Unexpected College Costs: Readers' Edition

July 31, 2009 RSS Feed Print
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As I was collecting ideas on unexpected college costs for my recent story on the subject, I heard about a lot of hidden expenses that aren't usually advertised in universities' marketing materials: Copying machines that eat cash. Mandatory gym fees. Formalwear for occasional Saturday night events. Some ideas didn't make it into the article, and readers added their own suggestions, as well. Here are some of my favorites:

  • A baby. Most college students don't go to school with the intention of starting a family, of course, but that's exactly what happened (unexpectedly) to one family I spoke with.
  • Career consultants. Some students benefit from the guidance of a professional who can help them choose classes that will help them reach their ultimate professional goals, but those services don't come cheap.
  • Health insurance. For students who are no longer on their parents' plans, insurance can be expensive.
  • Off-campus entertainment. While schools often host plenty of free events for those living on campus, many students attending college in big cities are drawn to the surrounding nightlife.
  • Birth control. The price of condoms and other forms of contraception can add up, but they help avoid the first expense on this list.
  • A loft bed. One reader suggested this item as a way of making the most of limited dorm room space.

Did you experience any college costs you weren't expected, or come up with ways to avoid them?

Tags:
personal finance

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Avoid expense through a conservative lifestyle! No birth control necessary; no extra funds for nightlife -- Avoid sex; avoid partying and nightlife; -- STUDY and be responsible and sensible!

Wow, what a concept! It saves $ !

Chris of TX 3:38PM August 05, 2009

1. Encourage good marks in high school to earn scholarships

2. Talk with college administration about breaking up consecutive education years with employment-to-earn-tuition years. Hard on the social life, but gets money in on a pay as you go basis which eliminates doubling debts with interest on college loans.

3. Graduate schools seem to prefer that accepted students defer matriculating and put in a year or two of employment in the field. Makes better students.

Jo Williams of CT 7:22PM July 31, 2009

Get your kids some college credit while still in high school.

There are (so it's said here at USNWR) some 200 high schools partnered with colleges where it is possible to get an entire 2-year associate's degree while still in high school---for free or nearly free.

SEARCH for any dual-credit opportunities you can find. You'll be more motivated in high school that way, anyhow.

It's hard to imagine ANYTHING that can compare to the cost savings of being in college two years less AND being in the paid work force two years sooner.

Muser of NM 3:41PM July 31, 2009

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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