Candis Best: Hi, I am Candis Best, Associate Professor at St. Joseph's College here in New York City and today we're going to talk about how to make a college affordable. The first thing you need to do is to date your college.
What I mean by that is, don't go to the college that you fall in love with. Go to the college that falls in love with you. How do you know they are in love, because they pay you to attend.
Believe it or not, colleges and universities are still in the scholarship business, so there is no reason why you should be entering into six-figure debt to pay for college education for you or your children.
You want to attend the college that is going to give you the most generous financial aid package that does not have to be paid back. The way you get those scholarships is by being a good student.
If you or your child were in top ten percent of their class, somewhere in the country is a College or University that will give you a full or partial scholarship and if you're pretty, you can flirt. Meaning, if you get a generous package from one school, you can use that to negotiate with another school that you may want to go to more to see if they will give you more scholarships and grants, but the key is, you want money that you don't have to pay back.
Now, if you don't have a strong enough GPA to qualify for scholarships, then you want to pick a school or a program where you can raise your GPA. Take courses that will allow you to get better grades so you can have a stronger transfer and then transfer it the school of your choice.
Now, if you do need to beautify your transfer you'll want to pick the most cost-effective option for doing so. For most people that's going to be a community college or a small private college or university near your home.
The last tip is probably not going to be popular with the young people. But, think about staying close to home. A big part of the debt that recent graduates take with them has to do with paying for the room and board, and that's an expense that you can completely eliminate if you stay home and let mom do the cooking.
So there you have it, some tips that you can apply to make sure that education is affordable for you and doesn't break the bank.