Planning for the outcome of earning a college degree is often minimized during the college decision process. We believe the purpose of college should be the student’s priority. A great amount of personal resources are spent on the admission process but if you take a step back, more focus needs to be put on the purpose of college and the outcome.
Many people will argue that having an educational outcome focus is wrong because it is too difficult for a young student. I would agree that the decision process is difficult but things have changed. An education costs much more today. When many parents went to college there were not as many college educated people in the work force. Both of these situations have reduced the payback of an education. Back then being educated was good enough, that is not true today.
As you go through the college decision process having a goal of the education is important. We often tell our client to envision the student’s life at 25. This would include career, debt, income and general quality of life. Having a vision will help to minimize mistakes along the path of getting there. Students need to use the resources available to them early in their college career. The college career center will be a great starting point.
Over the past few years there has been an increase in educational requirements for many careers. By deciding early and understanding the total cost of getting that career a student could saving thousands of dollars in exploratory tuition expense.
This video on the outcome of a college degree should be helpful. It will cover:
- Value of college
- Career education requirements
- Global economy impact
Focusing on the purpose of education will help you make a better college decision in the long term. EFC PLUS can help you maximize your college dollars.