Further Education

We were talking with neighbors about their son who is a Junior at Purdue. The conversation went to the costs now versus when our daughter attending the University of Illinois and the combination of student debt and parent debt.

I was reminded of Marney's school decision. She was interested in genetics and would begin with a degree in biochemistry. Her choice between Purdue and U of I came down to $. Out-of-state tuition and expenses would have been $17,000 per year in 1997.

Our neighbors said Purdue is now $17,000 per year for in-state. That would be $68,000 for 4 years. If we're honest, that's far more than the average graduate will make a year.

My nephew attended a trade school in the south for 15 months. He's not making tons of $ but he's supporting himself at age 20 using the skills and experiences received hands-on at that school.

Career and education choices are big ones. Going into debt is just as big.

'til later