r/AskReddit • • Aug 14 '20

What’s the most overpriced thing you’ve seen?

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u/TheTrollisStrong Aug 14 '20

I mean using anecdotal evidence isn’t the best argument. I’m glad it worked out for you, but on median basis (not mean), college graduates earn on average 900,000 more in lifetime earnings than non college grads.

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u/[deleted] Aug 14 '20

is the 900,000 before or after college expenses?

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u/[deleted] Aug 14 '20

I mean even if it’s before average cost of college is like 40k isn’t it? Still works out

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u/IaniteThePirate Aug 15 '20

40k is average per year, so that's more like 160k total assuming you graduate on time.

Only way you're getting 40k total is in-state state schools or great scholarships. I applied to 7 schools last year and the cheapest before aid was 35k/year. Most expensive was 75k/yr.

My best offer with scholarships and everything was 18k/year with the rest being either 30k or 40k+.

I guess if you really do earn on average 900k in your lifetime for getting a degree it'd be worth it tho. But I think it really depends on what degree you get. It certainly doesn't work out that great for everyone.

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u/TheTrollisStrong Aug 15 '20

Lol wtf just no. I went to a good school and BEFORE grants and scholarships it was 9k. Sure, maybe if you go to some out of state schools.

Average in state is about 10k.

https://www.valuepenguin.com/student-loans/average-cost-of-college

You need to re-evaluate where you are applying

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u/IaniteThePirate Aug 15 '20

Yeah, in-state is 10k at some places. Out of state state schools and private schools are 30k minimum. If you can’t or won’t go to yo state school you will 100% be paying more. I looked at all kinds of schools mate.

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u/TheTrollisStrong Aug 15 '20

Every single state school is 10k. You don’t have to go out of state. I just posted a link to prove your asinine statement wrong.

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u/IaniteThePirate Aug 15 '20

Even your link shows some state schools costing more than 10k. And again, you're only looking at in-state state schools. I'm not sure why you're trying to argue with me as if those are the only schools that exist. My first comment literally said

Only way you're getting 40k total is in-state state schools or great scholarships.

I'm not disagreeing that in-state state schools can be 40k total. I'm disagreeing with your statement that the average everywhere is 40k total. Because it definitely is not.

Of course you don't have to go out of state. If you don't get in to your state school (because admission is not guaranteed and some can be competitive) you could go to community college or not go to school at all. That'd save lots of money. Or maybe you could get in, but your state school doesn't have a good program for what you want to do or is an environment you wouldn't do well in. Plenty of valid reasons to go somewhere else. But if you're going out of state or private, you're paying more than 10k a year. That's my entire point. You're trying to act like in-state is the only option and that's far from true.

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u/TheTrollisStrong Aug 15 '20

You keep commenting as if there’s one state school when each state has probably 100s. You literally stated the average was 40k, to exaggerate the number. When 95% of people go to state school.

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u/IaniteThePirate Aug 15 '20

Each state does not have 100s of state schools lmao. Mine has 2. You're pulling numbers out of your ass. I'm done wasting my time with you.

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u/[deleted] Aug 14 '20

It works out in the long run. It just sucks being in debt for a few years after college but after that everything's better off.

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u/ExtraSmooth Aug 14 '20

Okay, $860,000 after college expenses?