Poll: No matter what their major, today’s college students getting hard lessons in finance — from WashingtonPost.com by Associated Press
WASHINGTON — In these tight times, college students are getting a lesson in economics no matter what their major. Students say money influences everything from what school they attend and what career they pursue to how quickly they complete their degrees — or whether they graduate at all.
Money problems, not bad grades, are the reason cited by most college students who have considered dropping out, an Associated Press-Viacom poll finds.
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Recession-battered parents have less money to spend on their kids’ tuition. Jobs that used to be waiting upon graduation aren’t there anymore — consumed by the nation’s 8.8 percent unemployment rate. And college prices keep going up, as states struggle with budget deficits. Average tuition, room and board rose to about $16,000 at in-state public schools this year and $37,000 at private schools.