Student Loans exposed

After a student graduates from high school, their next step is most commonly enrolling in a college, university, or institution. However, unlike an high school education that comes free, a college education doesn’t. For most students this can become a deciding factor of whether or not the student can attend college. A lot of newly graduated students don’t understand all of the costs and fees that are involved when they enroll to go to a college. With college tuition, books, supplies, and many other costs involved in college, this can rack up a big debt for a student just wanting to higher their education. A lot of students hang up even the option of going to college due to the inability to pay the expenses of attending. On average the college tuition for a community college is around $2,700 per year. So if the student goes the full 2 years of the community college course this will bring the total college tuition to around $5,400. This however, is not a bad investment being that the student, after receiving their degree, can now earn at least $30,000 to $40,000 a year. An average high school degree would not make near as much. For a student seeking a bachelor’s degree, the student can expect to pay at least $9,000 per year. This brings the average bachelor’s degree to a whopping $36,000 for all 4 years. This can be a staggering amount for any student without the knowledge of the costs of a college education. If a student decides to attend a private college, the student can expect to pay in the end anywhere between $140,000 to even $200,000. However, students that graduate from these types of schools can estimate that after graduation, he or she will be making anywhere between $100,000 to even $200,000 a year, depending on the degree the student has received. So the average cost of college tuition and other expenses is certainly by no means chump change and can prove to be very challenging and mind 3 bobbling to a student with no experience in the work force or having to deal with any financial issues.