Why Complaining About the High Cost of a college is Stupid

January 13 is "National Blame Someone Else Day" (yep).

You can’t escape the “College is too expensive” rhetoric. But just like some of the most expensive cars in the world, no one is twisting your arm to buy one. It’s not a requirement. A used Ford will do. You “need” a car to get to work. It can be a beater as long as it gets you from point A to point B.

There’s really nothing wrong with the price of college. It’s a free market. If there weren’t so many buyers willing to pay the price, prices would come down, just like any product. That’s the way it works. (With test optional, colleges have a record number of applications. So don’t expect prices to come down.)

You DON’T need a college degree to be successful in life. As a matter of fact, you don’t NEED a college degree for most employment.

But let’s say you WANT a college degree. Ok. You can want it, and attain it, without going broke. You...

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Why is College So Expensive?!

Why is college so expensive? 

I recently answered this question for a national media outlet. 

So, why IS college so expensive? And what can teens and parents do to minimize the cost?
 
We could ask the same question of buying a car. Most people wouldn't pay the "sticker price” when buying a new car. There is plenty of negotiating room.
The same is true when it comes to paying for college.
 
Higher education is a business. And businesses can charge what they want, reasonable or not, for their product. It’s your choice to buy a $200 cotton t-shirt from a fancy department store brand, or buy a cotton t-shirt from a discount store.
 
Parents and high school counselors are in shock over the “sticker price” of college costs. But the truth is, 76% of American students pay on average 56% of the sticker price. International students tend to pay the full cost. As an American, you have to actually WANT to pay full freight. Those...
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Community college as a financial strategy?

A parent asked a lot of questions surrounding the concept of attending community college.:

-Pros/Cons of attending community college or a smaller, local university for first two years of studies with goal of obtaining Bachelor’s from a larger University.

-Is the savings and small step into college life beneficial?

-Is it harder to get accepted to a 4-year college with a two year transfer plan?

-Does the student apply for their dream college now and let admissions know they plan on the first two years elsewhere or does student apply after first two years are underway?

-Is this generally frowned upon or welcomed by admissions?

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As you can see there are a lot of very good questions here. Here's my take on it.

Community college is a good idea to gain credits WHILE still a high school student as dual enrollment. But that's a topic for another day.
Is it also a good idea as the first 2 years after high school IF AND ONLY IF the student does...
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