Cost Of College Education Essay

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Signing up for college education is one of the best investments a person can make for his future. With college education, the social and educational horizons are expanded, allowing individuals to fully realize their full potential. But just like other investments, college education comes at a cost. As a student, it is important to know and understand the costs involved in attending college and getting a diploma. Here are some of the college and university expenses that an average student will face.

College tuition and school-related expenses

If you are just planning to send out college applications and drawing the budget, prepare yourself. College education is an expensive proposition, something that require careful research and preparation. According to Forbes, the most expensive college education can fetch as much as $68,000 yearly for an elite private college. The magazine estimated that if a student is going to attend college starting 2018, he may end up paying $334,000 to complete a four-year college degree. On average, colleges and universities in the United States will require more than $28,000 a year, which is still a huge amount for the average student. And since the cost of tuition is not expected to go down anytime soon, students and their parents are left with no choice but to find ways on how to fund their education. …show more content…

Student loans are available in the US, but this type of financial aid comes with some criticisms primarily the adoption of insensitive interest rates. This has led many enterprising students to consider other strategies to augment the approved loans, like joining paid survey programs and other online jobs. Virtual jobs and answering surveys appeal to college students since these can be done remotely and can be done any

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