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CuriousQ makes great points here. Just a few tweaks . I know four recent college grads.

1. State U costs about $25K a year of which $10K is room and board.

2. FAFSA for poor kids is $5K a year. So if your folks don’t live in college town you’re at $20K a year.

3. Most of the poor kids I knew also worked odd jobs and ended up $40-$60K in debt after 4+ years (due to the jobs most went over by 1-2 semesters. Less than 40% finish college in 4 years)

4. All picked up STEM degrees.

5. Two are under employed ($11.50/hr) will need advanced degrees. One at $50K a year, one at $80K a year (masters in EE).

The under employed ones will need to live at home until they can move forward. But they’re genetics and biology majors.
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