Author Topic: So how cheap did you do your college education?  (Read 7267 times)

swampwiz

  • Bristles
  • ***
  • Posts: 451
So how cheap did you do your college education?
« on: April 12, 2018, 08:32:49 AM »
I was reading how community colleges are becoming very popular because of their low cost.

https://www.nytimes.com/2018/04/05/education/learning/community-colleges-middle-class-families.html

As for myself, I went to my state's flagship university (collocating to the campus) with tuition that ranged from about $500-800 per semester (mid '80s), with an initial scholarship that just about covered the tuition (I picked up a few more scholarships along the way; going a few semesters with a 4.0 in Mechanical Engineering will accomplish that).  My high school guidance counselor kept trying to tell me that I should go to (pick any overpriced private university that is "selective"), but I told him I wanted to to college for free.

I suppose that this thread could serve for Moustachian's children as well.
« Last Edit: April 12, 2018, 08:43:15 AM by swampwiz »

TVRodriguez

  • Pencil Stache
  • ****
  • Posts: 773
Re: So how cheap did you do your college education?
« Reply #1 on: April 12, 2018, 08:42:10 AM »
I also went to my state's flagship university, on several scholarships.  My first year, I was actually paid to go to school (all tuition, fees, and room and board were covered, plus a stipend).  The other years, it cost probably $500/year total.  My parents paid what scholarships and grants did not cover, which was very nice of them.  I got to keep whatever pocket money I earned and used it for my phone bill and buying CDs.  I could have gone to an Ivy (got accepted), but it would have cost a lot, as the only grant that would apply covered about 10% of the total cost.  I borrowed for law school (at the same public university), so i was glad to have only those loans to pay back once I started my professional life.  Ten years out of college, I was working next to several attorneys (at the same firm for the same pay) who had multiple Ivy League degrees.  So I don't think that my choice diminished my options.

lindy_zag

  • Stubble
  • **
  • Posts: 170
  • Age: 33
  • Location: Minneapolis
Re: So how cheap did you do your college education?
« Reply #2 on: April 12, 2018, 08:47:37 AM »
I went to a private four-year liberal arts school (graduated 2013). My parents paid a little under $20k total for the four years ($7k freshman and sophomore and then about $2500 junior and senior). I got a lot of scholarships, including a big one from the state that's not available anymore, that brought the tuition down to a reasonable level.

My scholarships and parental contribution covered tuition and on-campus room and board my first two years (the school required living on campus for two years) - I had savings from high school jobs that paid for the rare times I wanted to go do something that cost money or buy extra groceries.

Junior and senior year I was working two part-time jobs, both in my field, and earning probably $700/month. That money covered my rent and bills and food and fun stuff (in a four-bedroom house I shared with six other people). Graduated without any debt and a net worth of approximately $300.

TornWonder

  • 5 O'Clock Shadow
  • *
  • Posts: 58
  • Age: 40
  • Location: Pittsburgh, PA
Re: So how cheap did you do your college education?
« Reply #3 on: April 12, 2018, 08:51:16 AM »
Active duty military for 1 enlistment, used the GI Bill to go through state college and lived at home (thank you mom and dad).   Housing allowance meant I was cash positive.  Also took out some student loans that I invested.  Interest free while I was enrolled, paid them back in a lump sum about six months after graduating.

katsiki

  • Handlebar Stache
  • *****
  • Posts: 2015
  • Age: 43
  • Location: La.
Re: So how cheap did you do your college education?
« Reply #4 on: April 12, 2018, 09:14:26 AM »
I am interested in people's experiences.  No children yet but I hope to have future children take CLEP exams and other options to minimize costs and time.  (A lot of time is "wasted" on general education requirements that a smart kid could test out of).

Laserjet3051

  • Pencil Stache
  • ****
  • Posts: 904
  • Age: 95
  • Location: Upper Peninsula (MI)
Re: So how cheap did you do your college education?
« Reply #5 on: April 12, 2018, 09:39:55 AM »
I got a great education at a flagship state University leading to a B.S where tuition was roughly $750 per semester. I lived off campus with roomates in the student ghetto where my share of monthly rent was $200 tops. I financed these costs with a College Work Study job on campus. I did take out 1  $1100 loan for my four year degree that I quickly paid back after graduation. This was in the early/mid 1980s. My good fortune was not due to any strategic decision making or mustachianism, it was just pure dumb luck. But I am grateful for it.

Bracken_Joy

  • Walrus Stache
  • *******
  • Posts: 8927
  • Location: Oregon
Re: So how cheap did you do your college education?
« Reply #6 on: April 12, 2018, 09:46:35 AM »
I went to an in-state public university, on a full scholarship. If I hadn't had a scholarship, it would have been ~$6000/year. Unfortunately, graduating in [redacted year, during the recession] with a degree that would lend itself primarily to research science did not work out well. I ended up going back a few years later for my BSN (bachelor's in nursing), at a private university, and it set me back a solid ~$35k/year even with a couple scholarships. Luckily since I had the pre-existing degree, I only needed 2 years there. 3 years out, and I've paid off my higher interest student loans, and I'm letting the ~$19k in sub-4.5% interest rate loans ride.

Relevant, though, to people who went to college 15+ years ago:

netskyblue

  • Pencil Stache
  • ****
  • Posts: 637
  • Location: Midwest USA
Re: So how cheap did you do your college education?
« Reply #7 on: April 12, 2018, 09:58:23 AM »
I split the cost 50/50 with my parents.  I got several scholarships, I had done several gen ed courses in high school (my high school paid for students to take college classes), and I did one class at a community college in the semester between high school/college.

I took 21 credits per semester, summer and winter classes to the max they would allow, and worked 20 hours a week to cover my rent, personal expenses, and the majority of my food costs.  (Sometimes I just got really hungry and ended up eating on the meal plan, which my loans financed - but I worked in the dorm cafeteria and we got half price meals the shifts we worked, so I would request breakfast shifts, because that was the cheapest meal, and I could eat an all-you-can-eat breakfast for half price and not starve all day).

My university mandated that freshmen live on-campus (and thus pay dorm fees), so I had one year of that, and rented an apartment after that.

I graduated from a state university with a 4 year degree in 2 years and a little over $8,000 in student loans (my parents paid the same amount, so my total cost was double that), which I paid back in full in my 20s.  I graduated in 2004.
« Last Edit: April 12, 2018, 10:03:19 AM by netskyblue »

expatartist

  • Handlebar Stache
  • *****
  • Posts: 2270
  • Location: Hong Kong/Paris
Re: So how cheap did you do your college education?
« Reply #8 on: April 12, 2018, 10:11:16 AM »
Thanks for posting the graph, BrackenJoy, gives some perspective.

