Saturday, October 15, 2005

Some Facts On The Price Of College

While the news is always putting forth headlines of huge college expenses, they have to be taken into context. Yes, there are some colleges that cost a small fortune to attend, but these statistics that I found from Collegeboard.com are a bit more reassuring that college can be affordable:

...nearly 70 percent of students attending four-year schools pay less than $8,000 for tuition and fees per year? After grants are taken into consideration, the net price the average undergraduate pays for a college education is significantly lower than the published tuition and fees.

About 50 percent of students attending four-year colleges pay less than $6,000 for tuition and fees per year.

About three quarters of students attending public four-year colleges pay less than $6,000 for tuition and fees per year.

Only about 5 percent of all students attend colleges where tuition and fees total $24,000 or higher per year.


and just to let my mom and dad know that I've been listening

According to U.S. Census Bureau statistics, people with a bachelor's degree earn over 70 percent more on average than those with only a high school diploma? Over a lifetime, the gap in earning potential between a high school diploma and a B.A. (or higher) is more than $1,000,000.


These make saving for college and the prices I'll have to pay seem a little less daunting.

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