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State Universities are a Scam
$1,000,000
$118,000 < $1,000,000
True cost
$27,000 Average annual cost
5.15% College tuition inflation
…not really
Cost with year 5 & 6 = $186,000
6% interest rate within 10 years = $62,000
Total cost: $248,000
Have fun paying those interests...
Lost Income
$35,000 x 6 = $212,000
$186,000 Tuition over six years
$62,000 Interest over ten years
$212,000 Lost income over six years
$461,000 < $1,000,000
Over a lifetime
Nowhere
Subsidize - to secure the cooperation of by bribery; buy over.
Health Care Reform
Guaranteed loans to students without ensuring a way for them to pay them back
I.O.U.
Rocks
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