I had a somewhat long and torturous road to a BFA in painting.

* Went to my dad's private university 1.5 years for general classes, had reduced tuition and lived in dorms for a year. They cosigned govt loans and I used up my savings. Racked up a few K in debt.

* When I decided to study art the parents kicked me out of the house. I worked and saved to be able to afford part time community college tuition for a couple years - due to my parents' incomes, I wasn't eligible for govt loans until age 21. Naturally there was no way they'd co-sign anything for an art degree, and I wouldn't consider getting bank loans, knowing statistically my income was unlikely to be high - ever

* Finished with a couple years at the flagship state uni, their art program was decent and more varied and a fraction of the price of art schools. Tuition was only several $k/semester. I worked 30hrs/week and went to school 3/4 time so was able to cover all tuition and some school books & art supplies with loans while work $ went for living and travel/internship expenses. Paid off my parents' loans asap with loans under my name, and did a DIY independent study abroad painting course in France by mailing paintings & drawings to a couple professors and having my trip covered with student loans. Cost was about $5k, would've been 3x as much if I'd done the school's version.

Total debt on year 2000 graduation: ~20k, I felt it was a good value. For many years the interest rate hovered below inflation so I was happy to pay the minimum. Once it jumped up I'd found MMM and paid them off completely.

TheWifeHalf

  • Pencil Stache
  • ****
  • Posts: 506
Re: So how cheap did you do your college education?
« Reply #9 on: April 12, 2018, 10:14:11 AM »
Speaking as a Mom of kids that got educated at what I consider a low cost:

1. Son. He played golf in hs, and when a junior, took advantage of a program Ohio had where he could go to a 5 county vocational school ,was in their Computer IT program, went to a community college that was across the street. The classes at the cc were paid for (by Ohio?). It was all done so he could still be on the hs golf team.
He graduated from hs with 35 college credits, besides the IT classes from the vocational school.

After hs graduation, he attended another cc about the same distance from our house in the opposite direction. Those 2 years were free because his hs average was over 3.5. Our plan, as parents, were that he would continue college after that, but he decided he had enough. He had 3 cc computer degrees. Plus, he played golf on their team (and made the only hole in one in a tournament in the team’s history. He knew he probably would not be chosen to play if on the team of a larger school, and what he wanted to do was PLAY, so cc it was)

His experience of teaching there, using what he learned there, plus the golf experience, his father and I feel would not have been matched anywhere else.
It enabled him to live here, saving money.
We bought a Ford Ranger for him to drive in hs, and then the other 2 kids used it too – one of the smartest purchases we have made.
He now works in networking for a hospital and is the hospital representative when a vendor invites them to a golf outing.

So, #1 Son playing taxes

2. Daughter. Very very intelligent, skipped the 8th grade, was out of HS for a bit because of scoliosis sugery, but still graduated with the older class. She said she didn’t know exactly what she wanted to do so she went to the cc her brother did, because it was free (hs average higher than 3.5) – and used the Ranger.
After those 2 years, she decided to get her RN. It was paid for by the Ohio program we got in when the kids were babies. It allowed us to buy college credits at ’85,’87, and ’88 prices, that they could use at any Ohio college, as credits whatever they were priced at. Son #1 didn’t need his, son #3 didn’t need his, and Ohio allowed us to transfer the credits to any child, so her nursing school was paid for.

She got hired as an RN at a local hospital, they paid for her to get her BS in nursing. They will also pay for her pharmacy degree which she’ll start whenever she makes the deadline to sign up.

So, #2 Daughter paying taxes

3. Son  Early in his senior year of hs, said he wanted to join the Navy. I grew up in the ‘70s and have those memories, but kept my mouth shut. They had a program that once a month he would go down to the Navy office, and learn Navy stuff, letting him out if he so desired. He did not, and unlike a lot of people, came out of military service with an education (nuclear propulsion, ET), that he is using today.

He got employed, and knew enough to get reimbursed for his GI bill

So, # 3 Son paying taxes

The biggest cost of their education was the Ford Ranger we bought, and the insurance on it. I don’t remember the amount exactly, but I think we had $8000 in college credits, of which we got about $1500 back. They all lived here for a bit, but I don’t really count that as an expense.

All 3 kids lived here, but our house is set up in a way that they could come and go privately (though many times they didn’t). They each eventually bought new vehicles, and we let our daughter use the $5000 Ranger trade in for hers

Our goal, as parents, was that each would grow up and be educated enough to pay taxes. DONE
We did not feel it our responsibility to enable them to be rich, that’s on them.
However, they are 30,31, 33 and earn $70,000 - $90,000 and within the last 4 years have purchased homes.

mm1970

  • Senior Mustachian
  • ********
  • Posts: 10944
Re: So how cheap did you do your college education?
« Reply #10 on: April 12, 2018, 10:19:53 AM »
Late 80s/ early 90s.
First kid in family (#8 out of 9) to go to college.
Had to stay in state because
- in state grants, scholarships
- too poor to actually buy a plane ticket

Wanted to be an engineer, and was top of my class so, 2 choices:
- CMU
- Penn state

Got into both, chose CMU because it was the best engineering school in the state.
But, poor.

Year 1: loans $5k total out of an ~$18k cost.  Joined ROTC as a freshman.  Had work study job too.  Was awarded a 3-year ROTC scholarship for next 3 years.  That covered tuition, books, fees, and gave me $100/month stipend.
Years 2-4: still with part time job all but 3 semesters, worked summers, only had to borrow $2k per year after that.  In addition to ROTC, had a few smaller scholarships from my home town.

Total debt: $11k in early 90s.

My compatriots from college have kids that are getting ready to go.  Mine are younger.  They mention that they could never afford to send their kids there! Some facts:
1.  In the late 1980s, typical household income was $30-35k, and 1 year at CMU was about $18k.  So, household income 1.5 to 2x the cost of a year at school. 
2.  Now, typical household income is $57k, and 1 year all-in is $72k.  So income is 80% of the cost of 1 year.  Big difference.
3.  News flash though YOUR PARENTS COULDN'T AFFORD TO SEND YOU EITHER...HELLO, WE WERE ALL IN ROTC.

I'm working on my kids, but it's hard.  Our "crowd" for the most part is GO TO THE BEST SCHOOL YOU CAN, with a little bit of "BUT PAY FOR IT YOURSELF BECAUSE I PAID MY OWN WAY".  Which is a little weird because those of us who paid our own ways were mostly poor, and got financial aid.  Our kids aren't going to get need-based aid.

