What's the best way to deal with anxiety that comes with the financial side of the college experience?
#student-counseling #academic-advising #scholarships #financial-planning #financial-accounting
5 answers
Betsy’s Answer
I thought it was helpful to know my earning potential when I left college. Understanding what your degree will let you afford in the future might help you pick the right college for the major you think you may want. Planning out a estimate of your future earnings and estimated expenses can help you get comfortable that you understand how long it will take to pay back any loans you need to get through college. Going to a more expensive school does not mean you will have more opportunity. If you know what you plan to major in, find out who ranks best in that major and what costs you think you can afford in the future. Enjoy college! Hope this is helpful.
Rana’s Answer
I'd suggest to stay focused on being the best version of yourself in college and put in the time and energy, money will follow
Anxiety/stress management is an important skill everyone should learn as they go through it in different stage of their life.
Use techniques like meditation, or work on your self confidence. Don't get side tracked and don't let anxiety impact your progress.
Regards
Rana
Michael’s Answer
My recommendation would be to be realistic with what burden you are taking on by attending college, and how you can manage it. Many students take out large loans to attend school, but struggle to pay them off after graduation. Research scholarships, choose an area of study that will allow you to earn enough money to repay your debts, and consider alternative ways to complete your education affordably. Take classes at community college or find free online courses/resources to pursue curiosities, and focus the money you're spending on the classes you need to graduate. College is a great opportunity to advance yourself personally and professionally, but make sure that you are getting adequate value for your investment.
Michelle’s Answer
There were a few ways I have dealt with my personal anxiety with the financial side of going to both undergrad, grad school, and taking additional summer classes. I recommend planning and budgeting for the potential colleges you want to attend. After you completed your estimates, you should weigh the pros and cons of whether the benefits of each school justifies the costs. If you come to a decision that you will attend a more expensive school, you need to plan out where you will be obtaining additional funds. I made sure that once I arrived to campus, I applied for many jobs to help out with my general living expenses. If you take out loans, I do suggest reading in detail of the agreements, payment periods, grace periods and other terms to ensure that you know exactly what you are getting in to and know if you can pay them off later. For me, I think the key takeaway is to plan so you can go to college without worrying about something unexpected happening to you finances.
