New York Times
Mino Caulton, 18, got a grant for college, but he or his parents would have to go into debt to cover the total bill
WHEN the financial aid award letter arrived from Juniata College several weeks ago, Mino Caulton and his parents had many reasons to celebrate.
He had been accepted, an accomplishment in itself for a dyslexic 18-year-old who has refused to take any extra time on his tests for much of high school.
Juniata, in Huntingdon, Pa., gave $18,500 in grants, not bad for a college with an endowment of much less than $100 million.
But it was not enough, not even close. Mino’s parents, whose household income has fallen 80 percent in the economic downturn, have little for his education now. Juniata wanted him to borrow $6,500 his freshman year and would probably suggest more in future years. And finally there was the $10,000 or so, beyond the grants and loans, that he would need to pay the total cost of attendance, more than $43,000.
So he has a question to answer, a choice that most 18-year-olds have no idea how to make and that a vast majority of parents are ill-equipped to consider as well: just how much sacrifice should teenagers (and often their parents) make to attend a high-quality liberal arts college, when a perfectly good community college is just up the road? Read More
I'm Ron Denaro and thanks for joining College Campus Chatter today!
Ron Denaro is the president of College Campus Trips, a tour company providing high school students with tours of college campuses, nationwide. For more information, call (954) 567-5751 or e-mail: ron@collegecampustrips.com
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