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Survey Finds College Selection Frequently Down To Cost

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Price ought to always be an issue in university selection, though a fair number of students are aware of this. A recent survey of recent freshmen by experts from UCLA found it is becoming a very large factor in their choice of alma mater.

UCLA survey states cost matters in university selection

There are a lot of things to consider when choosing a university. Certainly, 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 consists of all sporting events. People also consider distance from home and just how much time they will have to spend to make trips home.

It may be a bad idea to pick a college that is not co-ed.

Another consideration is price. According to USA Today, a recent UCLA study found it is fast becoming the largest factor in university selection. It should be; one shouldn’t pay more for a degree that’s just as good somewhere cheaper.

A ton care about economy

This study was done two years ago by UCLA scientists, and it showed 62.1 percent of respondents made the decision based on economic factors. This year, the findings increased to 66.6 percent of students. About 283 colleges and 193,000 freshmen were interviewed.

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.

Students should look at costs

It bloody well should be a factor in college selection. Those costs are going up. The College 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 important 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 universities and colleges, which is not almost as bad as you might think. People end up applying for more loans as seniors though since most colleges offer more grants and scholarships in the beginning.

Not the best graduation time

The joblessness 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 really get the job, they are anticipated to keep working most of the time.

About two thirds of all graduates had student debt averaging around $26,600, according to the Project on Student Debt which did a study in 2011.

Students need to be more careful about picking a college considering the higher chances of getting debt and harder time of joblessness.

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