Price should always be an issue in university selection, though a fair number of students are aware of this. A recent survey of recent freshmen by experts from UCLA found it is becoming a very big factor in their choice of alma mater.
Cost an essential factor
College selection is a pretty large deal. There are a ton of things to consider. Distance from home is a large one. Getting there, moving in and subsequent trips home during the holidays involves a ton of logistics. Academics are another, as one certainly doesn't want a worthless degree from a diploma mill and certain colleges are known for specializing in particular fields. Campus life is another, because quite frankly university can get uninteresting.
It may be a bad idea to pick a university that is not co-ed.
Another consideration is cost. According to USA Today, a recent UCLA study found it is fast becoming the largest factor in college selection. It should be; one shouldn't pay more for a degree that's just as good someplace cheaper.
Over half look at money
UCLA researchers polled almost 193,000 freshmen from 283 colleges, finding that 66.6 percent responded that economic conditions were an issue in their decision. The same study conducted two years back found 62.1 percent of respondents asserted that then.
About 43.3 percent said they looked at the price of attendance. About 9.5 percent said a lack of financial aid helped them decide while 13.4 percent said the decision had to do with it being unaffordable.
Should be looked at
It bloody well should be a factor in university selection. Those costs are increasing. The University Board, according to the Wall Street Journal, found as of 2012 tuition has gone up by 13 percent since the 2007-2008 school year at non-profit private colleges, inflation-adjusted, but a whopping 27 percent at public universities.
They may not pay the whole amount, though. Most universities contribute some financial aid and as a result, the net price, what students actually paid, increased by18 percent for public universities and colleges and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some kind of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
Grads going without work
The thing about college is that armed with a degree, one is that much more likely to stay in work their whole life. Joblessness is lower among university graduates, last year's figure, according to the Huffington Post, was 4.4 percent, about two-thirds of the overall unemployment rate. Estimates for combined recent graduate unemployment and underemployment ranged as high as 53 percent, according to a 2012 article in the Atlantic.
A 2011 Project on Student Debt survey showed an average debt of around $26,000 and about two thirds of grads having student loans, according to CNN.
With the bad unemployment rates and students having more debt, it makes sense that they would be more concerned with the price of school.
Cost an essential factor
College selection is a pretty large deal. There are a ton of things to consider. Distance from home is a large one. Getting there, moving in and subsequent trips home during the holidays involves a ton of logistics. Academics are another, as one certainly doesn't want a worthless degree from a diploma mill and certain colleges are known for specializing in particular fields. Campus life is another, because quite frankly university can get uninteresting.
It may be a bad idea to pick a university that is not co-ed.
Another consideration is cost. According to USA Today, a recent UCLA study found it is fast becoming the largest factor in college selection. It should be; one shouldn't pay more for a degree that's just as good someplace cheaper.
Over half look at money
UCLA researchers polled almost 193,000 freshmen from 283 colleges, finding that 66.6 percent responded that economic conditions were an issue in their decision. The same study conducted two years back found 62.1 percent of respondents asserted that then.
About 43.3 percent said they looked at the price of attendance. About 9.5 percent said a lack of financial aid helped them decide while 13.4 percent said the decision had to do with it being unaffordable.
Should be looked at
It bloody well should be a factor in university selection. Those costs are increasing. The University Board, according to the Wall Street Journal, found as of 2012 tuition has gone up by 13 percent since the 2007-2008 school year at non-profit private colleges, inflation-adjusted, but a whopping 27 percent at public universities.
They may not pay the whole amount, though. Most universities contribute some financial aid and as a result, the net price, what students actually paid, increased by18 percent for public universities and colleges and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some kind of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
Grads going without work
The thing about college is that armed with a degree, one is that much more likely to stay in work their whole life. Joblessness is lower among university graduates, last year's figure, according to the Huffington Post, was 4.4 percent, about two-thirds of the overall unemployment rate. Estimates for combined recent graduate unemployment and underemployment ranged as high as 53 percent, according to a 2012 article in the Atlantic.
A 2011 Project on Student Debt survey showed an average debt of around $26,000 and about two thirds of grads having student loans, according to CNN.
With the bad unemployment rates and students having more debt, it makes sense that they would be more concerned with the price of school.
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