, and I'm not a boomer.
When everything is a commodity. Sometimes, things are just good to do. Our priorities are fucked
Makes sense. Most of the millennial grads I know, are bartending or waiting tables. I know I did till I learned to code.
I learned code and I clean toilets and empty garbage cans.
~$120,000 for a BS in Game Programming
To be fair, many of my colleagues got jobs. I just suck I guess.
Yay!! For the economy and investors!!!
Right!!?
Right?
Oof. Even investors (who aren't billionaires) are getting shafted by the current deal.
Stock performance has been utter shit, because the SEC (and equivalents) aren't blocking illegal company mergers and acquisitions.
Hopefully their parents have paid down or paid off their student debt.
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