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College is often the first financial decision many young adults make.
Unfortunately, for many, it is often the most expensive decision after factoring in repayment terms and cost of interest.
While many may have a first choice of school they’d like to attend, students should objectively compare college costs in order to determine what will be the best fit in the long run.
Here are three key factors to consider when comparing college costs.
Scholarship Considerations
Depending on the size of school, competition for admission, and where the school is located a student may be granted more aid at one institution than another.
It is up for the student to weigh scholarship costs with coming out of pocket or taking out student loans to make up the difference at another school that may not offer as much aid! [Read more…]