Tuesday, December 8, 2009

Economy Forces College Hopefuls to Lower Sights

How will the current economic situation affect your choice of schools?

10 comments:

  1. The current economic situation is one reason why I would prefer to attend college nearby, as mentioned in the article, so I can live at home. But though money is a contributing factor, my primary reason behind this decision is my desire to stay near my family.

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  2. I know my family will be able to afford my college education and that we have been planning for this since I was born by creating savings accounts and other such "investments." I realize that college is expensive, and I do not want my family to be paying millions of dollars to send me to school...I think my best choice is to stay home for the first two years and go to a local college and then graudate up to a higher level university. This works both economically and personally for me. The causing fctor is more to stay home, not money

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  3. I still have another year until I go off to college. I am planning now and finding scholarships to help me pay for my college years. I am planning to become a doctor which will cause for me to have to be in school for more years and it will cost a lot more money. I am planning on going to a school close by for my first two years and then transfer to a state university. This will one help lower the cost on some of the standard classes that I will have to take which will not matter where I take them and two on the room and board fee. If I were to live on campus my freshman year I would probably have to pay for a meal plan. I will also have to pay a large room fee, but if I stay home for my first two years it will only cost for gas. So, I will most likely stay at home for two years and then move, unless I can get enough money in scholarships and grants.

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  4. The economic crisis is definitely impacting college choices. They've already cut down the funding for Bright Futures Scholarships for my graduating class, so I'll get less money than other graduating classes for just as much effort put forth.

    I know that my parents can support my college tuition, whatever it is, but I'm not even considering any college that isn't a public Florida college. Anywhere else is just too expensive. And I know next year I'll be applying for plenty of scholarships to make the monetary burden on my parents that much less.

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  5. The tough economic times have made my chances of affording a high calibur school much more attainable. My dream school is Columbia University in NYC, and I've found that they are actually handing out more financial aid than ever this year. Prior to this, I never would have been able to afford it! Top schools often have rich benefactors, the benefits of which pay off big-time for students.

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  6. Not that much, though I would say my initial mind-set of applying to colleges (when that time comes for me) was rather frugal to begin with. I'm only applying to in-state colleges, and have no real desires to venture out of state for undergrad. My top two college picks are New College of Florida and UF, so I think I am the main determinant in my future in that I'm going to try and score high on the SATs to achieve full coverage from Bright Futures, and my parents have put money into Florida Pre-Paid for five years so if i do get full tuition coverge from Bright Futures, the Florida Pre-Paid would go towards variable costs like housing and food. I think my real economic hardships will come after college in grad-school when I start to go off on my own.

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  7. The current economic situation has definitely affected my choice of schools. I have not even applied to any out-of-state schools simply because of the expenses, although I would love to travel and go somewhere new. I will wind up going to an state school here in Florida, and luckily I have Bright Futures and Florida Prepaid. Garrett made a good point by stating that you have an impact on where you go. This is true, but to some extent the economic crisis that we're enduring even trumps whatever scores we receive on our SATs. Colleges are becoming more and more selective because a higher number of students are applying to stay in-state. So, it is good to get high scores, but the ratio of student selected to students who applied has dropped dramatically.

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  8. The economy has definitely narrowed the number of college choices, which can be considered a good or bad thing. Like Kelsey, I too have a weekend job in hopes of saving up enough to lessen the burden of college expenses. I was hoping to apply out of state, but just the living expenses break the budget. So it's all in state for me. But once again, this can also be seen as a good thing. For one, it allows me to stay closer to home, and it will make it easier to save a few pennies.

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  9. The economic status not only restricted the choices of colleges, but it's also making me double think about attending a community college for the first two years. Apparently everyone’s parents can afford their college tuition where ever it is they choose to go, but unfortunately my mom is the only one supporting me and she won’t be able to afford just any college. Hopefully I will get Bright Futures and financial aid. I am also applying to a couple scholarships which will help out a lot. I never wanted to go too far away anyways because I’m very family oriented. I want to stay close enough where I can visit my family at any time.

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  10. It wont, my family has been responsible and has saved enough money to put me through college, amazing how some people in this world don't need the government to do everything for them right?

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