Research is clear: Going to college is the best path to a full career and middle class life. But recent headlines are increasing that some colleges and corporations are turning students into useless by taking advantage of the increasing demand for higher education.
Consider: Prosecutors have alleged that financial aid officers harassed students for unnecessarily expensive loans. Other colleges are being investigated for doing the same thing with study-abroad programs. Even the dramatic increase in textbook prices – which now give back about $ 1,000 per year to students on average – has raised doubts. And although Congress passed grants to needy students of just 25 percent by 2012, sticker prices are so high that even a degree from an unnamed state college can run $ 100,000 to many players today.
Just 25 years ago, college funding was as simple and low-pressure as the game of Go Fish – just a matter of finding a match and persevering. Today, it is like a high-stakes Texas hold em. In fact, the stakes of this college poker game may not be very high. Students who play their cards properly and earn a bachelor’s degree earn an average of over $ 1 million over their lifetime, who never even try college.
So what should one do to finance a college education? Well, there is no treasure that the valuable easily wins. It takes sacrifice, clever planning and hard work. But according to the show’s stories, students and parents, who are getting tougher and smarter, are winning the new college finance game. They are earning valuable degrees without much financial pain.
taking charge. Phoeb Rounds, who graduated from Yale in June, is the pawn of these new financially savvy students. Because his father is a public school teacher and his mother worked part time, Rounds needed a lot of financial support. So it used competition among black students to take advantage of thousands of dollars in additional grants from Yale.
Their system worked so well that, due to the displeasure of financial aid officials around the country, they helped organize a student group who began writing letters and made presentations to high school students about how, Can “leverage” and get more help from college colleges. All the way – not just the Ivy League. “It’s something that saves people thousands of dollars. They need to know that they have a choice.” Rounds states that the principle of levitation is simple and universal. “It’s a question of making sure you’re in charge of the process.”
Of course, this does not mean that high school students can make their way to the scholarship. As any good poker player knows, it helps to have an ace in the hole.