How do young adults pay for their college education nowadays?

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I’m back in school studying education, but when I was in college before I worked at a discount store part time to help pay my way through college. I graduated in ’98, and the cost of getting a secondary education keeps going up and up. How do young adults pay for college these days?

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1 Comment

  1. William K says:

    Student loans (they are guaranteed) and federal aid are what students who are on their own usually use. Students who still officially live with their parents usually are paid for through parents.

    I graduated high school in 1978, promptly screwed up the middle of my second semester, and cost my Dad about eight grand for ten credit hours. I slowly but surely was putting myself through school for ages, but realized that after nearly 200 credit hours and eight different majors that I still wasn’t near graduating. In 2002, I chose a major, got student loans, and finally graduated with my BS in 2004. Since I was in that "school groove" I got more loans and went to grad school. I got my MBA in 2006, just to show that I could. I have about $65000 in loans, payable over ten years, but at a 3% interest rate. I’m not crying a whole lot over it.

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