<p>Sorry to ask for help on this but last week on CC someone posted a link to 3 Boston Globe articles. One article said to that "over the past 20 years tuition has gone up 375% while first year starting salaries has only increased 175%..."
I've tried searching Boston Globe & google with little success. Many thanks!</p>
<p>The Boston Globe Magazine recently released a college issue. I haven't read the financial aid article yet but I believe this is what you're talking about.</p>
<p>The</a> Boston Globe Magazine -- October 5, 2008 - Boston.com</p>
<p>Yes, that's the link to the Globe Magazine, which had several good college articles, including one about college tuition. The tuition article is called "Up, Up and Away":
Up</a>, Up, and Away! - The Boston Globe</p>
<p>It's NOT about financial aid though, just about the skyrocketing cost of attending college.</p>
<p>Excerpt:</p>
<br>
<blockquote> <blockquote> <p>"That's all they seem to do" - tell parents how to pay, says Sidney's mother, Hollis Wise. In the meantime, Harvard has hit $53,466, Amherst $51,318, Tufts $50,512, and Brandeis $50,298, while Mount Holyoke, Babson, MIT, Smith, Wellesley, and Williams are all at or near the $50,000 mark. The numbers are incomprehensible, and yet nobody is hearing any university explain why it costs so much, and what, if anything, is being done to control tuition. "I've never seen a hint of that," Hollis says. "I guess if they lowered the price, people wouldn't think they were as good."<<<</p> </blockquote> </blockquote>
<br>
<p>One segment from that Globe college issuue is called FORGET ABOUT COST (FOR A MINUTE, ANYWAY) and includes the following little nugget of bad advice that made me cringe. IMO this student is in a little denial about that "scary" debt, and the Globe a little amiss in even printing this!</p>
<p>----After getting accepted to BU, but with a disappointing financial-aid package, Justin Breton sold his story on eBay (called "Make a Boston University Student's Dream Come True"). He raised enough to cover three semesters' worth of books. "My uncle made a spreadsheet to show me how much debt I'd be in after graduating," says Breton, now a junior. "But had I gone somewhere else, there is no way I'd be this involved. It's a huge chunk of money that I'll owe, and it's very scary. But it's been worth every penny, because I haven't had an unhappy day here."----</p>
<p>Oops.</p>
<p>What is it about Boston Univ?!! There was another thread on CC about the $120K debt accrued by another BU student, who just couldn't get the same experience elsewhere (he said) and is now living with the debt.</p>
<p>Is the college experience there just this side of heaven?</p>
<p>I don't think so! A high price to pay. Easy to say "...it's been worth every penny," when he hasn't had to pay it back yet. If he got little financial aid, I don't even want to think about how much he now owes. What are these kids thinking of, and what were their parents thinking? Someone had to cosign for those loans, right? It terrified me to hear that other story where the kid was going to be paying off his loans until he was something like 50 years old.</p>
<p>Thank you very much. I am book marking this & saving it for S when it comes time to chosing his school.</p>
<p>A lot of people told themselves that it was "worth it" to take on big mortgages they couldn't afford for houses too. Look where that got us all. :)</p>
<p>If you really like the articles I suggest you copy them into a Word document and save them. The Globe doesn't leave stuff easily accessible online for ever, and I think there might be a charge to use the Globe archives (either that or you have to register or something).</p>
<p>So right about saying something is worth every penny when it isn't being shoved up your backside at that rate which is what paying such loans feels like! They'll learn. We finished paying our student loans just about the time we had to start paying for child care and the nursery schools. We've been paying for schools for over 30 years now and it is ever so painful even though we still maintain that it one of our priorities. I don't think I would recommend it to my kids.</p>