Wednesday, November 29, 2017

Did you work your way through college? Here’s why your kids can’t - Jillian Berman, MarketWatch

“You hear the apocryphal story of being able to work your way through school, because it was true,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “If you were a student in 1980 and you took on a full-time summer job and a part-time job in the school year, your college costs would be covered and your living expenses would be covered.” But things are different these days. Students working in the 2011-2012 academic year had an average of $18,081 in student loans, according to a 2015 report from Georgetown University’s Center on Education and the Workforce. That’s up from $10,139 in the 1989-1990 academic year. https://www.marketwatch.com/story/did-you-work-your-way-through-college-heres-why-your-kids-cant-2017-11-21