May 20, 2008

Rising College Costs & College Affordability

How much is college going to cost in another 4 years? 10 years? 17 years? Parents everywhere are wondering. Rest assured, this is a topic that will continue to stump even college presidents in the coming years. Robert Zemsky, at the University of Pennsylvania has some thoughts on the topic. First of all, like a jewelry store or a car lot, the price of tuition is not the amount you pay when you finally make your purchase. Financial aid, scholarships, and special programs are used to offset the cost.
When looking at your college choices, it is important to remember that the ticket price of the college is not the amount you will pay. As you narrow your options and determine to which colleges you should apply, keep an open mind and wait until the final verdict is in!

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