FINANCING A COLLEGE EDUCATION 
SECTION ONE 




DOES A COLLEGE EDUCATION PAY?    

     

Before selecting a college, one should determine whether one has the interest and the potential to benefit from college.

AMERICA'S MOST OVERRATED PRODUCT: HIGHER EDUCATION by Marty Nemo.
     The article begins with, "College students with weak high school records usually drop out, having learned little, and with devastated self-esteem, a mountain of debt, and a job they could have obtained without college. Amazingly, many good students don't do much better." The article continues with, "According to the U.S. Department of Education, despite colleges having dumbed-down classes to accommodate to the weak students, among college freshmen who graduated in the bottom 40 percent of their high school class, 76 of 100 won't earn a diploma, even if given 8 1/2 years. Yet colleges admit and take the money from hundreds of thousands of such students each year!" This article should be read by everyone with an unimpressive high school recond considering college.   

IS COLLEGE WORTH IT? With graduates earning less and tuition rising, it pays to weigh your debt against likely career earnings. By Megan Twohey (October 14, 2008) Chicago Tribune.
    
This article makes and discusses the following statement, "[W]ith college costs skyrocketing and the economy worsening, the question of whether higher education is a worthy financial investment is no longer a no-brainer." 
     This article mentions and elaborates on the fact hat e
xperts point out that the college experience is not just about financial rewards.
 
 
IS COLLEGE STILL WORTH THE PRICE? College costs are soaring twice as fast as inflation, even while salaries for people with B.A.s are failing. Time to examine the old belief that college is worth whatever you can pay.
By Penelope Wang, Money Magazine senior writer.
Last Updated: April 13, 2009: 12:36 PM ET
The critical question for you to ask: When it comes to college, will you and your child get what you think you're paying for?

TRADE SCHOOL

 
IN HARD TIMES, LURED INTO TRADE SCHOOL AND DEBT (The New York Times, March 15, 2010) warns about trade schools overpricing and under delivering. Names are mentioned and not favorably: ITT, Le Cordon Bleu College of Culinary, etc..
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