How Much Is College?

Video Transcript

"Hi, this is Laura Turner and today we're going to talk about how much is college. College can cost anywhere from totally free of cost to you whatsoever to about forty thousand, sixty thousand dollars a year. So it all just depends on how you play your cards. First of all think about how much money you can spend on college, how much you can afford. Are you going to be paying your way through college? Are your parents going to be helping you? And if you are going to be paying your way, how much can you pay on your own and how do you need to supplement with scholarships and student loans? So think about what is a good sum for you which is going to determine sort of where you go to school. If you want to go to a more expensive college, you know, the forty thousand dollar a year colleges, make sure that you go out for scholarships as soon as possible when you near the end of high school so that you can get the best scholarships, because they are very very competitive. But most schools that cost that much money do have programs for people to actually go on a completely full free ride. So think about that. Also factor in the cost of food, room and board, books that you're going to buy, social money like going to see movies, buying alcohol, doing things like that. Think about how much money in that area you're going to be spending per month or per year. And also think about accumulating only as much student loans as you can handle in your future. Remember that creditors are not necessarily out for your best interests but they're out to make interest off of your interests. So, good luck with paying for your college and know that it can be as expensive or as less expensive as you need it to be."