Monday, November 8, 2010

The economics of college education

Last week we talked about how to keep the house civil during the college searches of the teens in your household. This week, we talk about one of the big looming issues that can make that search so stressful - the cost of college.

Thirteen Ed Online has a great online lesson plan about calculating "the REAL cost of college," including an online video about the costs of moving out on one's own. This activity is designed for grades 7-12, but the results of all the calculations can be illuminating for parents, too!

When looking at the cost of college, it can seem like a little too expensive an investment. However, the long-term impact of a college degree in one's economic status is incredibly long-lasting and important. The College Board released a study this fall tracking the economic value of a college degree, summarized in this Chronicle of Higher Education article. The Chronicle's article shows how even some college is better than none for earning potential, but also includes input from some critics of the idea that everyone should go to college without thinking through the financial aspects. It's food for thought as you or your teen considers the college options available.

Of course, to get into college in the first place, one needs a strong educational background. For those struggling in school, before, during, or after college, A Quantum Leap Tutoring is always here to help in any topic you can name - all over Florida. From pre-K to high school science to college composition to law school, we can match you with a tutor in your area.

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