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10 Things You Won’t Learn on Your College Tour

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1. 80% of college-bound students have not picked a major when they are selecting a school.  Dr. Fritz Grupe

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2.  50% of those who declare a major change it once and many change two or three times.

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3.  Six years after starting college 40% have not completed a degree program.

 

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4. Try asking for the total cost to receive your degree on your college tour.
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5. In 2013, the average price for one year of attendance  at public universities was $18,391 and at private universities it was $40,917. Based on the price for one year of  attendance,  a degree completed in four years costs an average of $73,564 at public universities and $163,668 at private universities.

 

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6.  Some public universities charge prices well above average, even for in-state students.  At the University of Virginia the first-year cost of attendance in 2014 is $27,208 for an in-state student, for a projected four-year degree cost of $108,832.  At the University of Southern California, the first-year cost in 2013 was $68,865 for a projected four-year degree cost of $275,460

 

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7. The total sticker price to receive your degree is  likely to  increase three times if you graduate in four years and five times if you graduate in six.

 

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8. The average student loan debt upon graduation in 2014 was $33,000. 

 

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9.  Avoid the college debt crisis. Unlike credit card debt, your car loan or home mortgage you always have to repay your student loan— even if you file bankruptcy.

 

10. A change in major is likely to add one or more years to your education and an additional average price increase of between  $18,391 to $ 40,917 based on the average cost of attendance for 2014.

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