College choice costs

| 1 Comment

Each year my hometown newspaper does a special feature at graduation time. Now, keep in mind that I'm from a town of about 1,200 peopleClick here to learn about third-party website links The paper publishes all the high school graduates' photos and includes their activities and honors, as well as their future plans.

As I read about the class of 2009, I had some interesting reactions: First (since I remember the birth of many of the graduates), am I really that old?

After that shock wore off, I started reading their future plans. To be honest, I got a little judgmental. So-and-so is going to a technical college to learn a trade. "Good for them," I thought, "saving money and getting the education you need." So-and-so is going to study elementary education at an expensive private school. "Well, that's not a smart choice," I thought, "probably over-borrowing considering their chosen field."

Obviously, there is much to consider when you're choosing your collegeClick here to learn about third-party website links You want to make sure that you'll feel comfortable on campus, that it's the right size, the right distance from home, etc. However, you also should make sure you're in the right price range for the degree you want to get.

Of course, there are some reasons you may want to attend a more expensive school that make perfect sense — like if your chosen program is one of the best around or if you were awarded a better scholarship package.

But if you're going to be borrowing $30,000 annually for four years to end up with a degree and a job that pays a maximum of $30,000, you might want to think again — and consider a lower-cost option.

How did cost fit into your college choice?

1 Comment

If I had known how much in student loans I'd be paying back, I would have never gone into the education field. Still, it's a rewarding profession!

Leave a comment

Please Note

By posting content on this Blog, you expressly grant Wells Fargo (and its affiliates) the right to use or distribute the posted content in any form, worldwide, and in perpetuity. You also agree to indemnify and hold Wells Fargo harmless against all liabilities, losses, claims and expenses arising from your posting of materials on this Blog (this includes any claim that Wells Fargo's use of the content or images infringes on someone else's intellectual property rights). Please read our Community Guidelines for more information.

If you have immediate service needs or require follow up, please contact your bank representative or relationship manager.

 

Student Loans

Get more info on loans, scholarships, and advice.
Or call 877-412-5321

Ask the Expert

Got a question on your mind? Ask one of our experts! Submit your question by email using the button below--we'll try our best to answer it.

Ask the expert

Recent Comments

  • GoforGreenGal: If I had known how much in student loans I'd read more

Archives