Lots of people choose to enter the professional world instead of heading to a 4-year college due to the ridiculous price tag and uncomfortable job market. The prospect of spending over a hundred thousand dollars on your education, only to join the over 8% unemployed Americans is not an attractive option; however, even without including the lifestyle benefits and forced maturation process, college is much more affordable than it seems to be at first glance.
According to the infographic below, only 1 in 3 students actually pays the full, published tuition price. From scholarships and federal aid to private grants and state aid, students, on average, pay less at a 4-year public institution than the average published price at a community college.
The advertised costs of college tuition have been rising significantly over the last 5 years, but the availability of financial aid has also risen. The average full-time student now receives $7,500 in total aid per year. This is before savings and loans are even touched. Basically, schools are raising the average tuition price for those who can afford it, and keep it low for those who cannot. So if you are looking to get a masters in human resources or finish your secondary education degree, now is the time to get started. If it’s the sticker price of a school that’s keeping you away, investigate your aid options before you turn down one of the best investment opportunities of your life.
Created by: Online University
