Definitely true...no one who "studied" aviation (myself included, unfortunately) at ERAU or UND has gotten a real education, unless being able to draw a picture of the 172R fuel system qualifies.

However, with ERAU's current tuition, estimated costs for 8 semesters can approach $150K:

Tuition and Fees $25,490
Average annual flight costs $ 10,000
Total, flight students $ 35,490, not including room and board.