If he wins it, it would be $12,500 a year, still leaving a hefty balance, but it would take enough of the sting out of paying tuition that there will be just cause to celebrate indeed.
Good luck, Kly!
I can't imagine putting a kid (or even myself) through school at this point. When I went to Rutgers in the '80s it was like $2500/year (in-state), if not even less. It's over $13k now (double that for out-of-state residents), not including room, board, books, etc. Ugh!
And many come out of college without a job after 4 plus years! Already in debt with student loans and a need to start life somewhere.
So you leave your parents home,(where you are happy to having everything that your parents have but together in their lifetime) go to school and then want to start somewhere but you have little or nothiing to your name. Home never looked so good, but we all wanted to be independent.
Good points. It seems each succeeding generation of college grads finds itself deeper in debt with a more unstable job market. My older son is in his second year, fortunately doing well in business and finace, and he's hoping to get an MBA after he graduates. I can only imagine the cost. He's doing very well fortunately, and he selected his school wisely, based on the business program and placement success. His field of study is much different than mine, and I can only think what a benefit my late brother would have been for him as he got his MBA at Columbia in the mid 80s.
