AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Exploring Methods of Paying for College Education
This chapter challenges the widespread belief that parental financial support is the main way students pay for college, showing that individuals utilize a mix of family support, scholarships, work earnings, and loans. It also reveals a trend of students taking out loans ranging from $10,000 to $50,000, with most graduates having a debt lower than their first-year income.