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 large factor in their choice of alma mater.
Deciding where to go depending on cost
Many things need to be considered when choosing a college. The decision could affect the rest of your life. It is very important to pick a school with the right academics so your degree is worth something in the end. It is also essential to pick a school with a good campus life, such as sporting events and whatnot. Distance from home is an especially significant thing to a lot of people. They either want to stay close to home or want to get as far away as possible.
It could be a poor choice to pick a university that is not co-ed.
A UCLA study was recently done showing that cost is beginning to become an important factor in choosing a school, according to USA Today. Definitely, it is essential to pay less for a degree, particularly if they can get it somewhere cheaper.
Almost all freshman
This survey was done two years back by UCLA researchers, 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 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.
Must be considered
It is really essential to look at the cost of college, especially as those costs are increasing. From the 2007-2008 school years, there was a 13 percent increase in tuition to 2012 at non-profits. That was 27 percent at public universities, which is a ton, according to the Wall Street Journal.
About 86 percent of incoming freshman in 2011-2012 school year got some kind of grant, though most schools require freshman to take out fewer loans than seniors. Still, the actual cost paid per student only increased 18 percent at public colleges and actually dropped by 4 percent at private non-profits. Most universities are offering more financial aid.
Graduates going without work
There are a lot of bonuses for people who get university education. Graduates generally have a lower unemployment estimated at around 4.4 percent, according to the Huffington Post, and people are much more likely to stay in work their whole life with the job. The problem that recent graduates are dealing with is actually getting the job though, according to a 2012 Atlantic article. In fact, the rate is about 53 percent for recent grads with unemployment and underemployment.
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.
With the bad unemployment rates and students having more debt, it makes sense that they would be more concerned with the price of school.
Deciding where to go depending on cost
Many things need to be considered when choosing a college. The decision could affect the rest of your life. It is very important to pick a school with the right academics so your degree is worth something in the end. It is also essential to pick a school with a good campus life, such as sporting events and whatnot. Distance from home is an especially significant thing to a lot of people. They either want to stay close to home or want to get as far away as possible.
It could be a poor choice to pick a university that is not co-ed.
A UCLA study was recently done showing that cost is beginning to become an important factor in choosing a school, according to USA Today. Definitely, it is essential to pay less for a degree, particularly if they can get it somewhere cheaper.
Almost all freshman
This survey was done two years back by UCLA researchers, 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 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.
Must be considered
It is really essential to look at the cost of college, especially as those costs are increasing. From the 2007-2008 school years, there was a 13 percent increase in tuition to 2012 at non-profits. That was 27 percent at public universities, which is a ton, according to the Wall Street Journal.
About 86 percent of incoming freshman in 2011-2012 school year got some kind of grant, though most schools require freshman to take out fewer loans than seniors. Still, the actual cost paid per student only increased 18 percent at public colleges and actually dropped by 4 percent at private non-profits. Most universities are offering more financial aid.
Graduates going without work
There are a lot of bonuses for people who get university education. Graduates generally have a lower unemployment estimated at around 4.4 percent, according to the Huffington Post, and people are much more likely to stay in work their whole life with the job. The problem that recent graduates are dealing with is actually getting the job though, according to a 2012 Atlantic article. In fact, the rate is about 53 percent for recent grads with unemployment and underemployment.
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.
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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