I always wondered if I did the right thing by accepting my parents offer to pay for college if I stayed at the home school. (I started at a community college, and transfered to a local university.) Then, I looked at the fact that I was a commuter and never "had the college experience." Now, I am grateful for the complete lack of debt I have today.
Yea, but they have the debt. It's still in the family. Heck it's still in the community, and the city. The biggest problem I'm having now is dealing with people who are making money but can't afford to pay all their bills. It's usually because they have some debt left over from when they were making more money, or when projections looked a lot better then they are now.
It's fortunate you aren't immediately bound by the debt of school, take advantage of it. But the debt does still exist.
The debt doesn't exist -- my parents paid up front from savings bonds they had been buying for a decade precisely for my education. Between 97 and 2001, my education costed approximately 2000 dollars for the community college portion, and 10,000 for the university portion. I lived at home and worked to pay the additional expenses.
You're overlooking the fact that he started at a CC and finished at a state school.
The debt doesn't exist if there is no debt.
If, for example, the CC got the first 2 years of core credits out of the way cheap & the state school had good incentives for locals, & the parents had a small college fund.
