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Nobody Ever Dies for Dear Old Rutgers

Nobody Ever Dies for Dear Old Rutgers

The title of this piece was the ironic “fight song” of my alma mater. Rutgers is the state university of New Jersey, fortunately a great school because it was one of the very few places I could afford to attend. Even with a scholarship, I had to take government loans to pay the $350 per semester tuition.

The Wall Street Journal ranked the 25 best schools in the country yesterday in terms of business finding top recruiting talent. Rutgers finished 21st (3rd in business) and was one of only 7 state schools in the listing, finishing ahead of Notre Dame, MIT, USC, et. al.

Tuition today is $12,000, still a bargain. I paid off my loans at about $60 a month for four years, as I recall, interest free.

And so far, this year, the football team is 2-0.

© Alan Weiss 2010. All rights reserved.

Written by

Alan Weiss is a consultant, speaker, and author of over 60 books. His consulting firm, Summit Consulting Group, Inc., has attracted clients from over 500 leading organizations around the world.

Comments: 5

  • Tim Wilson

    September 15, 2010

    $350 for tution, my goodness that’s the cost of one text book today.

  • Alan Weiss

    September 16, 2010

    Perspective is enlightening, isn’t it?

  • Skip Preble

    September 16, 2010

    Texas A&M was #2 on that WSJ list, and I was fortunate enough to be able to pay my way for undergrad and grad school without any student loans -I mowed lawns, landscaped buildings, waited tables, and slept very little – but it was SO nice to be able to buy a house 6 months after graduating, with no questions about student loans. For any young people listening out there – it can still be done, and I highly recommend it. You are essentially “bootstrapping” your most important business – YOU, Inc.

  • Tim Wilson

    September 16, 2010

    More than you know Alan.

  • Alan Weiss

    September 18, 2010

    I believe in debt if you can intelligently plan to pay it off. That’s intelligent leveraging. If you can do things without debt, fine, but I’m not about to pay cash for exotic cars!

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