College can Hurt

Published on March 27, 2015

Last updated on November 1, 2024

Chris Lehman:

Today, I was sitting with one of our SLA seniors. She’s gotten into a wonderful college – her top choice. The school costs $54,000 / yr. Her mother makes less than the federal deep poverty level. She only received the Federal financial aid package with no aid from the school, which means that, should she go to this school, she would graduate with approximately $200,000 of debt.