MEIR! Choosing a college and a major can be a daunting process because it's a huge financial decision! However, there are a few key criteria you can use to help you make a sound decision for yourself. Read the introductory part of this article, stopping when you get to "Trends in College Majors." We: Costs You may be wondering, "What are the main costs I'm going to incur when | go to college?". Look through this quick guide and then answer the questions at right. 2. After reading this article, do you think it is worth going to college despite the costs? Why or why not? What hesitations do you have, if any? Estimated time: 7 mins 1. The article recommends you heavily consider your expected starting salary after graduation. Why do you think this is an important factor to keep in mind when making a decision? 2. In addition to expected starting salary, what other factor{s] do you think are important to consider when making a decision about a college and major? Explain. Estimated time:5 mins 1. Rank the cost categories in order of most expensive to least expensive for you. 2. In 23 sentences, explain whyyou ranked the categories in that order Estimated time: 3 mins 5 \"I : 1.. E. vs. Net Price 1. When calculating net price, why do you think loans are not deducted In the previous resource, you from sticker price even if they are typically offered to you in a financial aid read about some of the most package? common costs associated with college. However, most students end up paying much less than the college's published price. Take a look at this image to learn about sticker price and net price. Then, answer the questions 2. Which do you think is more important to consider when looking at at right. colleges: sticker price or net price? Why? Estimated time: 10 mins* 6 INTERACTIVE How Much Will Your Collgge Actually Cast: Follow the directions on this worksheet in order to complete the activity. Estimated time: 5 mins W 7 91139: '|. What percentage of college is paid for by: These are the survey results a. Grantsfscholarships? of parents and undergraduates about how they paid for college. Use the infographic to answer b. Spending from incomefsavings [student and parent}? the questions. c. Borrowing [student and parent}? 2. What might families who did NOT file the FAFSA be missing out on? 3. Using data from the infographic, what would you say is the value in creating a plan for paying for college, rather than starting college without a specic plan in mind? Estimated time:5mins 8 Exit Ticket Follow you r teacher's directions to complete the Exit Ticket. RESOURCES QUESTIONS Estimated time: 5 mins 1 The Financial Aid Process This infographic puts the 1. Why do you think savings, scholarships, and state aid are good Financial Aid Process in a \"preparation" steps to take before applying for federal financial aid? road map format. Throughout the unit, we will be revisiting this road map to see what stage of the financial aid process we are in. Skim through the infographic to get an 2. Your friend asks you, \"How early do you think I should start saving and understanding of what the searching for scholarships and state aid?" What do you recommend? different stages are. Then, Why? read the first section titled "Preparation" in detail and answer the questions to the right. Estimated time: 5 mins We: 2 You have probably heard 'I. In the table below, make a list of how going to college can benefit you that getting a college both financially and personally. degree opens a lot of doors. But with the risin cost of . _ . g Financial Benefits Personal Benets education, you may also be wondering if college is worth it. Read this article to find out how going to college can benefit you in multiple ways. Then, answer the questions at right