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Tuesday, February 10, 2009

How much does it really cost to go to college?

By Samantha Asher

A college education can range from being free with a full ride scholarship or just a few grand at a two year community college to hundreds of thousands of dollars at a top private school for 4 years or more including graduate school. College is not cheap and tuition has gone up considerable over the past several years.

How can one school charge $30,000 a year when a state school is charging about $6,000 a year or less? How does that make sense? Are the more expensive schools really that much better? Are those going to a state school getting an inferior education?

State schools are cheaper than private schools, but this doesn't mean they are of any less quality. The reason why they are cheaper is because the state colleges get money from the government which allows them to charge you less.

State schools are government sponsored, meaning they get money from the government like public primary and secondary schools. This allows them to charge considerably less for tuition. Private schools get no money from the government. They rely 100% on the tuition and fees they get from enrolled students to fund everything.

When you are searching for college, you should only look at tuition for affordability. Don't look at it as a means of deciding how good the school is. Pricier schools are not superior to cheaper schools. In some instances, the more expensive schools are worse. They waste tons of money on things you don't need such as beautiful buildings and first class lunches. You should be going to a college for a great education, not to live like a King.

Begin by deciding what major and career you are interested. Check to see if the schools you are looking at have the necessary departments. Then, ask others, such as friends and potential employers, which school has the best graduates and the most jobs after college. Ask people who went to the schools how they liked it.

Don't listen to the gossip you hear at school or anywhere else. You catch a lot of 'well I heard this...' Don't count on what other people 'heard'. Some people will bad-mouth a school simply because they weren't accepted. Listen to people who actually know something about the school.

Money isn't everything. Search for the school with the best education and programs. Going to a more expensive school won't get you a better job, but it will increase your loans causing a decrease in your salary for many years until you are able to pay them off for good.

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