I won't comment on how insane you have to be to pay $50,000 for a year of college. I just won't.
I know of someone that went to a private "Art" school. Costs about $60k per year. They were ecstatic because they received biggest scholarship in their high school of $16k per year for four years. The $16k scholarship came from the school charging them $60k. I'll let you think that one through.
Anyway, gradated last spring with a mountain of debt and working at a near minimum wage job not doing anything remotely related to their trash degree.
I personally tried to tell them they were stupid before they chose it, but they shrugged it off. "Ill be in debt the rest of my life who cares, I'll be doing what I love." Which is the advice they heard from all of their teachers, friends, and parents... "Just do what you love."
Sorry end rant. It was someone close to me and makes me sick to think about.