But I digress.  Kids are too young to worry about it.  Cross that bridge when we come to it.  I'd prefer Cal Poly, or Berkeley, or UCLA.  Heck, I'd be fine with the local UC and living at home.  Hubby doesn't like that idea (we both went away to college).
« Last Edit: April 12, 2018, 10:23:59 AM by mm1970 »

dude

  • Handlebar Stache
  • *****
  • Posts: 2369
Re: So how cheap did you do your college education?
« Reply #11 on: April 12, 2018, 10:23:04 AM »
$2500/semester at state school when I started freshman year. Paid out of pocket for that year. Earned a merit scholarship into the Honors Program for the next three years. Graduated with zero student loan debt.

Law school, on the other hand . . . $80k in student loan debt (in 1997).

acroy

  • Handlebar Stache
  • *****
  • Posts: 1697
  • Age: 46
  • Location: Dallas TX
    • SWAMI
Re: So how cheap did you do your college education?
« Reply #12 on: April 12, 2018, 10:25:57 AM »
college fees have gone NUTS, something is going to break eventually.

I got 70% ride to Baylor but declined to go to TX A&M. Better engineering program, and full price @ A&M was same as 30% of Baylor! 1997-2001

2 years at junior college to get all the common stuff out of the way.
I paid 100% myself. Parents prepped us by teaching us about the value of money at a young age, and having us save 50% of every dollar we earned. They also paid generously for report cards all through grade school, and 50% of that went to the college fund, so in reality my parents helped significantly. I had around 25k in the college fund @ age 18 iirc.

Did a few $$-saving hacks while in school
-didn't buy the textbook unless I had to. A surprising number of classes I could get by without it
-bought the older textbook, used (this was a new thing at the time) and made it work
-ate on a meal plan 1/day... $5/day iirc
-no AC dorm, under $500/semester at the time

Got a couple decent scholarships the last couple years; around $6k/yr iirc.
Got out of school with positive NW! not a lot but some.

I am sure there are now new and better hacks!!

Imma

  • Magnum Stache
  • ******
  • Posts: 3193
  • Location: Europe
Re: So how cheap did you do your college education?
« Reply #13 on: April 12, 2018, 10:35:27 AM »
I'm not American, so it's hard to compare, but I think I spent around €12500 on tuition/books for a Bachelor's degree in law. I started my bachelor's in 2008. I'm planning to start Master's degree in September and that will set me back around €5000. For several reasons I did half of my degree parttime instead of fulltime, and parttime education is a lot more expensive (per credit) than fulltime education. I had about €5000 in savings when I graduated from high school and took out about €3000 in loans.

I was living on my own and I'm not including rent/insurance/groceries/etc. I have no idea how much I spent on that, but I worked a fulltime / nearly fulltime job in the field I now work in and never had more than €5k-€10k in the bank. When I was still in fulltime education, I also received a €250/month grant from the government (but this has now been abolished) Fullltime students also get free public transport.

ducky19

  • Pencil Stache
  • ****
  • Posts: 765
Re: So how cheap did you do your college education?
« Reply #14 on: April 12, 2018, 10:44:13 AM »
I was lucky - my employer offers 90% tuition reimbursement for undergraduate degrees. I went to the community college for my first two years and finished up at Franklin University online for a bachelors in Business Administration. All in, I am at less than $5000.

kanga1622

  • Bristles
  • ***
  • Posts: 421
Re: So how cheap did you do your college education?
« Reply #15 on: April 12, 2018, 10:54:28 AM »
My high school had a deal with the local community college that I could enroll through the college and count those courses toward high school requirements. Between classes my senior year and CLEP for my foreign language, I graduated high school with 36 college credits. The high school paid all the tuition for those community college courses but my parents did have to pay for the books.

I choose to continue my education at an out of state college but the flagship public university for that state. The tuition was very similar to what I would have paid in-state in my home state. I had several scholarship and continued to work while in school to pay living expenses. I graduated college in 2000 (just 2.5 years after leaving high school) with my BS and about $7,000 in debt. I paid off my loans about 2 years later before DH graduated and added his $8,000 in loans to our plate.

Overall, we got by VERY cheaply and were wise about working, balancing school, and paying off the loans quickly.

PoutineLover

  • Handlebar Stache
  • *****
  • Posts: 1582
Re: So how cheap did you do your college education?
« Reply #16 on: April 12, 2018, 11:32:31 AM »
I'm Canadian, I finished my undergrad in 2014 and it cost me about 100k total to go to a great university in another province. That includes tuition and school fees (50%), rent (25%) and the rest was bills, groceries and entertainment. I funded it through a combination of loans (33%), grants (22%), work (20%) and parental savings (25%). I graduated with 33k in loans which I repaid in a year. It would have been cheaper if I had gone to school at home, but I'm very glad that I chose to move away, the trade off was worth it. I also did some continuing education over the past couple years that was mostly paid by my employer, and cost me about $900 out of pocket for books and some fees.

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1372
  • Age: 54
  • Location: Tennessee
Re: So how cheap did you do your college education?
« Reply #17 on: April 12, 2018, 11:36:20 AM »
Full scholarship to undergrad.  Teaching fellowship for grad school.  Full scholarship to law school.  No student loans. 

jinga nation

  • Magnum Stache
  • ******
  • Posts: 2708
  • Age: 247
  • Location: 'Murica's Dong
Re: So how cheap did you do your college education?
« Reply #18 on: April 12, 2018, 11:54:14 AM »
went to state university, but not the 2 flagships. toured the EE departments of all 3, find out that mine has actual instructors teaching all 4 years, not TAs or Adjuncts. Plus it had a wireless/microwave program for undergrad seniors that I wanted to get into. So enrolled first year, but as a new immigrant with a green card, had to pay out-of-state. took the bare minimum to stay full-time while working 32+ hours off-campus job. Figured a way to get Calc I & II, Physics and Chem and labs requirements waived.
The following summer, asked the bursar how I could get in-state tuition. Was told something vague like "Domicile". Pre-Google days, went on goose chase around campus as no one knew what that meant, except one grandly-dressed elderly lady who directed me to the courthouse. $10 and a signature later at 0800 one Friday morning, I was a legal resident of FL. Went back to campus, handed in the paperwork, near-instant approval, signed up for scholarships, grants, anything and everything, and max load of classes. Took subsidized loans and put them in ING bank CDs getting 6% interest.
I didn't keep detailed records and shred a lot of old financial stuff, but using Google to estimate costs at my alma mater, my total tuition cost under $10,000 including the first year out-of-state. Financially I graduated with over $20k in the bank with part-time work during semesters and full-time when classes was out.
For living, stayed off campus with my brother and then my parents. Bro and I worked to pay rent while parents settled to life here. Then paid our share. Was mustachian back then; buying a $2000 Dell didn't even faze me then. It lasted a good 6-7 years with upgrades.
Graduated Summa Cum Laude.
Department gave me Research Asst in grad school, full ride. Got paid to visit sponsor in Europe. Fun times.

lizzzi

  • Handlebar Stache
  • *****
  • Posts: 2150
Re: So how cheap did you do your college education?
« Reply #19 on: April 12, 2018, 12:45:34 PM »
Community college for associate's 1971, $2,000. State university for bachelor's 1981 on GI bill, $0.00. Never had a student loan.

