When choosing a school to attend, cost is at the top of the list. With prices tags reaching up to $200,000 for private schools, is it really worth the cost to attend? Can your dream school quickly turn into a nightmare?
Before you apply, go over what your family can afford to contribute to your degree. Once you’re accepted, look through your financial aid package carefully and see what has been offered to you. Very few students pay the full price of tuition, so a good financial aid package can reduce costs dramatically.
A great way to look at this is tying your college costs to your future starting salary. If you’re majoring in business administration and the average starting salary for an entry-level career is $45,000, then that should be the maximum amount you should spend out-of-pocket for school, including loans.
Careers in hot areas like healthcare and IT command higher salaries and offer great returns on investment. Plus, with billions of dollars worth of scholarships and financial aid available, the price of your degree is well within your reach.
What are you waiting for?
Start your search now for schools and degree programs that give you the best bang for your buck!
Source: Your Friends at Fastweb.com
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