Wednesday, February 25, 2009

Private vs. Public College Education

by Jenny Sutton

When deciding to go to college, many people look at what kind of environment they want. Another big decision is the cost of the institution. While scholarships and financial aid help students afford higher education, choosing between a public and private school is often a crucial financial choice.

Both private and public schools offer higher education, although in different fashions. Private schools often have smaller student to professor ratios and have a private owner or owners. While this can be very beneficial to students, it also comes with a price. For instance, between room and board and tuition for a four-year private university, the price is usually more than $30,000 per year. On the other hand, public universities on average cost about $6,500 per year and are state institutions.

While private institutions have better financial aid and scholarship programs, all the benefits come with a price tag. Before deciding whether to spend money at a private college, make sure to look at each environment, and the programs offered at each school individually. Also, apply for financial help and the costs may even themselves out.

Weighting the Costs in Public vs. Private Colleges
Public vs. Private Colleges
Public Colleges vs. Private Colleges: What's Really Affordable?

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