Going to college and getting a degree is almost a necessity in the US today. Statistics have been published that indicate college graduates make something like one million dollars more in their lifetime than a high school graduate. This is not the case for 100% of the people in this country. Bill Gates, Paul Allen, and Sheldon Adelson are all college dropouts.
Back to my point. I have met so many teenagers that are about to graduate that are getting a hard dose of reality when it comes to paying for college. They think that going to college and getting a degree is a birth right and they get mad when they realize how much a degree actually costs.
So you want to go to a party school or an out of state college? Plan on shelling out tens of thousands of dollars to go. If you think that financial aid is going to pay for it all, think again.
If you and your parents are living below the poverty level and you are eligible for the most financial aid possible, you are only looking at about $15,000 total for the entire year. That includes a full Pell grant, FSEOG grant and the maximum Stafford loan.
It is VERY hard to get a full Pell and FSEOG; they are reserved for people with very little money, not very little money for college.
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