Rosy

  • Magnum Stache
  • ******
  • Posts: 2745
  • Location: Florida
Re: So how cheap did you do your college education?
« Reply #20 on: April 12, 2018, 06:56:14 PM »
FREE
1966 - Associate Degree - BA - in Germany - free to all back then including books. Followed by a paid internship.
2001 - Associate Degree - Fine Arts-Interior Design - in the states - free via GI bill, tuition $18K per annum.
Never had a loan.

jlcnuke

  • Pencil Stache
  • ****
  • Posts: 931
Re: So how cheap did you do your college education?
« Reply #21 on: April 12, 2018, 07:20:03 PM »
1st time - more than 20 years ago - scholarships covered almost all tuition, parents paid for the rest -$0 cost to me, dropped out after 1 year.

2nd time - within the past 5 years - GI bill covered 100% of costs - cash flow positive with housing allowance, graduated with a BS in business, concentration in finance.

Of note when showing graphs etc, around the time I was born, less than 1/2 of high school graduates went to college (not including the ~15% of students that dropped out). By 2009, the dropout rate was less than 7% and ~70% of graduates were heading off to college. Demand has gone up massively. Fortunately, the availability of scholarships and grants has also increased massively for students who've earned college (i.e. got grades high enough for scholarships etc). Like with many things in life, there's "more to the story" than just one snippet.

Cranky

  • Magnum Stache
  • ******
  • Posts: 3853
Re: So how cheap did you do your college education?
« Reply #22 on: April 12, 2018, 07:30:43 PM »
I sensibly went to college in the Olden Days, when tuition and fees at CU Boulder were $325/semester (and that included health care.) My parents cheerfully paid for it.

Since then, I’ve paid for 3 college educations, so it is no surprise to me that the price has gone up. ;-)

Cgbg

  • Stubble
  • **
  • Posts: 142
Re: So how cheap did you do your college education?
« Reply #23 on: April 12, 2018, 07:50:21 PM »
I went to the local public university. Tuition was $1500/term and it was a commuter university so no requirement to live on campus. I took out student loans to pay everything, including rent. I owed ~ $20k in the end (didn’t pay unsubsidized loan interest while in college.) my parents contributed a grand total of $550 during my entire 4 years. I left after the first year, earned a bunch of income and went back a few years later as I was bored in my career. Married right before my senior year of college.

My oldest kid is finishing his sophomore year of college and he is on a full ride. I give him $200/month and pay for his flights home. He works as a TA and has a job at a consulting firm (located across the country, works when he has time and meets deadlines) and more than doubles my contribution to him each month. And he doesn’t spend money.

The youngest is a freshman and has an almost full ride. He too gets the $200 spending money each month and has a job on campus. We will provide him with a car next year. He spends his $, and then he spends some of mine. I text-lectured him this week on his visa charges; he promptly Venmo’d me the $ he spent without permission. He’s a work in progress.

Each kid finished all the math they needed for their undergrad engineering degree during high school. It cost us $300/term to pay for their university classes during high school but we figure that saved us $$$$$ because of the full ride and almost full ride.

eostache

  • Stubble
  • **
  • Posts: 231
Re: So how cheap did you do your college education?
« Reply #24 on: April 12, 2018, 09:15:11 PM »
I went to college for the first time when I was in my 30s. Newly divorced (no kids). I did 1 year at a small 2 year college then moved out of state and transferred to a small cheap podunk state college.

I never let it enter my mind to borrow any money. I applied for every grant and scholarship I could find. This was in the early 2000s, there was a lot of "free" money floating around. I got to know the people in the financial aid office, they helped me find more grants and scholarships. I got enough awards each year to pay all my tuition and some of my (frugal) living expenses.

I got a BS STEM degree and graduated in 2009 debt free. The job market was garbage by the time I graduated but I was ok with no debt and a bit of money stashed aside.

LearnTo

  • 5 O'Clock Shadow
  • *
  • Posts: 48
Re: So how cheap did you do your college education?
« Reply #25 on: April 12, 2018, 10:42:42 PM »
I was lucky decades ago to get through a private liberal arts college completely on scholarships and grants.  These days I doubt I could manage more than 2 yrs of CC without incurring significant debt.

Travis

  • Magnum Stache
  • ******
  • Posts: 4231
  • Location: California
Re: So how cheap did you do your college education?
« Reply #26 on: April 12, 2018, 11:16:42 PM »
Went straight to a 4-year university, but paid for through 50% Army Reserve GI Bill and 50% parents. Lived with them for all but senior year.  Army paid for 50% of Grad school and the rest came out of pocket. My active duty GI Bill will cover 3 years of my son's college tuition.

sol

  • Walrus Stache
  • *******
  • Posts: 8433
  • Age: 47
  • Location: Pacific Northwest
Re: So how cheap did you do your college education?
« Reply #27 on: April 12, 2018, 11:33:06 PM »
The best and most promising students always go to college for free, if they want to, regardless of family income.  They sometimes have to compromise on WHERE they go, but chances are pretty good that if you get admitted to a couple of the country's best schools, there are ten other decent schools that will give you a full ride.

Every National Merit Scholar in the country, for example, has a standing full ride offer to 52 universities (almost none of them take it, I didn't).  I know kids who had their college paid for by the NSA, in a fashion very similar to ROTC but for math nerds.  Or by Microsoft or Shell or a bunch of other big profitable corporations that want to hire you.  You typically have to be in the top 1%, but that's still literally tens of thousands of kids who go to college for free just because they are smart.  And, of course, a smaller number of kids go to college for free because they are good at a sport, too.

