How to Choose a College or University For Best Future

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Colleges and universities recommended by major publications, most American students can not afford. Several national magazines publish the best colleges and universities in the U.S. each year. All from the list of top universities have one thing in common costs, extremely high. Because the cost is so high, most Americans can not afford to attend so-called “best schools” unless they buy a debt from school loans out of control or a full scholarship for 4 years. My first consideration for choosing a college or university, and what should be the number one consideration for most, is simply “cost.”

Not taking into account the “cost” can cost you misery later in life, in the coming years. If a student is poor or middle income choose one of the “better schools”, the balance of the loan after graduation from school would be abuses. Because, even after the amortization over 20 years, the monthly payment is not possible with most jobs entry level in the U.S. You read that right, I said 20 years. Many students find that they have school loans amortize over 20 years to get something manageable payment option. Many graduates have more payments as the mortgage loan payments from school when a school is chosen wisely, will not happen.

Also, if one of these students choose to defer loans for graduate school, the balance could easily double existing atrocious. Interest payments are charged to the account balance, even if the loan is deferred.

This being the case, what must first consider in choosing a college for you or your child?

1. Cost

If the school does not have a reasonable and affordable cost for their income, or even think about attending, unless you can get a full scholarship. Maintain a full scholarship usually requires maintaining a B + grade point average.

Why burden yourself or your child with the debt you can pay or not? The burden would be so high their life would be miserable trying to make the monthly payment. Calculate the cost of a university includes a detailed analysis of registration (in the state and residents out of state), room and board, books, fees, costs just plane or car to get to and from school 3 times a year . Add an extra 2% to total to cover hidden costs. Some students choose schools that can not pay, graduating with a degree only to find your credit score so low that it disappears and is not a candidate for employment as a result of nonpayment of loans school.

Most financial aid packages include a mix of large school loans, small grants, work study, and the parents or the students’ contribution. The financial aid package usually includes only 70-80% of the total cost of poorer students, unless they were lucky to get one of the rare full scholarships.

Choosing a college without consideration of debt can make you and your child a lifetime drama of economic misery and unbearable tension. Not with an unsustainable debt burden and a low credit score to obtain a college education.

2. Culture

Culture is conducive to its formation? If not, can assimilate into the culture? Culture includes children of similar communities, things that make you enjoy your religious facilities to attend, and acclimated to severe weather are not used much. Some straight-A students attend colleges that are so culturally different from their training that they have a hard time, so their grades suffer as a result.

3. Academic level

Is the school accredited by the local, state and federal academic boards? This information is available from your high school counselor or the state board of education.

4. The main fields

Does the school have a large variety of fields, so you can choose a second or third option, if you discover you do not like your first choice?

5. Type of School

Understand the different types of schools available. It is your choice of school in a state public university, a private university or a school for profit?

The best value for your education is a public university in the state. Public schools are subsidized by taxpayer dollars for children in the state can get a quality education at an affordable price.

Private colleges are usually owned by churches and organizations. For-profit colleges and universities are usually owned by corporations. Both options can be very expensive, with lots of hidden costs. Do your research before considering a college or university. Understand that most universities have tuition increases each year, which should be figured into the ongoing annual cost.


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