College Selection, Finds Survey, Often Coming Down To Cost

By Cornelius Nunev


A study by scientists at the University of California, Los Angeles found that cost is becoming more of an issue in university selection. This shouldn't be too surprising, as federal loan funding is drying up as tuition is going up, alongside the truth that it should be in the first place.

UCLA study says price matters in college selection

Many things have to be considered when choosing a university. The decision could impact the rest of your life. It is important to pick a school with the right academics so your degree is worth something in the end. It is also essential to pick a school with a good campus life, such as sporting events and whatnot. Distance from home is an especially important thing to many people. They either want to stay close to home or want to get as far away as possible.

Co-ed colleges are pretty important to most college students.

When someone can get a degree for cheaper someplace else, it is very important to do that whenever possible, according to USA Today. A recent UCLA study was done showing that most students now consider the cost of school when choosing a university.

Almost all freshman

The survey looked at 193,000 responses from students at 283 colleges. A couple of years ago, only 62.1 percent of respondents based their decision on economic factors, but that number increased to 66 percent.

The deciding factor was price of attendance for 43.3 percent of respondents. The unaffordable price was cited by 13.4 percent while 9.5 percent said it had to do with a lack of financial aid.

They should

It bloody well should be a factor in university selection. Those costs are increasing. The University Board, according to the Wall Street Journal, found as of 2012 tuition has gone up by 13 percent since the 2007-2008 school year at non-profit private colleges, inflation-adjusted, but a whopping 27 percent at public universities.

It is also essential to look at the net being paid since more colleges are offering grants and scholarships. There was actually a 4 percent decrease in what students actually paid out of pocket for private non-profit universities and an 18 percent increase for public colleges and universities, which is not nearly as bad as you may think. People end up getting more loans as seniors though since most colleges offer more grants and scholarships in the beginning.

No jobs for graduates

The thing about college is that armed with a degree, one is that much more likely to stay in work their whole life. Joblessness is lower among college graduates, last year's figure, according to the Huffington Post, was 4.4 percent, about two-thirds of the overall unemployment rate. Estimates for combined recent graduate unemployment and underemployment ranged as high as 53 percent, according to a 2012 article in the Atlantic.

According to CNN, a study by the Project on Student Debt, part of the Institute for University Access and Success, found that as of 2011, almost two-thirds of all grads did so with student debt. The average debt was $26,600.

With the bad joblessness rates and students having more debt, it makes sense that they would be more concerned with the cost of school.




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