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College life is getting a reality check! A new study finds that students are giving up expensive schools and living at home instead of on campus in order to manage the sprawling cost of a college education. 

The average amount families are spending on college is down by 5 percent, and more parents and students are choosing a college based on cost, according to the annual report conducted for Sallie Mae, the country’s largest lender to students.

“This really reflects the economic conditions that we see today,” said Sarah Ducich, a senior vice president at Sallie Mae. “We are seeing families make adjustments, saving more money and being more cost-conscious.”

293 Notes

  1. somewhereinuverworld reblogged this from itscandidlycara and added:
    hell yeah. I settled for community college because my dad couldn’t even pay application fees. If only I had known when I...
  2. jessicalala reblogged this from itscandidlycara
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  6. mymindistryingtokillme reblogged this from wolfie-mcwolferton
  7. sinshine reblogged this from idlnmclean and added:
    Meh. I made mine on proximity. Wherever I was, there I went to school. Went through five before getting my four year...
  8. dnxoxo reblogged this from itscandidlycara
  9. kayla-ships-klaine-and-destiel reblogged this from nothingbutgoneness
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  11. nothingbutgoneness reblogged this from itscandidlycara
  12. lessthanslashthreed reblogged this from itscandidlycara and added:
    I did not. I wish this graph included costs back to the 60s or 70s so one could see just how much it has skyrocketed in...
  13. slowitdowngoeasy reblogged this from itscandidlycara
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  15. iwasneverfullyaware reblogged this from itscandidlycara and added:
    unfortunately completely.
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