BrownBears09 wrote:This statement shows your lack of world experience. You're saying that kids who get 100k of debt for an Ivy BA/BS are "really stupid?"
I may not be one of the kids with heavy UG debt, but it strikes me as arrogant.
There are always certain circumstances in which paying the kitchen sink for an UG is worth it, and an Ivy league education is certainly one of those situations that is right for most people.
Also, if the UG degree is intended as a student's terminal degree, then it may be worth it (this could be because the terminal degree is good enough to start a lucrative career in; engineering is often considered one of those programs).
It can't be ignored that the job market for UG degree-only individuals is not very lucrative. And that could very well be the case even when the economy returns to a better state. The demand for people to have an advanced degree of some sort is high. On those lines, it's probably
a better idea to not pay a ton of money when a return to school in the near future--sometimes immediately--is expected. I say probably because you indeed indicated a situation that escapes my opinion.
It is my personal opinion that if one is to pursue an advanced degree of some sort, and does not have a legitimate reason to attend some 30k plus private institution over the state school system (the definition of a legitimate reason is subjective, but I'm thinking of fairly obvious situations--like Ivy league schools or having rich parents), then it is optimal to reduce the loans for UG. 100k of debt plus maybe 150-200k for law school? Not looking good I'd say. Attending a good public school and leaving with 0 debt is allowing me to consider schools right now at sticker price that I would not be able to if I had private school debt.
I do apologize for using the term "really stupid", even if I disagree with those decisions. Don't mean to come across as an ass haha...I don't mean to offend those who did! But I am curious to see if there is anyone who paid a lot for an UG degree who is currently in, looking for, or graduated from a law school who would choose a cheaper UG if given another chance.