Physician's Money Digest, April15 2003, Volume 10, Issue 7


If you're having sleepless nightsover how you're going to pay collegetuition for your children, you don'teven want to think about the cost ofapplying to colleges. But at $50 ormore per application, the cost ofpicking a college that's right for yourchild is getting steeper. One solutionis to cut down the list of collegesbefore starting the applicationprocess; instead of 15 or 20 schools,zero in on 5 or 6. Travel costs canmount up too; save on-campus visitsfor only the schools that are amongyour child's top choices. Pickingthe right college saves moneybecause your child is more likely tostay put. Statistics show that 1 in 8college students drop out beforegraduation and 20% transfer within3 years after enrolling.