Monday, October 5, 2015

Introducing the College Scorecard

It's the time of year when many high school kids start thinking in earnest about where they'd like to go to college, and when many parents start wondering how they're going to pay for it. The Department of Education has just released a new tool to help with this situation: The College Scorecard.

One nice thing about this site is that the emphasis is on finances. You can find the average cost to attend a college, the average debt that the students have accumulated upon graduation, and their future earnings power based on the degree they've earned. So it's not just about paying for school, but making the most out of it.

There are also plenty of links to resources on financial aid and scholarship information. It's a handy place to stop and check out each school on your student's wish list, and temper their expectations accordingly.

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