Going to school now is MUCH more expensive that it was when you were there. Students now are expected to pay ~3x what you paid to go to an in-state university. If there isn't an in-state one that's good enough though (not everyone has a UT Austin), then they have to pay many times that to go to a public school in another state or a private school.
What are you talking about? UT Texas resident graduate tuition for the school of engineering is $5277 per semester for 9 hours. The degree requires 30. That works out to ~18k for the entire course of study.
So someone who takes classes for 3 years now has to pay $31,662 dollars, which is still significantly more than 13k. Also, I'm now realizing I misread your earlier post and you were completing your masters, not undergrad. I feel like the people racking up debt today are mostly doing it in undergrad, as graduate students usually pay little to no tuition and get a stipend.
If you take 9 credits per semester for three years you end up with 54 credits. You only need 30 for a Master's. Why would you do that?
> I feel like the people racking up debt today are mostly doing it in undergrad, as graduate students usually pay little to no tuition and get a stipend.
The person you were responding to specifically said their Master's degree cost $13,000 in tuition. How is undergrad relevant?