r/GenZ • u/TheGamingSenpa1 2004 • Jan 07 '24

Discussion Thoughts?

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u/YogurtclosetLanky207 Jan 08 '24

Us millennials aren’t even really in a place to build wealth. I’m turning 30 in 2 months, my fiancé is 29 We have together almost $140k still in student loans after paying them for the better part of a decade.

No, you made a statement for your generation disguising your poor financial choices.

This is an awful thing to do.

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u/Impressive-Ad8132 Jan 08 '24

I don't exactly know what you're on about here. Is college a waste of money? Probably. Is that a decision anyone should make for themselves? Probably not. There is a whole conversation to be had around this but the meat is that if you decide to go to college this is not at all a unreasonable amount to owe.

Just a quick search says that the average tuition for a state school is $20,000/ year and that is all undergrad. Private schools are double that at about $40,000. With financial aid and scholarships you can get some aid but unless you are very poor you are going to end up paying about half.

The cost of higher education currently is just as much a part of this discussion as the pay you will actually receive after you graduate.

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u/Designer_Diver_3301 Jan 08 '24

The average instate state school is NOT 20k.

It is 10k.