Most states and many counties (!) now have a free-tuition option for their academically most talented students if they stay in-state, and some (like mine) have free-tuition plans for people of typical retired-mustachian level incomes.  Washington's program offers free college tuition to a four year university to almost half of the public high school students in the state, if they graduate from high school with at least a C average.  I have three kids, so this program is potentially going to save me well over $100k in future college tuition bills.  It basically cut more than a year off of my cubicle time. 

Basically, I think the whole fear of college costs is way overblown.  This game is easy to rig six different ways. 

chuckster

  • Stubble
  • **
  • Posts: 114
Re: So how cheap did you do your college education?
« Reply #28 on: April 13, 2018, 12:44:55 AM »
My fairly unique path through a top-tier private university:

Similar to what was mentioned above, my high school also offered college credit for Calculus through the state public college. I failed. But my teacher made us a deal, at least take the ACT and he'd give us a 70. I failed the ACT, he gave me a 70 anyway. Counted as a C in 2 college courses, calculus A and B, and 8 credits. I had enough high ACT scores and grades in the courses I was actually good at--english, history, physics, etc., to start my "freshman" year just 3 credits short of being a sophomore.

I took enough honors courses in college with a 1-credit "lab" extension to make up those three credits and skip a year entirely right away. I finished college in 3 years. (My favorite part was scheduling the classes so I always, always, had no classes on Monday or Friday, every semester, so I only went to class 4 days a week, had endless 3-day weekends, and was still ahead of everyone else)

I also had a half-ride scholarship, so, I got a 4-year degree and only "paid" for three semesters.

My father, though, was smart with money. I was born in the Carter administration, at the height of stagflation. When I was born he put aside a little bit of money, to come due the years I turned 18, 19, 20, and 21. I believe those savings bonds and CDs paid 18% interest. I don't think we've seen that before or since. After 20 years of compounding, my college fund was only barely dented by having to pay for three semesters. When I graduated, I got the remainder in cash.

No loans, no debt... a tidy profit!

Tom Bri

  • Pencil Stache
  • ****
  • Posts: 689
  • Location: Small Town, Flyover Country
  • More just cheap, than Mustachian
Re: So how cheap did you do your college education?
« Reply #29 on: April 13, 2018, 02:54:03 AM »
The best and most promising students always go to college for free, if they want to, regardless of family income.  They sometimes have to compromise on WHERE they go, but chances are pretty good that if you get admitted to a couple of the country's best schools, there are ten other decent schools that will give you a full ride.

Every National Merit Scholar in the country, for example, has a standing full ride offer to 52 universities (almost none of them take it, I didn't).  I know kids who had their college paid for by the NSA, in a fashion very similar to ROTC but for math nerds.  Or by Microsoft or Shell or a bunch of other big profitable corporations that want to hire you.  You typically have to be in the top 1%, but that's still literally tens of thousands of kids who go to college for free just because they are smart.  And, of course, a smaller number of kids go to college for free because they are good at a sport, too.


Sol is quite right. My two kids, not quite top 1% but pretty bright, are getting the vast majority of their college paid, at a top public school, via scholarships and grants. How? Study hard, get good grades and score well on ACT/SAT, and ASK for the money!

They applied for dozens of scholarships after Googling for lists. They wrote papers. They called the school they wanted to go to. They called the dean of admissions of that school, asking for scholarships. They threatened to go to a different school (verified offer of money) if the school didn't cough up more. In other words, they worked hard for an entire year rounding up scholarships. High school classmates who ranked higher and had higher test scores are paying full price, because they didn't go looking for money.

SwitchActiveDWG

  • Stubble
  • **
  • Posts: 177
Re: So how cheap did you do your college education?
« Reply #30 on: April 13, 2018, 05:17:42 AM »
The best and most promising students always go to college for free, if they want to, regardless of family income.  They sometimes have to compromise on WHERE they go, but chances are pretty good that if you get admitted to a couple of the country's best schools, there are ten other decent schools that will give you a full ride.

Every National Merit Scholar in the country, for example, has a standing full ride offer to 52 universities (almost none of them take it, I didn't).  I know kids who had their college paid for by the NSA, in a fashion very similar to ROTC but for math nerds.  Or by Microsoft or Shell or a bunch of other big profitable corporations that want to hire you.  You typically have to be in the top 1%, but that's still literally tens of thousands of kids who go to college for free just because they are smart.  And, of course, a smaller number of kids go to college for free because they are good at a sport, too.

Most states and many counties (!) now have a free-tuition option for their academically most talented students if they stay in-state, and some (like mine) have free-tuition plans for people of typical retired-mustachian level incomes.  Washington's program offers free college tuition to a four year university to almost half of the public high school students in the state, if they graduate from high school with at least a C average.  I have three kids, so this program is potentially going to save me well over $100k in future college tuition bills.  It basically cut more than a year off of my cubicle time. 

Basically, I think the whole fear of college costs is way overblown.  This game is easy to rig six different ways.

That's almost unbelievable. C average seems ridiculously low for such an offer.

Response to OP, I went to community college for core classes then transferred to a public state university engineering program. Got some scholarships and my parents kicked in a bit. Overall came out with about $6,000 in debt.

Morning Glory

  • Magnum Stache
  • ******
  • Posts: 4889
  • Location: The Garden Path
Re: So how cheap did you do your college education?
« Reply #31 on: April 13, 2018, 06:04:12 AM »
Not bad, but not as great as some here. Started at a CC and cash flowed my tuition by working as a waitress and CNA, it was maybe $500 per semester. Other students were taking out loans for living expenses and even with no financial education I saw how dumb this was. Bought a house at age 20 in a LCOL, payment was less than renting a small apartment or even a dorm.

Finished my BSN at a private lib arts college with a great nursing program and financial aid department, got scholarships and grants for about 75% of the tuition. Cash flowed some of it, took only federal subsidized loans, and commuted from my LCOL house. Graduated with about 8k in loans that I paid off as soon as the no-interest window expired.

 Master's degree was basically free using tuition reimbursement from my employer (it didn't cover books or parking fees, but my out of pocket cost for tuition was close to zero). I know people who make $80k per year and don't take advantage of this because you have to pay up front then get reimbursed.

sol

  • Walrus Stache
  • *******
  • Posts: 8433
  • Age: 47
  • Location: Pacific Northwest
Re: So how cheap did you do your college education?
« Reply #32 on: April 13, 2018, 08:57:42 AM »
That's almost unbelievable. C average seems ridiculously low for such an offer.

I know, right?

