Choosing the Right College: Key Considerations

The video tutorial guides students through the process of choosing a college by considering factors such as academic programs, campus visits, costs, scholarships, and job prospects. It compares the costs of different universities and evaluates potential income from various careers. The tutorial explains student loans, repayment strategies, and the use of net price calculators. It emphasizes the importance of assessing program quality and job market competition. Finally, it provides a systematic approach to making informed college decisions, highlighting the need to understand costs and potential returns on investment.

What factors should be considered when choosing a college?

• Cost, scholarships, and job prospects

• Color of the buildings

• Campus size only

• Proximity to a city

How much does four years of education cost at Mount Ivy?

• $125,000

• $55,000

• $31,000

• $13,750

What is the annual tuition and board cost at Towney State University?

• $31,000

• $13,750

• $125,000

• $55,000

What average annual income can a computer science graduate expect?

• $45,000

• $55,000

• $50,000

• $80,000

Which tool helps estimate the actual cost of college based on personal information?

• University website main page

• Generic loan calculator

• College brochure

• Net price calculator

What does the College Scorecard provide?

• Sports scores

• List of college mascots

• Menu of the college cafeteria

• Average student debt repayment rates

How much of your estimated income should be devoted to student loan repayment?

• 5%

• 10%

• 15%

• 20%

What is the purpose of using an online calculator in evaluating college costs?

• To play games

• To determine the exact time to graduate

• To estimate loan repayment time and interest

• To find the nearest coffee shop

What is a significant factor in job availability after graduation in competitive fields?

• The weather in the college town

• The reputation of the college

• The number of coffee shops near campus

• The color of the graduation gown

What should you consider about a college besides its aesthetics and recreational facilities?

• Cost and return on investment

• Number of statues on campus

• Color of the library books

• The party scene