US News has a new article entitled “How to Pick the Best College for You (and Your Wallet“). The article is a discussion with Mark Kantrowitz of FinAid.org and provides some helpful information for students who are in the process of finding the best college for their needs.
While the information provided is very helpful for students who are trying to evaluate financial aid offers, families with younger students should not view this as the whole story on financial aid. One of the biggest problems I see with paying for college is a lack of early planning when choosing a college.
Regular readers have heard me saying this many times, but if a family is concerned about paying for college, they need to take financial aid into consideration when first deciding which colleges they will apply to. If you take that extra step in choosing a college, the considerations discussed in the US News article will provide the extra help to make that final decision.