Researchers from the University of California, LA, found in a recent study of freshman students that price is a massive factor in university selection. It should be. Tuition is increasing along with debt loads and joblessness for recent graduates.
UCLA survey states price matters in college selection
There are a ton of things to consider when choosing a college. Definitely, 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 includes all sporting events. People also consider distance from home and how much time they will have to spend to make trips home.
Co-ed colleges are pretty important to most university students.
A UCLA study was recently done showing that price is beginning to become an essential factor in choosing a school, according to USA Today. Certainly, it is important to pay less for a degree, especially if they can get it somewhere cheaper.
Almost all freshman
UCLA scientists polled almost 193,000 freshmen from 283 colleges, finding that 66.6 percent responded that economic conditions were a factor in their decision. The same survey conducted two years back found 62.1 percent of respondents asserted that then.
About 43.3 percent said they looked at the cost of attendance. About 9.5 percent said a lack of financial aid helped them choose while 13.4 percent said the decision had to do with it being unaffordable.
Must be considered
It is really essential to look at the price of university, particularly as those costs are increasing. From the 2007-2008 school years, there was a 13 percent increase in tuition to 2012 at non-profits. That was 27 percent at public universities, which is a ton, according to the Wall Street Journal.
They may not pay the whole amount, though. Most universities contribute some financial aid and consequently, the net price, what students actually paid, increased by18 percent for public universities and colleges and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some sort of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
Graduating into a world of hurt
The unemployment and underemployment rates combined equal about 53 percent of recent grads, according to the Atlantic. That is really bad news. The good news is that people with a degree in general end up with less joblessness, a rate at around 4.4 percent, and more job opportunities. As long as a recent graduate can actually get the job, they are expected to keep working most of the time.
A 2011 Project on Student Debt survey showed an average debt of around $26,000 and about two thirds of graduates having student loans, according to CNN.
Students have to be more careful about picking a college considering the higher chances of getting debt and harder time of unemployment.
UCLA survey states price matters in college selection
There are a ton of things to consider when choosing a college. Definitely, 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 includes all sporting events. People also consider distance from home and how much time they will have to spend to make trips home.
Co-ed colleges are pretty important to most university students.
A UCLA study was recently done showing that price is beginning to become an essential factor in choosing a school, according to USA Today. Certainly, it is important to pay less for a degree, especially if they can get it somewhere cheaper.
Almost all freshman
UCLA scientists polled almost 193,000 freshmen from 283 colleges, finding that 66.6 percent responded that economic conditions were a factor in their decision. The same survey conducted two years back found 62.1 percent of respondents asserted that then.
About 43.3 percent said they looked at the cost of attendance. About 9.5 percent said a lack of financial aid helped them choose while 13.4 percent said the decision had to do with it being unaffordable.
Must be considered
It is really essential to look at the price of university, particularly as those costs are increasing. From the 2007-2008 school years, there was a 13 percent increase in tuition to 2012 at non-profits. That was 27 percent at public universities, which is a ton, according to the Wall Street Journal.
They may not pay the whole amount, though. Most universities contribute some financial aid and consequently, the net price, what students actually paid, increased by18 percent for public universities and colleges and fell by 4 percent at private non-profits. Additionally, roughly 86 percent of incoming freshmen received some sort of grant over 2011-2012, though universities often front-load grants, meaning seniors get more funding from loans than freshmen.
Graduating into a world of hurt
The unemployment and underemployment rates combined equal about 53 percent of recent grads, according to the Atlantic. That is really bad news. The good news is that people with a degree in general end up with less joblessness, a rate at around 4.4 percent, and more job opportunities. As long as a recent graduate can actually get the job, they are expected to keep working most of the time.
A 2011 Project on Student Debt survey showed an average debt of around $26,000 and about two thirds of graduates having student loans, according to CNN.
Students have to be more careful about picking a college considering the higher chances of getting debt and harder time of unemployment.