5 Steps To Calculating Your College R.O.I. - 0 views
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“Sticker price and net price can be—and often are—totally different,” says Mark Schneider, president of CollegeMeasures.org, an organization that helps prospective students evaluate schools based on different performance outcomes.
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The net price is the school’s full cost of attendance—including tuition, room and board, books and other fees students are required to pay—minus any need-based grants or scholarships you could potentially receive.
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“As long as student loan debt at graduation is less than your annual starting salary, you’ll be able to repay your student loans in 10 years or less,” Kantrowitz says. “But if debt exceeds annual income, you might struggle to make monthly loan payments, and you may need an alternate repayment plan, such as extended payment or income-based repayment.”
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