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why people worry about how much collages cost
ok so im always hearing, on tv shows, "if we could afford it, i'd love to go to..bla bla bla..(name of university) and things like that, yet i often hear "all it takes is the good grades, and then there's always a fund, or a loan that will pay for university"
you know what im saying? llike if there's always a way to pay for the university of your choice, than howcome the wholeworld doesn't choose the best universities?? like ok, you'll be in dept for a while cause you have to pay back, but if you borrow ALOT and get into a awesome collage than you'll have a bigger chance of becoming something successful so you'll be able to pay back everything..am i making any sense? you know what im saying? like why is money a big issue for people who are choosing univerities or collages?
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Loans have huuuge interest rates. Like if you borrow $1, you will probably pay back like $1.10 or $1.25. If you borrow $100,000 (will cover about 3 years at the most expensive universities) then you will pay back $125,000. That's a huge problem. Debt is never good, and it can ruin your credit score. Also, if your parents have poor credit and you're a minor, well, you're kind of screwed.
And, awesome college doesn't necessarily mean that you'll go further. Plus, all colleges are awesome for someone. They all have their strengths. Cal State Northridge just isn't a good medical school. Med school isn't great for music. West Point isn't really an education college.
Unfortunately, you have been misinformed. Plus, it's getting harder and harder to get into good schools. The baby boomer years are going to be in college next fall, and child birth rates keep increasing.
You'll see when you get older.
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Because it's not that easy. There isn't always a way. If your just an average white male student with an average income your chances of any kind of financial help or scholarships is very slim.
And just because you graduate from a big school doesn't really help your chances of making more money. Say you want to be a teacher Going to a large school maybe help you find work faster yes but most teachers are all going to start out at the bottom and have to work their way up no matter where they go.
And you don't get to choose how much you can borrow. You are basically told. You apply for what you want and either get accepted or rejected for that loan.
Also who wants to be in debt all of their lives? Like my father went to a pretty small school and now works for a job where he gets payed pretty well and it still took him until he was in his late 30s to pay it all off. because you get a house and get married and have kids.
Like i would love to go to a private college but its $40,000 a semester for most of them compared to 10-20,000 i can pay at a state school for just as good of an education.
and finally who wants to be in a collage. Its just a group of pictures. I would much rather go to a collEge
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What you have to think about is the fact that there is a limited number of scholarships... it's pretty easy to get one, but in the U.S. university can be very expensive. Not only is there tuition, there's also living expenses if you're going to school far from your parents' house.
It's all a matter of cost-benefit. If you pay (for example) $6000 in tuition per year(about what mine was last year... Canada has reduced tuition for citizens) and you leave with a starting salary of $50 000 per year (the average starting salary for an engineering grad), then it's worth it. But, if you're looking to pay $20 000 dollars in tuition, and you're making the same amount as a grad (which is very possible) then it's not as worth it.
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Money = prestige. In a job interview, someone with a degree from Harvard will probably get the job before someone with a degree from a state school.
Now think of it this way. Lets say you want to be a teacher. Teachers genearlly don't get paid that much. If you take out a lot of money in loans, its going to take you a VERY long time to pay them back on a teacher's salary. This will put a huge financial strain on you and your family, if you have one. If you go to a less expensive college, you can probably get the same exact teaching job and have fewer loans to pay back. Life will be much easier for you. Sure, you can go to and Ivy League school and get an education degree there, but why would you if you didn't have to?
Universities that cost more use the myth that you are describing to get you to go there. It makes people start thinking like you are and want to spend more money on college. Sometimes its the right choice, sometimes its not. You're right, money isn't an issue in the sense that you are talking about, but a lot of the time, it is more sensible to go to a college that is less expensive.
If you can get the same education without losing much in prestige for half the price, then you might as well. That's the situation I found myself in. I was paying 32 thou for a private, out of state college when I could be paying 16 for a public in-state college that better suited the field I was going into and would make it easier for me to find a job upon my graduation.
Schools that are "the best" are harder to get into. You need to have higher overall intelligence. Some people just aren't smart enough to make it through and most others would rather not work as hard for the same degree someplace else.
All in all, it really depends on what you want to do with your life. There's no reason to put yourself through 4 or more years of extreme stress and unhappiness when you don't have to. You'll have no time for anything other than work, probably through your twenties. It may be worth putting your life on hold, but it may not.
I'm not saying that more expensive colleges are the wrong choice. You just need to decide what you are willing to do, what you need to do, what you should do, and what you want to do, in order to get the job that you want. I loved the private college that I went to. If I had kept my original major, I probably would have stayed there. You can't get a Marine Biology degree from just any old college. When I switched to teaching, staying at that private school was a waste of money.
Don't go to the best college. Go to the college that is the best for you.
I hope that I made sense and that I answered all your questions. Good luck in choosing your college. :)
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