But it's true.  Here are the requirements:  https://www.wsac.wa.gov/sites/default/files/FAQ.CollegeBound.pdf

Summarized:  graduate with a 2.0 GPA or better, be a US citizen and resident of Washington State, not have any felony convictions, fill out the FAFSA, and get admitted somewhere.  Oh and be poor enough, but that part is pretty easy (for my family of five it's like $65k/year of income).

If you can meet those requirements, your 4 year undergraduate education is free.
« Last Edit: April 14, 2018, 01:53:45 PM by sol »

jlcnuke

  • Pencil Stache
  • ****
  • Posts: 931
Re: So how cheap did you do your college education?
« Reply #33 on: April 13, 2018, 09:13:55 AM »
The best and most promising students always go to college for free, if they want to, regardless of family income.  They sometimes have to compromise on WHERE they go, but chances are pretty good that if you get admitted to a couple of the country's best schools, there are ten other decent schools that will give you a full ride.

Every National Merit Scholar in the country, for example, has a standing full ride offer to 52 universities (almost none of them take it, I didn't).  I know kids who had their college paid for by the NSA, in a fashion very similar to ROTC but for math nerds.  Or by Microsoft or Shell or a bunch of other big profitable corporations that want to hire you.  You typically have to be in the top 1%, but that's still literally tens of thousands of kids who go to college for free just because they are smart.  And, of course, a smaller number of kids go to college for free because they are good at a sport, too.

Most states and many counties (!) now have a free-tuition option for their academically most talented students if they stay in-state, and some (like mine) have free-tuition plans for people of typical retired-mustachian level incomes.  Washington's program offers free college tuition to a four year university to almost half of the public high school students in the state, if they graduate from high school with at least a C average.  I have three kids, so this program is potentially going to save me well over $100k in future college tuition bills.  It basically cut more than a year off of my cubicle time. 

Basically, I think the whole fear of college costs is way overblown.  This game is easy to rig six different ways.

That's almost unbelievable. C average seems ridiculously low for such an offer.

Response to OP, I went to community college for core classes then transferred to a public state university engineering program. Got some scholarships and my parents kicked in a bit. Overall came out with about $6,000 in debt.

Georgia requires a 3.0 GPA for the Hope Scholarship. The Scholarship pays variable amounts (depending on the school you go to). For UGA for instance, it covers $7,200/year at 15 credit hours each semester. Tuition is $9,552 per year for 15 credit hours each semester, then add in another ~$2,300/year in fees. Making the out of pocket costs for a year of schooling ~$4,652 assuming you get no other scholarships or grants. You can pay that working less than 20 hours per week at minimum wage (or work more during the summer). You do still have living costs to arrange, but you have those costs whether you go to college or not...

Oh, and students with better grades (3.7 gpa) are automatically eligible for even more aid (I think it's an additional $2,500 or so per year) with the Zell Miller scholarship.

Neither scholarship cares how much the parents make or have in assets either... the rich kids and poor kids alike can qualify.
« Last Edit: April 13, 2018, 09:17:45 AM by jlcnuke »

Noodle

  • Handlebar Stache
  • *****
  • Posts: 1316
Re: So how cheap did you do your college education?
« Reply #34 on: April 13, 2018, 09:35:58 AM »
Undergraduate: Cost about $60K total (early 1990s) at small public liberal arts school out of state. I borrowed 15K, split between a no-interest loan program from my home state and federal loans. The rest was divided fairly evenly between parental contributions and scholarships and grants that I earned.

Graduate #1: Tuition waiver + TAship + part-time jobs. No out-of-pocket.

Graduate #2: Fellowship with minimal work requirements. No out-of-pocket.

(This is all liberal arts, by the way.)

Eight years of education for $15K in debt seems like a fair trade to me. The grad programs were very selective and I doubt that I would have gotten in from my home state's public university, which does not have much of a reputation.

Nords

  • Magnum Stache
  • ******
  • Posts: 3426
  • Age: 63
  • Location: Oahu
    • Military Retirement & Financial Independence blog
Re: So how cheap did you do your college education?
« Reply #35 on: April 14, 2018, 01:40:41 PM »
My spouse and I got paid to go to college. 

The U.S. Naval Academy offered me the structure & discipline which I so desperately needed at that age, and I've acquired lifelong skills from it.  (Two of the dubious skills are invulnerability to flame-spraying and to shotgun blasts in my face.)  She says that USNA was the only place where she could be taken seriously to earn her STEM degrees.  We've also acquired an amazing variety of techniques to deal with failure through resilience, tenacity, and persistence.

However many college alumni (beyond those from service academies) seem to display a disturbing overlap of symptoms with the victims of Stockholm Syndrome.  We gave our daughter enough service-academy experience for her to realize that a NROTC scholarship was a better path for her.  The military's payments of tuition & fees covered about 75% of the total college cost.  Most importantly, it gave her the best of both worlds in life skills.

I talk with a lot of teens (and their parents) about service academies, ROTC, and the military.  I'm happy to answer more questions.

sol

  • Walrus Stache
  • *******
  • Posts: 8433
  • Age: 47
  • Location: Pacific Northwest
Re: So how cheap did you do your college education?
« Reply #36 on: April 14, 2018, 02:07:35 PM »
The U.S. Naval Academy offered me the structure & discipline which I so desperately needed at that age

This is a key point, Nords.  The service academies are fantastic, for some people, but not everyone.  I'm pretty sure I would have been miserable in that environment, at that age.

I was recruited based on my test scores, but even at that age I was pretty sure that the military was not going to be a good fit for me.  Twenty years later I took a civil service job, and even that has been a real trial.  The level of obedience and subservience required is stifling.  Personal excellence is not rewarded.  Ability and utility are not rewarded.  Honesty and integrity are definitely not rewarded.  One of the biggest forces pushing me out of my current job as a federal scientist this year is my unwillingness to subjugate the truth to better align with an agency's "mission".

The military can provide people with a sense of purpose and direction, of belonging to something larger than themselves, and that can be hugely valuable for a person who is maybe otherwise a little aimless or in search of meaning in their life.  I have never felt aimless or like I needed to belong to something, and the sacrifices demanded for that intangible feeling never seemed worthwhile to me.  Being part of the group, and supporting the mission, has in my case too often meant compromising my own personal morality. 

But I did it for a decade, in exchange for a large sum of money.  I feel dirty admitting that.

Neo

  • Stubble
  • **
  • Posts: 172
Re: So how cheap did you do your college education?
« Reply #37 on: April 14, 2018, 02:21:24 PM »
Got super lucky. Stepmom worked at a great university in town and I got to go for free. I actually stayed 6 years b/c I changed my major late my junior year. It was an incredible blessing that I am keenly aware most people dont have.

clarkfan1979

  • Magnum Stache
  • ******
  • Posts: 3369
  • Age: 44
  • Location: Pueblo West, CO
Re: So how cheap did you do your college education?
« Reply #38 on: April 14, 2018, 07:58:36 PM »
My tuition costs were pretty low.

