Will the Economy Really Change Students’ College Plans? Early Signs Say Yes

This year, both students and families are facing tough choices about where to go to college. According to the Chronicle’s article below, 29% of students from families with income less than $40,000 are staying close to home, compared with 16% of families in the $40,000-$100,000 range. Public universities, community colleges and other college alternatives, which offer great value for the dollar, are the most attractive from a practical stand point.

It isn’t where students go to college; it is what they do while they are there that counts. My oldest brother won a Rhodes Scholarship after graduating from the University of Arizona because he had worked as an intern for the Wall Street Journal, traveled for eight months through South America and Mexico and sought experiences which would really stretch him to grow. That is how he earned the Rhodes.

In these tough times, students can look to their own resourcefulness for the most interesting, unique experiences which can be their teachers outside of class, complimenting what they learn on campus.

Chronicle of Higher Education

High-school seniors have only until May 1 to decide where they will go to college. While it is still too soon to tell if widespread predictions that seniors will flock to lower-cost institutions were accurate, two new surveys and conversations with guidance counselors suggest that the economic situation is indeed playing a large role in students’ decisions.

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