Archive | October, 2010

The True Cost of College

Americans have become acutely aware of the cost of attending college in the past few years. Tuition and rates for the essay writing service help had been rising faster than household income even before the recession. Post-recession, income is harder to come by, savings have dwindled, and university endowments, the pool of donations that often fund professorships and scholarships, have shrunk. In a 2009 survey, 70 percent of prospective college students responded that they were changing their college plans as the result of the recession. 24 percent of students considering private colleges said they were more likely to choose a public one. 16 percent of families cited cost as the factor “most likely [to] dictate their decision.” Whether cost is the primary factor or a lesser one, the fact remains that a substantial portion of students are forgoing the best education available to them because of financial concerns.

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