urgjotonlkec t1_j4q8u8t wrote
This chart is idiotic because if you're on minimum wage you will qualify for considerable financial aid. Also, some of these states offer free community college to everyone so there's options other than just the state university.
synesthesiah t1_j4qbcyy wrote
This comment is idiotic because you clearly doesn’t understand the minutiae of FAFSA. If you work minimum wage and live at home, your parent’s income is what qualifies you for financial aid, not yours.
Also, free community college can be limited to certain programs. Not everyone can get the degree or even start in a general direction of their desired career path for free. There’s a lot of red tape and this boils it down to person needing to work x amount of minimum wage to afford an average year of tuition.
urgjotonlkec t1_j4qc67h wrote
So basically it only applies to people with rich parents who are dicks and won't help them pay? That seems like a pretty esoteric concern. Especially because those people could get loans and pay after they graduate and have a higher income.
ReaderSeventy2 t1_j4qepxz wrote
>The income limit for an automatic zero expected family contribution is $27,000.
https://www.bestcolleges.com/student-finance/fafsa-income-limits/
urgjotonlkec t1_j4qftnz wrote
AKA: More than minimum wage.
theredwoodcurtain t1_j4qh545 wrote
Yes, wages are so low in many places that a parent supporting a family on a single income falls below many means-tested thresholds.
$27k is $13 an hour, assuming 40 hour weeks 52 weeks a year with no days off. This is below minimum wage where I live.
urgjotonlkec t1_j4qhr04 wrote
Well yeah, that's the whole point of having a means tested benefits program. If nobody qualified it would be pretty useless. But you can get subsidies up to an income of like $200,000.
theredwoodcurtain t1_j4qi13y wrote
Weird because it seems like you understand how these programs benefit low income people, but just two comments ago you said they were for the kids of rich people only.
urgjotonlkec t1_j4qi81v wrote
No, this GRAPH is only for rich people. It's pointless
[deleted] t1_j4qhes1 wrote
[removed]
chocobloo t1_j4qekwe wrote
Loans and cost of schooling is such a trap these days that being a plumber is more profitable long term than something like a doctor.
For profit education is a scam and so are the loans that support it. The fact that anyone would spout such garbage in support of it is kind of a weirdly fitting example of how little education the average person gets these days.
urgjotonlkec t1_j4qg3ox wrote
That's nonsense. The average individual with a college degree earns over a million dollars more in their lifetime. The average student loans are only $30,000 and that's ignoring all the people with no loans at all. There is no better investment a person in this can make than their own education.
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