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Which should you prioritize, college at-home-ness, or tuition cost?

Like your dream, kinda expensive college, or one that's more affordable but you don't feel very t-home at. #college #finance #higher-education

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Paul’s Answer

Given the high cost of a college education, you're asking the right questions. Choosing a college is as much a financial decision as anything else. While studies show that people with a college degree make more over their careers, the cost of attending college cannot be ignored. Here are a few things to consider as you make your decision.

1. What is the average starting salary for someone with your major? How does that compare to the total cost of the 4-year degree?
2. How certain are you in knowing what you want to study? The less certain you are, the more sense a lesser expensive school might make for the first year or two.
3. Are you interested in joining the military for a few years to help pay for college?
4. How much debt will you need to take on to pay for school? Once done, will the average starting salary for someone with your degree cover your student loans, a car payment, rent, utilities, food, and some savings?
5. Does the more expensive school offer an edge (higher job placement rate, higher starting salaries) that justify the higher cost?

Best of luck with your decision!
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Arianna’s Answer

Hello Bella,


It really is not a question about prioritizing between college "at home" and tuition; they both go hand in hand. It is understanding the tuition cost for the college you want to attend, and understanding the financial aid that you maybe eligible for. Going to a college out of state will be more costly than choosing a college in your hometown. As an out of state student you will have a higher tuition cost until you meet the residency requirement of the state you are in. You also need to take into account if the University is private or public. Do some research into instate and out of state schools. If you are leaning towards an out of state school then get informed about the services the school has for out of state students.


Good luck!

Arianna recommends the following next steps:

Research the tuition cost for each college you are interested in.
If you are planning on going out of state, research the out of state tuition cost and residency requirement.
Get familiar with the financial aid process. Make an appiontment with your school's college office to discuss your financial aid.
Research scholarship. Scholarships are a great help when it comes to paying for college.
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Vickey’s Answer

If you are serious about college, there is always a way. You may need to attend a community college for the first two years or live at home to save money. Working a job or two might be in order. Before making any big decisions, try the recommendations below.

Vickey recommends the following next steps:

Contact high school counselor to discuss financial aid
Contact the college's financial aid office for information.
Search, search, search the internet for scholarships and other financial aid
Search your area of interest for available financial aid
Contact your state, many politicians support scholarships
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