1997-1998: free (baseball scholarship) (4-year school)
1998-1999: $1800 (community college out of state tuition)
1999-2000: $300 (community college in state tuition)
2000-2001: $1800 (4 year school)
2001-2002: $1800 (4 year school)
2002: $900 (one final semester)

I spent $6600 on tuition for undergrad and had $7,000 in student loans.

Dicey

  • Senior Mustachian
  • ********
  • Posts: 22428
  • Age: 66
  • Location: NorCal
Re: So how cheap did you do your college education?
« Reply #39 on: April 14, 2018, 08:58:52 PM »
Okay, I'll play. I took a semester off after HS and worked FT to save money. Enrolled in the local community college. Lived at home for a year, then got an apartment with a friend. Worked two jobs with occasional side gigs. Paid all of my own expenses, got a few small essay-type scholarships. Earned an AA, got a "career" job, based on my part-time work in college and never looked back. No debt. Boring.

ETA: I just realized I didn't provide actual dollar amounts. That's because it was a long, long time ago and I don't remember. I do recall that my net pay for my 20 hr/week job was $75.08, lol!
« Last Edit: April 15, 2018, 08:31:33 AM by Dicey »

Acorns

  • Stubble
  • **
  • Posts: 105
Re: So how cheap did you do your college education?
« Reply #40 on: April 14, 2018, 09:13:20 PM »
I went to a flagship state university near my home. My parents paid tuition for the first two years, around $7000/year. I got a full tuition scholarship (ROTC) for my last two years. I lived at home my first year, then in a very low cost shared housing the next two years. I shared an apartment with a friend my senior year and paid for it myself. Graduating without any debt was probably the best financial thing that could have happened to me. Future college costs for my kids is my #1 concern for the future.

seattlecyclone

  • Walrus Stache
  • *******
  • Posts: 7266
  • Age: 39
  • Location: Seattle, WA
    • My blog
Re: So how cheap did you do your college education?
« Reply #41 on: April 14, 2018, 09:32:10 PM »
The best and most promising students always go to college for free, if they want to, regardless of family income.  They sometimes have to compromise on WHERE they go, but chances are pretty good that if you get admitted to a couple of the country's best schools, there are ten other decent schools that will give you a full ride.

Yes, very much this. I was a National Merit Scholar. I was rejected from MIT, but admitted to a couple of big public universities with computer science programs ranked at roughly 10th in the country. I was also admitted to a big public university one state over from where I grew up, with a decent-but-not-amazing computer science program (maybe 50th or so), that also happened to give out full scholarships to National Merit Scholars.

I chose the latter option and have no regrets. I figured that while the other schools I was admitted to may well be better, they probably weren't $60k better (or whatever the total would have been). I graduated with zero debt, and in fact had a five-figure positive net worth due to some paid summer internships and general frugality. I've been maxing out my IRA since junior year of college. I stayed in the honors dorm where about half the other students were also getting a similar scholarship. That's where I met my wife. The lack of college debt has been a major boost to our financial trajectory. We live in a HCOL city and were still able to downshift to part-time work after only seven years working full time, and I'm planning to FIRE completely just shy of ten years out of school.

Quote
Most states and many counties (!) now have a free-tuition option for their academically most talented students if they stay in-state, and some (like mine) have free-tuition plans for people of typical retired-mustachian level incomes.  Washington's program offers free college tuition to a four year university to almost half of the public high school students in the state, if they graduate from high school with at least a C average.  I have three kids, so this program is potentially going to save me well over $100k in future college tuition bills.  It basically cut more than a year off of my cubicle time. 

Thanks for the pointer to this program! It's likely that our investments will keep doing so well that we'll be unqualified for this scholarship, but I just put a reminder on my calendar to look into it in about ten years when my son will be old enough.

sol

  • Walrus Stache
  • *******
  • Posts: 8433
  • Age: 47
  • Location: Pacific Northwest
Re: So how cheap did you do your college education?
« Reply #42 on: April 14, 2018, 09:37:34 PM »
I just put a reminder on my calendar to look into it in about ten years when my son will be old enough.

You have to register by the time he's in 8th grade, and the income rules are a little funny.  Like rental depreciation gets added back in.  Most people here are smart enough to temporarily manage their paper income down to arbitrarily low levels, though, for example by drawing from a Roth IRA or selling from a taxable account in the years for which you need to show low income.

seattlecyclone

  • Walrus Stache
  • *******
  • Posts: 7266
  • Age: 39
  • Location: Seattle, WA
    • My blog
Re: So how cheap did you do your college education?
« Reply #43 on: April 14, 2018, 09:43:30 PM »
Yep, 8th grade is about ten years off for us. Our high savings rate while working has "forced" us to split up our savings between different types of accounts, which will in turn grant us the freedom to choose to withdraw from whichever source suits our needs at the time. Need to show no income for a couple years? Roth and HSA withdrawals it is! Need to show a bunch of income? Sell all the stocks in the taxable account and buy them back again! The only real concern is if the taxable account grows large enough to provide too high of a floor (through dividends) on our total income. And if that happens, we'll have so completely won the game that our ineligibility for any sort of need-based stuff will be totally justified.

Mezzie

  • Pencil Stache
  • ****
  • Posts: 816
    • Mezzie Learns
Re: So how cheap did you do your college education?
« Reply #44 on: April 15, 2018, 03:30:11 AM »
I did three years at the local community college back when it was $11/unit then transferred to State for about $1500/semester. I took out a loan for student teaching because I didn't know if I'd get hired right away, and then I did get hired and promptly paid off my loan.

I worked full time or more all through school up until my student teaching, and my parents bought the textbooks for my first two semesters (the textbooks actually cost more than tuition. Those were the days!). I also got a small scholarship from an essay contest.

All told, my BA + credential cost about $10,000 plus books. That seemed like a ton of money back then (minimum wage was $4.25 when I started college), but now I realize what a great deal I got. My Masters cost about $12,000, so I got a good deal there, too.

tralfamadorian

  • Handlebar Stache
  • *****
  • Posts: 1217
Re: So how cheap did you do your college education?
« Reply #45 on: April 15, 2018, 06:40:26 AM »
I went to one of public ivies, which at the time was also at the top of those best value lists. $1,500-$2,200/semester in the early 00’s paid through waiting tables part time. Parents paid my living expenses in a very cheap apartment.

