U of M announced a new program allowing baby boomers to take classes for 10$ per credit… the average student spend 25,000$ on a four year degree at the same school.
MINNESOTA — The average amount of student loan debt a graduate has from the University of Minnesota-Twin Cities is $26,568. That number is even higher for graduates of the state’s other public universities.
That may explain the outrage that poured after NBC Nightly News produced a story on how baby boomers — people born between 1944 and 1964 — are taking classes at the University of Minnesota for just $10 per credit.
So its a matter of jealousy.
First, unlike what some in the article were complaining about, a four year education for less than 27k is not “unaffordable”.
Second, some seniors might take a handful of courses…how many are going to get a full four year college education?
I’m not favoring necessarily Minnesota’s give away to senior, I’m just not favoring the whining about it.
This about the school looking to make some extra cash. They are trying to attract a clientele to their product who would otherwise have no interest in it at their usual rates.