Nationwide Student Loans values the importance of a college education. And although a great start into a great career can be considered priceless. The truth is… it isn’t. There’s a price. In its most recent survey of college pricing, the College Board reports that a “moderate” college budget for an in-state public college for the 2015–2016 academic year averaged $24,061. A moderate budget at a private college averaged $47,831. But what goes into these costs? Tuition is obviously a large part and is the most looked up term in regards to a college education. But what else is there?
Well for starters, there are fees to consider. These fees may include the library, campus transportation, student government, and athletic facilities. If you’re an out-of-state student, something becoming more and more common, then there are fee increments and tuition increments on top of that. You also have to consider housing and if not that then at the very least meals. Going to school full-time makes seemingly arbitrary costs like food go up exponentially. At Nationwide Student Loan we’ve seen all sorts of debt and the fact is that not all of it is just tuition. On top of the already mentioned, there’s supplies, books and don’t forget personal expenses (medical, r&r). Being limited in terms of income due to studying and school attendance greatly drives up a student’s debt.
That being said, Nationwide Student Loan is proud to have helped many people who accrued such debts find way to acquire relief if the transition from school to graduation or full-time work hasn’t been as smooth. Don’t think you’re out of options. Contact us at Nationwide Student Loan to see how we can help.