When I went to the University of Michigan 40 yrs ago, tuition was about $500/yr, IIRC. Met and married my wife while there. I had student loans for tuition, room and board, paid $29/mo for about 10 years to pay it off. Great investment, IMO.
All 3 of our kids went there as well. We helped them some and they had student loans for the rest. Two of the 3 ended up with loans close to $200k but that's because they went on to law school. Sounds like a lot and it is. But... one earns well over $200k/yr and she has paid off her loans in 7 years. At 33 years old, her future income stream looks pretty good. The other daughter attorney is just a couple of years into her career and her future income stream looks about the same.
My point is that, yes, college is expensive and the student loans can be daunting. However, it's an investment and like any investment it can pay off or go sour. It's up to the individual to make the most out of the opportunity that a student loan gives them. Squander it and pay the consequences. Use it wisely and it'll pay off for you.
So, quit blaming the government, banks and everybody else for everything that goes wrong in one's life, including a student's voluntary loan to pay for their higher education.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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