A study by experts at the University of California, Los Angeles found that cost is becoming more of a factor in university selection. This shouldn’t be too shocking, as federal loan funding is drying up as tuition is going up, alongside the fact that it should be to begin with.
Price an essential factor
There are a ton of things to consider when choosing a university. Clearly, academics should be the number one thing a person looks at when choosing a school, but it also has a lot to do with the Campus life. That consists of all sporting events. People also consider distance from home and just how much time they will have to spend to make trips home.
If one is considering a university that isn’t really co-ed adidas superstar oro e nere , it’s also going to get pretty lonely.
Another consideration is cost. According to USA Today, a recent UCLA study found it is fast becoming the largest factor in university selection. It should be; one shouldn’t pay more for a degree that’s just as good someplace cheaper.
Many have to consider it
The survey looked at 193,000 responses from students at 283 colleges. A couple of years back, only 62.1 percent of respondents based their decision on economic factors, but that number increased to 66 percent.
The deciding factor was cost of attendance for 43.3 percent of respondents. The unaffordable cost was cited by 13.4 percent while 9.5 percent said it had to do with a lack of financial aid.
Needs to be considered
It bloody well should be a factor in college selection. Those costs are increasing. The College Board, according to the Wall Street Journal adidas superstar bianche e oro , found as of 2012 tuition has gone up by 13 percent since the 2007-2008 school year at non-profit private colleges, inflation-adjusted, but a whopping 27 percent at public universities.
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.
Not the best graduation time
The thing about college is that armed with a degree, one is that much more likely to stay in work their whole life. Unemployment is lower among university graduates adidas superstar tutte nere , last year’s figure, according to the Huffington Post, was 4.4 percent, about two-thirds of the overall unemployment rate. Estimates for combined recent graduate unemployment and underemployment ranged as high as 53 percent, according to a 2012 article in the Atlantic.
A 2011 Project on Student Debt survey showed an average debt of around $26,000 and about two thirds of graduates having student loans adidas superstar tutte bianche , according to CNN.
With the bad unemployment rates and students having more debt, it makes sense that they would be more concerned with the cost of school.
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