Making
the wrong decision about what to study or where to go to school can
have costly and time-consuming consequences – switching majors or
schools or going back to school after you start working can all
jack up the cost of obtaining a higher education and subsequent student
loan debt.
However, those situations are all too common:
more than 50% of college
students will change their field of study, 33% of students will transfer
to a different college before graduating, and
a report released this week found that about
seven in 10 students today graduate with debt.
Parents play a very important role in the college selection process,
too often they fail to ask their children the right questions. Joe
Schmoke, founder of
University Research
& Review, a free college selection service, offers these key mistakes parents should avoid:
1.
Not questioning their kid’s decision
– When your child is applying for schools, it’s natural to want to let
them make their own decision, as they are
about the head out into the world on their own. But it’s still your job
to help guide them in the right direction, Schmoke says.
2.
Basing their decision on the wrong reasons
– Ask your child why they want to focus on that specific major or
school. If it’s just because a friend is
doing the same, or you want them to go there because you or a relative
did, that may not make the most financial or practical sense. An
objective test, like
URR’s, can help guide them in the right direction if they’re not sure.
3.
Assuming college is right for everyone
– Just because you want your child to go to college doesn’t mean it’s
always the best decision for them. Everyone’s
circumstances are different – some people may benefit from working for a
year or two before going to school, or they may decide college is not
for them.
4.
Ignoring the numbers
– A college education is one of the most expensive purchases many
people will ever make, but too often people don’t pay attention
to the price, Schmoke notes. Consider whether the schools you’re
looking at fit your budget and what options are available to pay for
them so your child is not drowning in debt when they graduate.
About University Research & Review
University
Research & Review helps you make the best decisions possible in choosing a college and field of study. URR
is a free service powered by an online survey and a set of
responses users give regarding specific criteria. The results are
evaluated individually by one of URR’s advisors, who have more than 280
years of experience combined, who then generate a personalized
report for the survey taker. The report suggests recommended fields of
study and about 5 schools, out of the more than 8,000 colleges and
universities in the United States. The service is tailored to a variety
of end users, including high school students,
current college students considering switching schools or majors, or
professionals interested in going back to school. URR’s results are
unbiased and never favor one institution over another, ensuring an even
playing field and unbiased suggestions from URR
advisors.
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