The True Cost of College

If you count the 4 years of undergraduate school I went through (okay, it was 5), I have over 14 years in higher education, working with students, parents, staff and faculty. I’ve worked in private universities and community colleges. Yet, the one thing that continues to arise is how to choose the right college.

When I was in 8th grade I had started the college search. It was more of a perusing of the many catalogues and letters my brother received as he is 4 years older than myself. At that point, I came across one school and had that intuitive feeling I was supposed to go there. University of Puget Sound in Tacoma, WA was beautiful. It had brick buildings and ivy growing up the side. As far as academics, I really didn’t care at that point, but I liked the pictures.

I do not suggest that one chooses a college or university based on pictures alone, in fact maybe not at all. One of the most important factors is the true cost of college.

These days in a declining market and a weak US dollar value, cost is more important than ever. However, it’s not just the amount per credit or the room and board costs that needs to be evaluated. Ask yourself these questions:

  • What outside costs do you anticipate incurring? These including going to the movies, bars, clubs, or just that midnight snack at the 24 hour breakfast joint. Don’t base these costs on where you live, but where they will be incurred. There can be a big difference between a small town in Ohio versus New York City. Be reasonable and honest with yourself about these costs. If you are outgoing and always want adventure, you’re going to need a larger budget than a quiet introverted person.
  • Where will you be doing your laundry? I know this is a strange question, but most dorms have coin operated laundry machines and at about $2.00 per load, that adds up over a year. Even at a minimum of 2 loads per week, over 36 weeks, or 9 months of school, that’s $144.00 in quarters. Plus, don’t forget the laundry detergent and dryer sheets.
  • What will be your transportation? If you are living on campus in a dorm, most often one can get away with bumming a ride off someone down the hall and just give a few bucks gas money. However, if you decide to bring the car, there are costs associated with that, especially if it’s to drive back and forth to campus from offsite. There’s gas, maintenance, insurance, and the car payment. If you don’t drive, don’t forget to see how much public transportation is.
  • How much will you need for personal items? This includes all personal toiletries, CD’s, items to decorate your dorm room, costumes for Halloween, and even that occasional 6-pack.
  • How much will you designate for gifts? Many people miss this part, especially the first year in school. As a freshman, more so in a dorm atmosphere than off campus, friends are everywhere. Birthdays, holidays, come every year. How much will you spend on them? You can anticipate between 3-7 close friends depending on your demeanor and desire to make them. Additionally, there are the acquaintances that you would like to give them an acknowledgement of their birthday. For those, I suggest just buying a pack of 25 birthday cards to have on hand and you can write a meaningful note about why you appreciate them.
  • Will you be involved in extra curricular activities or campus activities? Usually there is a cost. If you go to the campus dj contest, there might be a cover charge of $2.00. Look at the school, the activities and the costs associated with them. The same thing goes with campus groups you may be interested in joining, like a fraternity or sorority house.

Analyzing the answers to these questions and then adding them to the known costs of tuition, books, and room and board, will give you a much closer understanding of the true cost of college and also help determine the right college based on your pocketbook.

First Draft in 30 Days by Karen S. Wiesner-Review

Score: 4.75 out of 5

It’s not everyday that I find a book that is packed with useful information to help one write a novel. Usually, there are a few good chapters, some helpful hints and exercises, or just good general advice. First Draft in 30 Days by Karen S. Wiesner has been the best investment I never made (it was a gift). But if I had invested my sweat labor rewards in this book, I would have paid twice the price.

“[The Book] provides you with a sure-fire system to reduce time-intensive rewrites and avoid writing detours.” This back cover copy is right! I haven’t been so productive in my life in such a short period of time regarding my novel. No, it’s still not complete and yes, it’s been more than 30 days, but it’s not because the system doesn’t work, that’s just a personal issue.

If you have complex storylines, well developed characters and multiple locations, this system will not only make your life easier, it will help determine the weakest aspects to the novel. This system is not just about writing and being creative, it’s about developing a solid, flowing story that captivates an audience. Really, isn’t that what all authors want?

Learn more: First Draft in 30 Days by Karen S. Wiesner

Gallup Gardens

In a small area in Littleton, Colorado a delightful and peaceful garden flourishes. Gallup Gardens is on the West side of Gallup Street a few blocks south of Littleton Blvd. It sits in its cozy place between Bemis Public Library and the Littleton Historical Museum (which will be featured in later posts).

I found this spot quite unexpectedly after getting out of my car at the library and deciding to walk in the grass while I was talking on my cell phone. Though I am of sound mind and body, I often lack seeing the details of …well…really anything. So to some a sudden stumble upon Gallup Gardens is absurd considering how prominent it is in the area, but to me…it was refreshing.

The best part was just to go and sit. To be still in the midst of nature. I moved back to Littleton in 2004 and ever since then I had been attempting to find a retreat where I could just be. I often did that while I lived in Washington State, but had not found the right spot until just a few days ago. Yes, it took me nearly 4 years to find that spot.

One can find energy in all life forms, but while one is sitting in the midst of nature, breathing in the fresh air and putting aside all worries and time constraints, it’s hard to ignore the majesty and the beauty.

So next time you are in the area, just sit and be, after only a few minutes you’ll feel the ease of tension, stress and worries and a sense of joy and gratitude flooding your senses.

Rebuilding Your Financial Character- Part 1

Personal Finance

It’s difficult to look at finances and think personal, when no matter where you go, they request the last 7 years of financial history. Employers, banks, auto dealers, and even landlords all see personal finance as a lasting testimony to your character. So, how do you get your financial character back together when you have late payments, bad credit, and five to ten “unavailable” missed phone calls on your cell phone? What are your options?

Ignore It

Admit it, you just want to ignore the fact that these people want their money. It’s not that you don’t feel like you owe them, but how are you going to pay them without money? Yes, you can ignore them. However, the consequences can go as far as a court order appearance and judgment in your creditor’s behalf. How would that look on your financial background check?

Accept It

Write down everything you owe, even that $20 from your best friend a year ago. Arrange each debt from the lowest amount owed to highest and include the annual percentage rate. It’s best done in a spreadsheet. I will have one available in the near future. How much do you owe? Actually total it up and look at it. Now take a deep breath, maybe even two or three depending on the total owed.

The number in front of you represents your past. It does not represent who you are today or in the future. You can’t change the past, just learn from it. What matters is what you do at this moment forward. Once you have accepted it, which may take more than just a few moments, then it’s time to take action.

In the next finance blog, I’ll look at assessing your income, how that affects what you can or can’t pay and what to do when your bills exceed your income.