{"id":236424,"date":"2021-04-27T12:08:00","date_gmt":"2021-04-27T09:08:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/"},"modified":"2021-04-27T12:08:00","modified_gmt":"2021-04-27T09:08:00","slug":"still-hesitant-about-going-to-college-why-you-shouldnt-wait","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/","title":{"rendered":"#\n  Still hesitant about going to college? Why you shouldn\u2019t wait"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32a7453fe25\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32a7453fe25\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#Delaying_enrollment_or_not_finishing_your_degree_has_consequences\" >Delaying enrollment or not finishing your degree has consequences<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#Youll_earn_more_with_a_degree\" >You\u2019ll earn more with a degree<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#The_longer_the_pause_the_harder_it_is_to_finish_a_degree\" >The longer the pause, the harder it is to finish a degree<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#Youre_more_likely_to_default_on_student_loans_if_you_dont_finish\" >You\u2019re more likely to default on student loans if you don\u2019t finish<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#How_to_pay_for_college_if_your_familys_finances_have_changed\" >How to pay for college if your family\u2019s finances have changed<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/still-hesitant-about-going-to-college-why-you-shouldnt-wait\/#Anna_Helhoski\" >Anna Helhoski<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Still hesitant about going to college? Why you shouldn\u2019t wait<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Delaying_enrollment_or_not_finishing_your_degree_has_consequences\"><\/span>\n  Delaying enrollment or not finishing your degree has consequences<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000244313\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       <em>This <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/college-interrupted-the-case-for-going-back-to-school?utm_campaign=ct_prod&amp;utm_source=syndication&amp;utm_medium=wire&amp;utm_term=anne-stanleymarketwatch-com&amp;utm_content=985226\" class=\"icon none\"><em>article<\/em><\/a><em> is reprinted by permission from <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/blog\/?utm_campaign=ct_prod&amp;utm_source=syndication&amp;utm_medium=wire&amp;utm_term=anne-stanleymarketwatch-com\" class=\"icon none\"><em>NerdWallet<\/em><\/a><em>.\u00a0<\/em><\/p>\n<p> A cautionary note for the high school classes of 2020 and 2021: Waiting to enroll in college decreases the likelihood you\u2019ll ever attend or complete a degree.<\/p>\n<p>It\u2019s a valid concern for both cohorts. Due to the pandemic, undergraduate enrollment was down 2.5% in fall 2020 and down 4.5% for spring 2021, compared with the previous fall and spring, respectively,\u00a0according to the National Student Clearinghouse Research Center.<\/p>\n<div class=\"paywall\">\n       There are also warning signs of an enrollment slump to come. The class of 2021 is lagging in completing the Free <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>lication for Federal Student Aid, or\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/l\/nerdwallet-guide-to-fafsa?utm_campaign=ct_prod&amp;utm_content=985226&amp;utm_medium=wire&amp;utm_source=syndication&amp;utm_term=anne-stanleymarketwatch-com\" class=\"icon none\">FAFSA<\/a>. The application is the gatekeeper for college financial aid and, as of April 2, 2021, completion is down 7% compared with applications completed by the same time last year. FAFSA completions are an indicator of enrollment for the upcoming academic year, says Bill DeBaun, director of data and evaluation at the National College Attainment Network.<\/p>\n<p>\u201cWhen you\u2019re talking about the senior class that measures millions of students, you\u2019re talking about many students with their postsecondary trajectory potentially altered,\u201d DeBaun says.<\/p>\n<p>Skipping out on college, delaying enrollment or not finishing a degree has consequences:<\/p>\n<ul class=\"articleList\">\n<li>\n      You\u2019ll earn less if you don\u2019t go.<\/p>\n<\/li>\n<li>\n      If you don\u2019t go soon, you\u2019re less likely to go back.<\/p>\n<\/li>\n<li>\n      If you start a degree but don\u2019t finish, you\u2019re more likely to default on any student loans you took out.<\/p>\n<\/li>\n<\/ul>\n<p>A gap year made sense for many high school graduates in 2020 and is appealing for 2021 grads, too, experts say. The pandemic resulted in an uneven college experience that may have included hybrid and virtual learning, regular COVID-19 testing and quarantines. And not every student was well-positioned \u2014 or had the broadband access \u2014 to learn virtually.<\/p>\n<p>\u201cWe\u2019ll probably be having this conversation 10 and 20 years from now, as to how this affected the next generation,\u201d says Nicole Smith, research professor and chief economist at the Georgetown University Center on Education and the Workforce.<\/p>\n<p><strong>Also see: <\/strong>Community colleges and their students were already vulnerable. Then the pandemic hit<\/p>\n<p>If you sat out from college because of the pandemic or are planning to, experts argue that you should reconsider. Here are three key reasons why.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<h6><span class=\"ez-toc-section\" id=\"Youll_earn_more_with_a_degree\"><\/span><strong>You\u2019ll earn more with a degree<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>So what if you delay or never go to college? Opportunity costs, mostly.<\/p>\n<p>Getting a degree could mean earning nearly a million dollars more over your lifetime, according to data from the Georgetown University Center on Education and the Workforce.