<p>Besides the name of the college, what other benefactors are there?
I know a high school diploma compared to a college degree has great difference (in salary & education). But how about with colleges? I know connections may be important or like pride in going to a top-tier college, but its also how you use the money.
Of course you can do internships and whatever, but still… “The average annual tuition (plus expenses) at a private nonprofit four-year college is about $35,000.” At least 4 years would be $140,000.</p>
<p>"The underlying thesis is if I get a better degree I should get a better job, but that only really works if the economy really recovers to support all of those job wannabes,” he says. “People borrow up and then if the economy isn’t strong enough [for] the repayment of it all, you have this big upsurge in borrowing.”</p>