Schools

Kotlus: College Funding Worries Prince William Graduates

Schools Blog

Finding funds to pay for college is no easy task, whether you have a college savings plan or if a student works through college and takes advantage of options at one of Virginia’s community colleges.

The topic on the minds of some of those who spoke at the Prince William County School Board meeting Wednesday night was financial literacy. As many in the U.S. struggle with credit card debt and mortgages, student loan debt also lands graduates, who’ve just turned their tassles, on a road to financial instability despite doing “the right thing” by going to school.

In fact, on Wednesdsay night, some students came to talk about just that topic. One recent graduate urged the school board to provide more money for scholarships because “Students shouldn’t have to worry about anything but grades.” Another noted her dreams of going to school in New York City encouraged her to look for others to help fund her college dreams because “loans can be a hassle”.

By the time students head off to college many should worry about a lot of things, including making responsible, adult decisions, that will pay off in the long run. For example, those who seek schools of choice just because its in a particular city may not be the best choice for students, according to a list recently released by Forbes.

The financial magazine recently ranked colleges with the best return on investment, noting that families need to approach higher education the same way they’d approach any major financial decision, with planning, logic, and an eye on overall value.