Overview Of Paying For College

    Published: 06-16-2009
    Views: 15,194
    Wells Fargo Financial expert Emma Gutierrez provides an overview of what to expect when paying for college.

    Emma Gutierrez: Hello! I'm Emma Gutierrez with Wells Fargo & Company. Today we're discussing the value of a college education and how to find ways to pay for it. Getting a college education is a way of investing in yourself and can be an important step in achieving your financial goals. While the cost of a college education continues to rise every year, so does the value of a college degree. It can be easy to find helpful college funding, if you know what steps to take. Whether your family's assets are few or plentiful be sure to look at all of your options including grants, scholarships, and student loans from all sources. The cost of a college education depends on a number of factors. For the 2010-2011 school year, one year a full-time undergraduate tuition, room and board cost an average of $19,242 at in-state public college or university, and $39.

    260 at a private college or university. According to the college or its National Center for Education Statistics that's a lot of money, but it's also an investment in your future. Education beyond high school can restore that your use for the rest of your life, no matter where you live or what job you do. More education may also help you earn a lot more money over the course of your career. A college graduate earns an average of 1.

    2 million dollars more in their lifetime than a high school graduate. According to the National Association of Student Financial Aid Administrators journal of student financial aid. In addition to helping you earn more money a college education can broaden your understanding of the world around you and benefit you throughout your life. It's worth the investment.