Earlier this week I sat down with a girl I mentor to read over her essays for college scholarships.
She got into some great schools (Tufts and Georgetown), but the financial aid hasn’t poured in the way she hoped. She got into UGA and is eligible for the HOPE scholarship. She wanted to leave Georgia and experience another part of the country, but she’s afraid of graduating with a ton of debt.
Her parents can’t help as much as they’d like. Her dad got laid off about two months ago. Her mom works but said the family will have little to nothing left after they pay the mortgage, other bills and expenses for her two younger siblings
Now she’s looking into grants, college loans and every scholarship she can find on FastWeb and other sites. She’s called some local businesses near her top college choices to see if they’ll have jobs.
This is the time of year when college acceptance letters come pouring in and tough decisions must be made.
Are you saying no to some colleges out-of-state because of the recession? Parents, are you telling your kids they need to stay in Georgia to save money?