Posts Tagged ‘college’
Thinking About Out-Of-State Public Colleges? Some Things to Consider Before You Do
Author: iloesy
When it comes to choosing colleges, if you’re looking at Out-Of-State Public Colleges, you need to keep some things in mind and tread with care. Here’s why:
When you are a non-resident student at these colleges, you are at a distinct disadvantage. Scholarships, grants and financial aid at these colleges are “hoarded” for in-state students. The premium charged to you, the out-of-state student is designed to help the in-state students.
What this means for you is that you MUST be prepared for unexpected and erratic tuition increases during your college years if you choose to attend an out-of-state public university.
Don’t want to take my word for it? New York passed a 14% mid-year increase at its public colleges and universities, and, according to Nick Johnson of the Center on Budget and Policy Priorities in Washington noted that, “In previous recessions, state-supported institutions have raised tuition between 8 and 10 percent annually for several years running.”