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Higher Ed, Higher Costs - Pt. 1

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Uploaded by on Dec 10, 2008

This two-part series examines how the nation's public universities and its students are faring amid the economic downturn rising costs of higher ed.

Part I: Paying for College, Drowning in Debt
We meet 3 students who tell us how they are paying for college and planning for their (indebted) futures. We also hear from a recent graduate who's struggling to make the minimum monthly payments on her $67,000 loan.

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  • You can get what you want in life without being in debt. the best asset a living being has is the mind not a piece of paper from a school.

  • Well folks education use to be a way out of the underclass. Now they use loans and dept to keep you under control.  Armed revolution folks, think its time for a blood bath.

  • That's mean.

  • re: rockynurse. Actually $45,000 a year is not an unreasonable bill for keeping somebody in prison. That's about the average cost of keeping an elderly person in a nursing home--and most nursing home workers make a lot less than prison guards.

  • Pfff why do we need education when we can have incarceration? It costs over 45k a year to keep someone incarcerated!

  • 65k in loans for a bachelors degree in philosophy? HAHAHAHA WAT A MORON!

  • We so need to just legalize marijuana! AB390! WOOT!

  • My city and university is building a arena that will cost over a quarter billion in public funding for Nike. I wish PBS would cover that someday.

  • really? wow i didnt know how good i had it...

  • Tuitions are going to explode in California. The state is facing a $48 billion deficit on its budget over the next 18 months. Now nobody wants to buy Calif. state bonds because the state is going broke.  Investors are buying credit default swaps to bet that the state will default on its bonds.

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