With student loan debt in the news, you may wonder if you afford to attend college. You can! But it requires being educated about college costs and options so that you can make informed decisions.
Ask yourselves the following questions:
- What is the earning potential for the field/career I am interested in?
- What is my true cost of attending college?
- Do I understand the difference between loan types?
- What is my true cost of borrowing and how can I lower it?
- What is my Return on Investment (ROI)?
Click on the Prezi presentation, “cliff” notes, videos and articles below to get more information, and be smart about college finances!
2016 Prezi Presentation
Click on the following link to see our 2016 presentation, “Paying for College”. It is full of valuable information! http://prezi.com/8li5tlhqrqpz/?utm_campaign=share&utm_medium=copy
Helpful Notes and Links
These ‘cliff notes‘ from our 2015 presentation can help you navigate helpful websites to calculate your Return on Investment (ROI) for you or your student’s college. Please be sure to check out the “Did you know?” section, too.
Check out these YouTube videos full of helpful information about college selection and ROI:
Student Debt IS $1.3 Trillion Dollars
With total student-loan debt over the trillion-dollar mark, WSJ’s Jason Bellini deconstructs how we got here and what it all means. (Please note that this video is from 2012 so some of the numbers are outdated).
Grading College by Student Debt
The U.S. government is supplying new data on the College Scorecard to help prospective students figure out which colleges offer the best bang for the buck. WSJ’s Jason Bellini has The Short Answer: Click here.
College Scorecard: http://collegecost.ed.gov
Are you thinking about taking out a federal student loan to help pay for college or career school? Check out this video to learn about your responsibilities as a borrower and what you should consider when taking out loans for college. Visit StudentAid.gov for more info.
Articles with more suggestions and information
Paying for College: 5 Things Every Family Should Know:
Student Debt: A Calculator Focused on College Majors:
Other Helpful Links
- Naviance – provided by AUSD as a tool to help parents and students
- collegecost.ed.gov (College Scorecard)
- finaid.org (Loan Calculator)