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Hello. I'm Emma Gutierrez with Wells Fargo & Company.
Today, we’re discussing the value of a college education and
how to find ways to pay for it. Getting a college education is a way of
investing in yourself and can be an important step
in achieving your financial goals. While the cost of a college education
continues to rise every year, so does the value of a college degree.
It can be easy to find help for college funding if you know what steps to take.
Whether your family’s assets are few or plentiful,
be sure to look at all of your options including grants, scholarships and
student loans from all sources.
The cost of a college education depends on a number of factors.
For the 2010–11 school year, one year of full-time undergraduate
tuition, room, and board cost an average of $19,242 at an
in-state public college or university and $39,260 at a private college or university,
according to the College Board’s National Center for Education Statistics.
That’s a lot of money, but it’s also an investment in your future.
Education beyond high school can give you skills that you'll
use for the rest of your life, no matter where you live
or what job you do. More education may also
help you earn a lot more money over the course of your career.
A college graduate earns an average of $1.2 million more
in their lifetime than a high school graduate, according to the
National Association of Student Financial Aid Administrators
Journal of Student Financial Aid. In addition to helping you earn more money,
a college education can broaden your understanding
of the world around you and benefit you throughout your life.
It’s worth the investment.