The Majority of Incoming College Freshman are Unsure of How They're Going to Pay for Their Education (cc: CollegeBoard)
, you know that better than anyone. If you're nervous about the new social situation you're about to face when you step on to campus this fall, you're not alone. And if you are still unsure as to how you're going to pay for the ever-increasing price of your high education, you're DEFINITELY not alone.surveyed over 110,000 students to find out more about what's on the mind of graduating seniors as they head off to the next stage of education.
, the price of in-state tuition and public four-year institutions have increased at an average rate of 3.1% every year since 2008. That doesn't even include the cost of college materials, which 61% of survey respondents said paying for will be their biggest challenge. Despite all of this, 1/3 of respondents didn't apply for scholarships, citing lack of time and information as well as lack of need as the main reasons why they opted not to. In an attempt to make the scholarship application process easier—since 60% of students said that figuring our financial aid and scholarships is the hardest part of the college process—The College Board has created
Of course, the more schools you apply to, the more you need to keep track of, something that some students are struggling to do. Forty-four percent of students admitted that keeping track of deadlines is the hardest part of the application process.But just getting into college is only half the battle, because once you're there you need to survive and thrive, often times on your own, while living away from your family for the first time.
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