A survey by researchers at the University of California, LA found that cost is becoming more of a factor in university selection. This shouldn't be too surprising, as federal loan funding is drying up as tuition is going up, alongside the truth that it should be in the first place.
Do not forget about price
University selection is a pretty large deal. There are a lot of things to consider. Distance from home is a big 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 boring.
Co-ed colleges are pretty essential to most college students.
When somebody can get a degree for cheaper somewhere else, it is important to do that whenever possible, according to USA Today. A recent UCLA study was done showing that most students now consider the cost of school when choosing a college.
Over half look at money
This survey was done two years ago by UCLA scientists, and it showed 62.1 percent of respondents made the decision depending on economic factors. This year, the findings increased to 66.6 percent of students. About 283 colleges and 193,000 freshmen were interviewed.
About 43.3 percent said they looked at the cost 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.
Significant thing to consider
The Wall Street Journal reports that the price of tuition has increased by 13 percent since the 2007-2008 school years, and that is just at non-profit colleges. Public universities saw a 27 percent increase in the price of tuition, according to the College Board. This is why cost should be factor students consider when choosing a school.
They may not pay the whole amount, though. Most universities contribute some financial aid and consequently, the net price, what students actually paid, increased by18 percent for public colleges and universities and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some sort of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
No jobs for graduates
The unemployment and underemployment rates combined equal about 53 percent of recent grads, according to the Atlantic. That is really bad news. The good news is that people with a degree in general end up with less unemployment, a rate at around 4.4 percent, and more job opportunities. As long as a recent graduate can really get the job, they are anticipated to keep working the majority of the time.
A 2011 Project on Student Debt study showed an average debt of around $26,000 and about two thirds of graduates having student loans, according to CNN.
Students need to be more careful about picking a college considering the higher chances of getting debt and harder time of unemployment.
Do not forget about price
University selection is a pretty large deal. There are a lot of things to consider. Distance from home is a big 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 boring.
Co-ed colleges are pretty essential to most college students.
When somebody can get a degree for cheaper somewhere else, it is important to do that whenever possible, according to USA Today. A recent UCLA study was done showing that most students now consider the cost of school when choosing a college.
Over half look at money
This survey was done two years ago by UCLA scientists, and it showed 62.1 percent of respondents made the decision depending on economic factors. This year, the findings increased to 66.6 percent of students. About 283 colleges and 193,000 freshmen were interviewed.
About 43.3 percent said they looked at the cost 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.
Significant thing to consider
The Wall Street Journal reports that the price of tuition has increased by 13 percent since the 2007-2008 school years, and that is just at non-profit colleges. Public universities saw a 27 percent increase in the price of tuition, according to the College Board. This is why cost should be factor students consider when choosing a school.
They may not pay the whole amount, though. Most universities contribute some financial aid and consequently, the net price, what students actually paid, increased by18 percent for public colleges and universities and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some sort of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
No jobs for graduates
The unemployment and underemployment rates combined equal about 53 percent of recent grads, according to the Atlantic. That is really bad news. The good news is that people with a degree in general end up with less unemployment, a rate at around 4.4 percent, and more job opportunities. As long as a recent graduate can really get the job, they are anticipated to keep working the majority of the time.
A 2011 Project on Student Debt study showed an average debt of around $26,000 and about two thirds of graduates having student loans, according to CNN.
Students need to be more careful about picking a college considering the higher chances of getting debt and harder time of unemployment.
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