Before Choosing a College or Career

BEFORE CHOOSING COLLEGE.OR CAREER College can be expensive, but choosing the wrong school or wrong major makes it significantly more expensive 64% OF COLLEGE STUDENTS DID NOT COMPLETE A BACHELOR'S DEGREE WITHIN 4YEARS 2-5 ONLY about IN GRADS (39%) Said they had thought about joh opportunities when they decided what to MAJOR in %24 Musician Artist Doctor Accountant Police Officer 37% OF COLLEGE GRADS SAY TΗΕΥ WISH THEY HAD CHOSEN A DIFFERENT МАЈOR 48% 0/ UTILITES PAYMENT OVERDUE Say that paying off YOU UNDERPAYER RE 123RD ST COLLEGE DEBT KANSAS CITY MO GK7 made it harder other bills to pay OF COLLEGE BORROWERS SURVEYED... 40% DELAYED MAJOR PURCHASES 27% MOVED IN WITH PARENTS 24% SAY THEIR DEBTS HAVE AFFECTED CAREER CHOICES 14% DELAYED MARRIAGE 2011 THE AVERAGE BORROWER OWED $26,600 After Graduation in The average student graduates from a Private College with about $30,000 in debt FOR THE 2010-11 ACADEMIC YEAR annual current dollar prices for undergraduate tuition, room, and board were estimated to be $13,600 $36,300 $23,500 PUBLIC PRIVATE for-profit PRIVATE not-for-profit institutions institutions institutions 10 Most expensive schools 1. Sarah Lawrence College – $61,236 6. Claremont McKenna College – $58,065 2. New York University – $59,837 3. Harvey Mudd College - $58,913 4. Columbia University – $58,742 5. Wesleyan University – $58,202 7. Dartmouth College - $57,996 8. Drexel University- $57,975 9. University of Chicago - $57,711 10. Bard College - $57,580 STILL paying off More than 50 are 7 MILLION People over the age of STUDENT LOANS according to the NY FED There's over TRILLION DEBT in the USA Dollars in student loan and that total is growing by $3000/second Sources http://www.usatodayeducate.com/staging/index.php/blog/top-10-most-expensive-colleges Source:http://www.wallstreetoasis.com/blog/the-5-most-common-regrets-of-young-adults Source:http://economix.blogs.nytimes.com/2012/05/14/regrets-about-college/ http://www.businessweek.com/articles/2012-09-06/student-loans-debt-for-life http://pewresearch.org/pubs/1993/survey-is-college-degree-worth-cost-debt-college- presidents-higher-education-system http://www.businessweek.com/news/2012-12-19/regulating-u-dot-s-dot-colleges-for- student-debts-seen-winning-support http://nces.ed.gov/fastfacts/display.asp?id=76 http://money.cnn.com/2012/10/18/pf/college/student-loan-debt/index.html CEX