From the News You Can Use Archives 04/03/07

Students and Parents Have Different Dreams, but Share Money Worries
By Ian Crawford, Web Communications Editor

Most students dream of attending college on the East Coast; their parents would prefer they choose a certain West Coast school. But they all have the same worries about financing higher education.

These are some of the results of the Princeton Review 2007 "College Hopes & Worries Survey" report. The findings below are based on responses from 5,854 people: 78 percent were high school students applying to colleges and 22 percent were parents of college applicants.

What would be your "dream college?"/What college would you most like to attend (or see your child attend) if chance of being accepted or cost were not an issue?

The schools students most named were:
    1) New York University
    2) Harvard
    3) Stanford
    4) Princeton
    5) Columbia

The schools parents most named were:
    1) Stanford
    2) Princeton
    3)  Harvard
    4)  Brown
    5)  Notre Dame

New York University is the top choice of students' for the third year in-a-row. However, parents would like their sons and daughters to attend Stanford University instead.

Included in the survey questions were some that asked about financial hopes and worries:

How necessary will financial aid (education loans, scholarships or grants) be to pay for your (your child's) college education?

•  51 percent     Extremely
•  27 percent     Very
•  18 percent     Somewhat
•    4 percent     Not at all

What's your biggest concern about applying to or attending college?

	32 percent	Will get into first-choice college, but won't have sufficient funds/financial aid to attend
	30 percent	Won't get into first-choice college
	25 percent	Will get into a college I/my child want(s) to attend, but will take on major loan debt to do so
	13 percent	Will attend a college I/my child may regret

What part of college life may be most challenging for you/your child?

	38 percent	Money matters: budgeting an allowance and spending wisely
	34 percent	Academics: keeping up with coursework
	15 percent	Dorm life: living with a roommate
	13 percent	Social scene: dealing with drinking, drugs and dating issues

**********
The Princeton Review 2007 "College Hopes & Worries Survey" Report —The Princeton Review
**********

Story posted April 3, 2007.

Printer friendly version in Microsoft^® Word

E-mail comments to: news@EDFUND.org

All contents copyright EDFUND, 1999-2006. All rights reserved. All material on this site is intended for the sole use of the individual site visitor and may not be reproduced electronically or in print without written permission from EDFUND, P.O. Box 419045, Rancho Cordova, CA, 95741-9045.

Legal Information | Security and Browser Information
Copyright 1998-2007, EDFUND. All rights reserved.