Is Private College Worth It? Or Is It Just Another Scam?
Erin Wallace is 25 years old and almost $200,000 in debt. And it’s not because she recently bought a house, or is carrying a huge credit card balance. Instead, it’s because she decided to become a teacher. Wallace received both her undergraduate degree and her masters in education from Ithaca College, a private college with a tuition of almost $50,000 a year for undergrad, $20,000 a year for grad school. Now, three years after graduating, the monthly student loan payment on Wallace’s private loa