when it comes to managing finances. The craze of enrolling at one of the finest colleges or universities compels them to take out loans. Even before they can start earning, they are neck-deep in debts. When they cannot manage the mounting debts, they drop out of college.
You have to be realistic when it comes to making the choice of a college. Determine your budget. Pick the colleges within your permissible price range. Do not equate the quality of education with its price tag. A cheaper education does not always mean poorer-quality education. To study at a location away from home, you will have to consider expenses of lodging, boarding, travel and meals in addition to tuition fees.
I have always believed that having a clear goal and putting hard work in are the most important thing. Think about it this way – how many people graduate from those ivy league colleges each year. How many of them end up really successful? One of the nice things about life is that you get to define your own success, and going to a famous college is hardly one.