I just looked up tuition costs at my alma mater- $8k+ a semester in state with one of the largest endowments. This is why they will never receive a penny of donation money from me.
« Last Edit: April 17, 2018, 01:33:30 PM by tralfamadorian »

Davids

  • Pencil Stache
  • ****
  • Posts: 977
  • Location: Somewhere in the USA.
Re: So how cheap did you do your college education?
« Reply #46 on: April 15, 2018, 07:45:33 AM »
I went to a state university with some financial aid but still had $35K student loan debt when I graduated. Paid it off in 7 years. My goal with 529s to be able to pay for my 2 kids a 4 year education at a state university. If they want to go private or get masters they on their own for the difference.

HenryDavid

  • Pencil Stache
  • ****
  • Posts: 546
Re: So how cheap did you do your college education?
« Reply #47 on: April 17, 2018, 08:07:49 AM »
The "education years" were just living/working, with a lot of study hours on top. Worked about 25-45 hours each week, lived in little rooms in shared places, paid tuition about half of the time. The rest was scholarships.

Never got any loans or anything until the final year, but was too afraid of debt to spend it. Hoarded the $3500 for a year, then spent it all on a European trip for 4 months! (Weird logic, but actually a smart decision in retrospect--changed my life for the better). Paid it off easily in a few months after grad school ended. Grad school didn't "cost" anything. Scholarships and teaching paid for it.

So, did this all truly "cost" anything? Looking back, I see it as a way of living, an apprenticeship in frugality and self-sufficiency, and in living for a chosen purpose rather than just getting/spending. Nothing but benefit there. No "cost" apart from a few thousand bucks less consumption for a few years. I get that times have changed since the 80s, and it's a terrible terrible thing. Money should never be a barrier to education.

Mtngrl

  • Bristles
  • ***
  • Posts: 319
Re: So how cheap did you do your college education?
« Reply #48 on: April 17, 2018, 08:44:06 AM »
I went to college a long time ago, when it was much cheaper than it is today -- I had a scholarship that paid all my tuition and I lived at home and commuted.
I have a good friend with two kids that have both completed college very recently, graduating with no debt. They did a variety of things: took advantage of AP courses in high school and came with college credit, so that they had approximately 1 semester of college under their belts when they graduated high school. Went to community college for two years while living at home. This was paid for with money from grandparents -- but not a lot. Then enrolled in a state school, paid for with a combination of jobs and scholarships. The eldest just move to Atlanta to take an IT job with good pay and the youngest is managing a local retail business and doing great.

eddie

  • 5 O'Clock Shadow
  • *
  • Posts: 48
Re: So how cheap did you do your college education?
« Reply #49 on: April 18, 2018, 05:25:17 PM »
HS - took 3 AP classes, passed 3 AP tests, around top 15% of my class GPA, 31 ACT.  So very good academics but not crazy high.   I knew nothing of applying for outside scholarships.  I just grew up always knowing that I had 1 choice for college. My dad taught at a private christian school that offered free tuition for dependents of faculty who had been teaching there for as many years as he had been there.  Fees, books, and room & board were on us.  My parents didn't do the best job of instilling the work = $ concept.  I wasn't spendthrift by any means, but I never really did much to earn $ in high school.  I just studied and ran track/xc.  I had a couple odd jobs but I probably had less than $1k saved personally.

Fall 2000 - College, lived on campus for 6 weeks thinking that room and board were also free.  My parents got the bill and told me I needed to move back home.  They paid for everything for me that first semester.  I think it all went on credit cards.  They were not financially organized and were going through a divorce at this time.
Spring 2001 - Spent 5 months in boot camp and school of infantry for the Marine Corps reserve.  Made about $5k and put it all in a ROTH IRA, mutual fund.
Fall 2001 - March 2003 - Went to school full time, ran track/xc, did the regular reserve thing and made about $500/mo between my drill pay and the reserve GI Bill (You had to do 2 years of consecutive active duty to qualify for the regular GI Bill).  I lived with my mom in an apartment across the street from campus for free.  I paid for everything else myself (books, fees, food, etc.), but having a free place to sleep at night was a huge help.
March 2003 - Get a phone call on a Thursday or Friday telling me I'm getting activated and flying to 29 Palms for desert warfare training the next Tuesday.  So I talk 3 of my professors into letting me take all the rest of the tests for the semester on Monday.  I read 3 text books the entire weekend, spend about 6 hours Monday taking tests and get Bs and Cs.  All 3 professors bump my grades up 1 letter grade to be nice.  Fly to CA, train for 6 weeks, fly to Iraq and take part in the occupation of the country, and spend the rest of the year in Iraq and then working at our reserve center towards the end of the year after we are sent home.  Save probably $10-15k. I didn't spend much on anything but Lance Corporals don't make a ton even with combat pay and tax free overseas pay.
Spring 2004 - I go on another deployment and spend the first Feb-July training in NC, and on a ship in the Caribbean and a few Central and South American countries.  Save another $10k or so.
Fall 2004 - Back to school and running xc.  Live on a couch in the game room of my friend's dad's house while the house is getting foreclosed.  He's not paying the mortgage so he lets me stay there for free.
Spring 2005 - Get deployed to Iraq again.  It was a very different experience than the first deployment.  I have PTSD from this trip.  Get sent home half way through the deployment because of some medical issues.  Go to 5 funerals in the late summer for friends and would have gone to more but too many guys got killed in too short a time period to be able to drive to all of them.  2005 was a bad year.
Fall 2005 - Back to school, family life has gone to crap too.  I finish the semester and then drop out to start working full time.
2007 - Finally finish my last class.  My dad had been fired back in 2004 for being an alcoholic and showing up to class hung over or just not showing up at all.  I made the argument with the dean that I would have graduated before my dad had been fired if I hadn't been activated. He graciously extended my tuition benefit long enough for me to graduate.

Totals:
Finished 6 full-time semesters, 1 interrupted half semester, and a smattering of summer school and correspondence classes while deployed.
Saved about $40k after paying living expenses of room (very minimal), fees, books, food, car, etc but it took 7 years to finish.  If I'd had to pay that last couple years of tuition, I would have been close to wiped out financially. It was an expensive school and most of the money was sitting in ROTH IRAs that had gone down in value.  I probably would have dropped out and may or may not have finished up at a state school otherwise.  That $40k or so is still sitting a ROTH IRA account and is worth north of $90k now.
« Last Edit: April 18, 2018, 05:27:03 PM by eddie »