User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


53° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Back to all news

Education

Find local businesses
on the KELO Pages!

 

Comparison Shopping For Colleges

April 11, 2012, 5:58 PM by Peggy Moyer

Comparison Shopping For Colleges
SIOXU FALLS, SD -

A new website aims to help students comparison shop for colleges.

The amount of student loan debt now tops one trillion dollars. That's more than credit cards and car loans.

The Consumer Financial Protection Bureau says students considering college need to know now more than ever all of the costs associated with their degree.

South Dakota has the largest percentage of students leaving college with debt in the U.S., averaging more than $23,000.  While students know they'll be in debt after graduation, they don't know how much or how long it will take to pay it off.

Many high school seniors are now deciding what institution they want to go to. The "Know Before You Go" program is designed to take the confusion out of the financial piece.

With help of a new website, students and parents compare the price of colleges online. Students can enter in the schools of their choice and the value of any aid like scholarships or Pell Grants.  The website calculates the size of loan needed and what monthly payments would look like after graduation.

Students say the website addresses what's on their minds.

"I'm pretty stressed about the finances of college. It's a lot to deal with. I'm trying to, as much as I can, save up money for that," Harrisburg senior Rachael Larson said.

Jackie Geppert-Anderson is a guidance counselor at Lincoln High in Sioux Falls and she says the website will open a dialogue between students and parents.

"When you get to the financial part of it, you don't want to say, 'You can't afford this; you can't afford that.' So then the kids can sit down with parents and compare three schools and see financially if I would be able to afford to go to these schools or not," Geppert-Anderson said.

The BETA version of the website went up Wednesday afternoon. The "Know Before You Owe" program wants feedback on the site to make it as useful as possible for students.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View education

You may also like

Superintendent Fears Teacher Shortage In SD

7/24/2014 5:03 PM

A growing number of open positions, plus not enough teachers, equals a tough problem to solve for South Dakota educators.

Full Story | Watch
MN Attorney General Sues Two Colleges

7/22/2014 2:29 PM

Minnesota's attorney general has filed a lawsuit against two colleges, accusing the schools of misleading criminal justice students about their ab...

Full Story
Students Hold Fundraiser For Classmate

7/26/2014 6:00 PM

Edison Middle School students and parents washed cars Saturday in Sioux Falls, accepting free-will donations to help with a classmate's medical bi...

Full Story
SD Lagging Behind National Average For Preschoolers

7/27/2014 5:30 PM

The number of children attending preschool in South Dakota is going up, but the state still sits behind the national average in attendance.

Full Story | Watch
Backpack Program Looks To Feed 3,600 Students

7/28/2014 11:18 AM

South Dakota's largest charitable hunger relief organization says it will provide food to a record 3,600 children this fall through its Backpack P...

Full Story


Events