Financial Literacy: Paying for College

VIDEO: After Grad: Work or College?
No matter what path you’re considering, deciding what to do after graduating high school can feel overwhelming. Watch the video to learn more about what to consider when you’re making this important life decision. Then, answer the questions on your worksheet.

INFOGRAPHIC: The Financial Aid Process
You’ve decided to pursue higher education–congratulations! Many people rely on financial aid when attending college. To help, this infographic visualizes the financial aid process as a roadmap. Throughout the unit, we will be revisiting this roadmap to see what stage of the financial aid process we are currently navigating. Skim through the infographic to get an understanding of what the different stages are. Review the first section titled “Preparation”. Then, answer the questions on your worksheet.

ARTICLE: Quick Guide: College Costs
The cost of attending college includes many things, some of which you have more control over than others. Review the section of the article titled “What does cost of attendance include” to get an idea of the range of expenses you’ll want to keep in mind. Then, answer the questions on your worksheet.

LEARNING TARGETS:

  • I can discuss what factors are important when considering whether or not to attend college.
  • I can analyze the opportunity cost of going to college when compared to entering the workforce.
  • I can identify the most common costs associated with attending college.
  • I can explain the difference between a college’s sticker price and net price.
  • I can compare the net price of different colleges.

 


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