Tuesday, December 6, 2011

6 Tips to Lower the Cost of College

College is expensive!

Just take the cost of tuition, room and board at Harvard College in 2011: a whopping $52,652. Add books and other expenses, and four years can top a quarter of a million dollars. And guess what? Harvard doesn’t even make it onto the top ten of Forbes’ list of the most expensive colleges in the U.S.

Few will go to Harvard, but the cost of attending more modestly priced institutions can cripple the budget of many American families. Fortunately, you can take steps to mitigate the damage.

Focus on Academic Performance in High School
Which should you focus on? Your son’s baseball performance, or his pre-calc homework?

Less than 2% of high school athletes will earn athletic scholarships. Yet, at many schools, more than 50% of students earn financial aid based, at least in part, on academic ability. Students and their parents hoping to defray college costs through scholarships should focus on academics, not athletics. Read More Here

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