In the U.S. there are 4,627 degree-granting colleges and universities, with confusing and varying college admission requirements.
Barely half of the students that start college will ever graduate from college.
Even though inflation has only increased 16.4% over the last 20 years, the cost of attending college has increased 213% over the same period. Student loan debt in the U.S. is now over $1.5 Trillion dollars and that will continue to increase since the average student loan debt of a graduating college student in 2018 averages over $39,000.
Higher education is big business. Colleges, Universities, textbook publishers, technology providers, admissions advisors and others make over $475 Billion from students and their parents each year. This makes students (and their parents) very lucrative revenue targets, so they are constantly marketed with conflicting, agenda-driven (and sometimes corrupt) information about preparing for college, paying for college and attending college.
The good news is that earning a college degree will increase your lifetime earnings by over $700,000 for a 4-year degree and $300,000 for a 2-year degree. Besides higher wages, there are numerous other benefits associated with graduating from college. Many college graduates find work where they want to live, have more time for recreation, and enjoy a high standard of living. Some of the greatest benefits of a college education are experienced during school. Students learn about different cultures and interesting subjects. They are also introduced to theories and unfamiliar ideas they might not learn about without attending college.
In the confusing and intimidating realm of the college process, Farwiser is the knowledgeable mentor for students and their parents. We will help you navigate the system. We are committed to showing you the truth about college admissions, college financing and attending college. We are committed to show you the wiser way.