A majority of students and parents said their biggest concern was the “level of debt to pay for the degree,” followed by “will get into first-choice college, but won’t have sufficient funds/aid to attend.”
What is your greatest concern about college?
Cost. Financial considerations often are the driving factor behind a student’s decision to go to college and which school to attend, according to a survey by independent think-tank New America.
What are the top 3 major problems concerns issues specifically for college students?
Common Issues for College Students.
- Social anxiety, general anxiety, test anxiety, or panic attacks.
- Family expectations or problems.
- Depression, lack of energy or motivation, hopelessness, being overwhelmed, low self-esteem, homesickness, loneliness.
What factors can affect the cost of college?
Tuition: The price you pay for taking college classes is based on the academic program you choose. Tuition is also affected by selecting a school in the state where you live, and by whether the school is public, private, for-profit, or non-profit. Fees: Academic programs may have additional fees beyond tuition costs.
What is the biggest problem with student loans?
In the simplest terms, student borrowers are in crisis due to a rise in average debt and declining average wage values. In other words, a significant portion of indebted college graduates and non-graduate borrowers are unable to repay their debts.
What are students worried about?
Parent/Family, Friends & Fitting In are the other topics which are nearly always in the top 3 of concerns. Body Image & appearance gets a regular mention, but still only 50% of the time which is strange. Spots/Acne gets only a couple of mentions, but for some kids this is clearly a source of anxiety.
What is one thing you can do to manage your debt while in college?
Explore alternative plans, deferment, and loan forgiveness (or discharge) to help you along the way.
- Calculate Your Total Debt.
- Know the Terms.
- Review the Grace Periods.
- Consider Consolidation.
- Hit Higher Loans First.
- Pay Down Principal.
- Pay Automatically.
- Explore Alternative Plans.
What concerns do you have about college?
Ten Common Problems Students Face in College
- Time Management. Problem: College is academically challenging.
- Debt. Problem: Tuition costs are rising at alarmingly high rates.
- Spreading Yourself Too Thin.
- Homesickness.
- Depression.
- Sickness/Health Conditions.
- Social Problems.
- Partying.
What are three common issues that students at a college or university face?
9 Common Problems Students Face During University Life
- Adjusting to a New Life.
- Homesickness.
- Pressure Arising from Studies.
- Education Costs.
- Finding a New Set of Friends.
- Housing Problems.
- Time Management.
- Choosing Your Preferred Major.
Why is college so expensive?
There are a lot of reasons — growing demand, rising financial aid, lower state funding, the exploding cost of administrators, bloated student amenities packages. The most expensive colleges — Columbia, Vassar, Duke — will run you well over $50K a year just for tuition.
Why is the cost of college a problem?
To pay for these ever-increasing costs, students are borrowing more money and taking on more and more debt. American colleges and universities are failing in one of their most basic missions: to equip students with the tools they need for a career.
How do you think it is possible to pay for college expenses?
There are scholarships and grants (which you don’t have to pay back), and loans (which you do). Some of what you receive is based on income and some can be based on academic merit. Colleges, states, and the federal government give out grants, which don’t need to be repaid.
What are the disadvantages of tuition?
4 Disadvantages of Attending Tuition Classes
- Source of stress. With students attending tuition classes, this also means that there is additional work that they have to complete each week.
- Lack of Independence.
- Deficiency in Problem-Solving Skills.
- Worthy Investment?
How does college debt affect future life choices of students?
Students’ life choices will be impacted by debt burden.
Students who graduate with debt may put off life milestones such as buying a car, owning a home, getting married, or entering certain low-paying professions like teaching or social work.
What are the effects of student debt?
Consumers with student loan debt have lower credit scores on average and are more likely to live with their parents. Students with outstanding loan payments are 36% less likely to purchase a house. 13.32% of millennial renters indicate they will never be able to afford to buy a home.
What Causes college debt?
Across public and private institutions alike, the rising cost of staff and higher education services, an increased demand for a college degree, and an expansion of the federal student loan program (which made student loans more accessible) contributed to rising tuition prices.
What are college students scared of?
In addition to fears about being smart enough, liking roommates, making friends, and missing home, students also worried about handling the party scene, having sex, covering costs, and being safe.
What do you worry the most?
Worries We All Share
- Money and the future. Whether it’s debt; worrying you won’t be able to cover all your bills next month; or fear about your financial security in the future – when you have kids or when you retire – financial insecurity is a major cause of stress.
- Job Security.
- Relationships.
- Health.
What’s your biggest fear answer?
How to answer “What is your greatest fear?”
- Be honest. Try to remain honest when creating your response.
- Explain what caused the fear. You may begin your response by explaining your fear, what caused it and when it began.
- Demonstrate awareness.
- Explain how you cope with your fear.
- Focus on one fear.
- Practice your delivery.
What are 3 things you think you can do to minimize the amount of student loan debt you have to pay back?
How to Reduce Student Loan Debt
- Exhaust Free Sources of Money.
- Save as Much as Possible Before College.
- Enroll at a Less Expensive School.
- Use a Tuition Payment Plan.
- Work While In School.
- Pay Interest During School.
- Pay Interest During Grace Periods.
- Graduate On Time.
What are two things you can do to avoid student loans?
How to avoid student loans — before attending college
- Start or amp up your saving now.
- Consider shortening your route to a degree.
- Include inexpensive colleges on your college list.
- File your FAFSA and seek out grants.
- Apply for school, private scholarships too.
- Negotiate your financial aid package.
