http://theunbrokenwindow.com/2010/02/09/the-myth-of-college-unaffordability/ The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek Sat, 31 Jul 2010 03:06:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://theunbrokenwindow.com/2010/02/09/the-myth-of-college-unaffordability/comment-page-1/#comment-12676 Don Gray Tue, 09 Feb 2010 13:20:15 +0000 http://theunbrokenwindow.com/?p=2317#comment-12676 I agree completely with you. Given all of the state and federal education subsidies to higher education and the wide availability of federal loans, a college education is affordable for anyone in America. This spring I enrolled part time in SUNY Empire State College's M.B.A. program. I'm following the typical two courses a semester approach which is popular for students employed full-time. As a NYS resident the total cost of my two courses is $2734.10. Add a couple hundred dollars for books and my cost is approximately $3,000 this semester. This cost was easily covered by low interest rate federal loans, where even the interest can be deferred while I am pursing my degree. (I also fall into the middle income category.) My take is that undergraduate and graduate degrees are both affordable for people from all income levels. This is especially true for people attending public universities. I agree completely with you. Given all of the state and federal education subsidies to higher education and the wide availability of federal loans, a college education is affordable for anyone in America. This spring I enrolled part time in SUNY Empire State College’s M.B.A. program. I’m following the typical two courses a semester approach which is popular for students employed full-time. As a NYS resident the total cost of my two courses is $2734.10. Add a couple hundred dollars for books and my cost is approximately $3,000 this semester. This cost was easily covered by low interest rate federal loans, where even the interest can be deferred while I am pursing my degree. (I also fall into the middle income category.)
My take is that undergraduate and graduate degrees are both affordable for people from all income levels. This is especially true for people attending public universities.

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