College Costs More than Many People Expect. Here’s Why.

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In this video, we'll talk about the elephant in the room when it comes to the cost of college. College costs a lot more money than people realize, and some people even end up dropping out due to finances, even when they never thought that would happen. So let's talk about some of the unknown ways that college costs money.
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Опубликовано:

16 июл 2024

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Комментарии : 24

@HH-lr2zt 2 года назад

My private Christian school has a lot of hidden fees that aren't advertised. They have a promise that they won't raise tuition, but they get around it by laying a ton of fees on us so they can keep that promise but get the equivalent amount of money.

@jackperry693 2 года назад

Also commitment fees can be quite excessive: I was accepted as a transfer to a top 50 school and they want me to pay almost $1000 to confirm enrollment!

@kevinnguyen4400 2 года назад

Don’t commitment fees usually go towards your tuition? Like it is a deposit that is credit.

@KluverBucy 2 года назад

Interesting thoughts. I was calculating...with annual cost of Harvard or other similar private college being about $75,891 (full pay), graduating in four years would cost at least $303,564, not including additional costs like airfare and other extras. If you skipped college and put that money in a tax-advantaged account investing in the SP500 with average historical rate of return of 10.5%, you would have about $824,000 saved up after 10 years. If you kept the money in there for 45 years until retirement, you would have 27.2 million dollars. That's a high bar to jump over to make it worth it.

@brendanleo3133 2 года назад

That analysis is based entirely upon the presumption that someone could put down $303,564 into an account in one sitting. If you have that kind of money, you're probably not worrying about putting your kid through college.

@mariamshah338 2 года назад

Ugh. I’m an incoming college freshman and the fees are ridiculous! I get surprised by how much money I have to pay for the TINIEST things!

@FM-ty7jt Год назад

My daughter went test optional and got full rides, scholarships, and into the Ivy League.

@mariamshah338 Год назад

@@FM-ty7jtgood for you? why are you telling me this?

@japeshpatel9460 2 года назад

What do you think about the engineering program at Harvard? I got in but I know Harvard is more Liberal Arts so I would love to get your opinion

@Megan-ne7qf 2 года назад

Congrats on Harvard!!!

@castlebear199 2 года назад

Nearly everything is great at Harvard, and the connections you’ll make there (along with the name of the school) will set you up for grad school or a career awesomely

@sohums.6107 2 года назад

Hey Brooke- I was wondering if you could cover the pros/ cons of applying with an intended major

@kolinbrannon998 2 года назад

Hi Supertutor, do you think that colleges prefer students who score high on the ACT the first time rather than multiple times with a high superscore? I got a 33 on my first go (i took alot of timed practice tests so it didnt really feel like it) and was looking at schools like University of Michigan and Northwestern with really high 75th precentile ACT scores.

@reallybadchess2947 2 года назад

First time being the first one to comment, great vid btw

@BARAAGAMER_YT 2 года назад

I miss you so much, and Ramadan Kareem, and you're creative keep going✨✨✨✨✨.. Sender: your brother (Baraa) from Palestine 🇵🇸🇺🇸

@alaa-eldin_hamdan 2 года назад

Ramadan Kareem brother, all the love to you and our Palestinian brothers and sisters in our beloved Palestine.

@vatsalgupta2602 2 года назад

Happening to me right now

@juliao2688 2 года назад

Hello, I have my own small business of selling paintings, now I sold 6 paintings and earned about 500 dolars, should I include it in my application? And I also worked as a volunteer in an orphanage, but you mentioned once that we shouldn't wrtite abou volunteer but I help children with math that I want to apply for, should I inlude it too? I am just in 10th grade now and I am international student but i have to now it is worth to spend a lot of my time on this activities?

@jimkiser1429 2 года назад

With college costs being what they are now, one has to ask the question if it is wise to even go to college. I would say it may only make sense if you want a career as a doctor, lawyer, or high-level researcher. Otherwise, why bother? These days, probably for 80% of students, it doesn't make sense to go to college. For instance, in two years of hard work, I started my own internet business and initially made over 7 times what an average salaried college grad can make per year. Granted, at first blush, it can be hard psychologically to not have the safety net of having a degree. But after you make your first million at a young age, why do you need a safety net. After all, what IS a safety net, if not wads of cash?? By the way, I do have a math degree myself, but I would have been a lot better off financially if I hadn't. Of course, I absolutely love math, so there is THAT ...

@narmadanaik4594 2 года назад

Please give information of costs for international students too.

@unpopular.tracks 2 года назад

Good day Brook, I am a Running Start Student in my junior year of HS (student of 2023), located in Washington state, I have SAT score above 1400 and a GPA of 4.0 (just to give a very brief understanding of myself). You said that 'transfer students are offered less financial aid' than their freshman counterparts. I'm pursuing an Associate of Applied Science Direct Transfer Agreement, Computer Science, which should help me get into nearly any university in Washington. My college advisor says that I will apply as a freshman regardless and UW (the university that I am planning to attend) advisor has also ordered for me to apply as a freshman student. My question is, am I going to be in a disadvantageous position for receiving scholarships/financial aid from UW because I have this AAS-DTA of Computer Science (even though I will be a freshman at their university)? Does my question make sense? English is not my native language.

@brookifyd 2 года назад

Hi-- I'm not sure about your precise situation though I do know that your counselor wants you to be applying as a freshman and NOT a transfer as you'll get much better aid. Essentially do NOT graduate high school early or anything or those community college credits will keep you from being considered as a freshman. Just keep in high school and take college courses or dual enrollment and then use those credits once in college to graduate EARLY if you can and save!

@unpopular.tracks 2 года назад

@@brookifyd Thank you so much, Brooke, that was my plan I was just not sure whether it was correct/adequate, thankfully your reply erased all of my uneasiness by confirming my initial plan.