<\/p>\n<p>Delaying enrollment for one year can cost a year\u2019s worth of wages over your lifetime, which you never recoup, according to a July 2020 report from the Federal Reserve Bank of New York.<\/p>\n<p>Earnings, no matter the education level, will vary by occupation, region, gender and race. But bachelor\u2019s degree holders still earn, on average, 31% more in their lifetimes than associate degree holders and 84% more than those with only a high school diploma.<\/p>\n<p><strong>Don\u2019t miss:<\/strong> California state universities to require COVID-19 vaccinations for fall<\/p>\n<p>That\u2019s not to say you can\u2019t consider education alternatives \u2014 short-term credential and trade programs, apprenticeships and associate degrees are all viable options. Statistically, though, a four-year degree or higher is a stronger insurance for greater earnings over your lifetime.<\/p>\n<p>For low-income students and students of color who statistically have less generational wealth, degrees are also the best vehicle for upward mobility, says Michelle Dimino, education senior policy advisor at Third Way, a public policy think tank. A recent Third Way study found that most bachelor\u2019s degree programs net low-income students high enough wages to justify out-of-pocket costs.<\/p>\n<p>\u201cWhat we\u2019re seeing is students who would most benefit from the socioeconomic benefits a college degree can provide are the least likely to be enrolling at this point in time,\u201d Dimino says. \u201cThe biggest concern that we have for those students delaying enrollment is it might lead to permanently forgoing college.\u201d<\/p>\n<h6><span class=\"ez-toc-section\" id=\"The_longer_the_pause_the_harder_it_is_to_finish_a_degree\"><\/span><strong>The longer the pause, the harder it is to finish a degree<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>According to federal data, there are millions of adult learners who don\u2019t start college until they\u2019re well into their 20s or older.<\/p>\n<p>But you\u2019re less likely to complete a degree if you delay:\u00a0Nearly half of those who delayed enrollment left college without earning a degree, compared with 27% of those who didn\u2019t delay, according to a 2005 report from the\u00a0National Center for Education Statistics.<\/p>\n<p>The further you get from high school, the less academic support and one-on-one encouragement you have to attend college, experts say. It\u2019s also more likely you\u2019ll get a job, start a family and have other income demands.<\/p>\n<p>\u201cThere\u2019s something about that window of 18 to 24; if you start out at that point, you\u2019re likely to get to where you need to be,\u201d Smith says.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Youre_more_likely_to_default_on_student_loans_if_you_dont_finish\"><\/span><strong>You\u2019re more likely to default on student loans if you don\u2019t finish<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Returning to college is especially important if you have student debt, as\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/student-loan-debt?utm_campaign=ct_prod&amp;utm_content=985226&amp;utm_medium=wire&amp;utm_source=syndication&amp;utm_term=anne-stanleymarketwatch-com\" class=\"icon none\">most students do<\/a>. Without a degree, federal data shows, you\u2019re statistically more likely to be late on payments and\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/student-loan-default?utm_campaign=ct_prod&amp;utm_content=985226&amp;utm_medium=wire&amp;utm_source=syndication&amp;utm_term=anne-stanleymarketwatch-com\" class=\"icon none\">default<\/a>. This outcome can lead to a damaged credit score, collection costs and wage garnishment.<\/p>\n<p>Federal data shows that among a cohort of students who started college in 2003-2004 and defaulted on student debt, nearly half didn\u2019t complete their education, while 10% finished a bachelor\u2019s degree.<\/p>\n<p>The situation is the worst for Black student borrowers: The Brookings Institution found that Black first-time college students default at a rate three times higher than their white counterparts.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"How_to_pay_for_college_if_your_familys_finances_have_changed\"><\/span><strong>How to pay for college if your family\u2019s finances have changed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>If you\u2019re reconsidering your decision to delay or forgo college, first figure out the best way to pay.<\/p>\n<p>Start by submitting the FAFSA as soon as possible to qualify for federal, state and school financial aid, including Pell Grants, scholarships, work-study and federal student loans.<\/p>\n<p>If your family\u2019s financial situation has changed due to the pandemic, request a\u00a0professional judgment\u00a0from your prospective or current school\u2019s financial aid office. You\u2019ll need to request a specific amount and submit documentation of why you need more aid, like confirmation of a parent\u2019s unemployment or medical bills.<\/p>\n<p><strong>Read next:<\/strong> How would \u2018free college\u2019 actually work? What experts say could be in the cards<\/p>\n<p>If there\u2019s still a gap to fill, consider private loans.<\/p>\n<p>Alternately, you could think about entering community college for a year or two, then transferring. Find out if the community college you\u2019re considering has credit transfer agreements (known as an articulation agreement) with any four-year colleges you\u2019re interested in attending.<\/p>\n<p><strong>More From NerdWallet<\/strong><\/p>\n<ul class=\"articleList\">\n<li>\n      <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/student-loan-debt?utm_campaign=ct_prod&amp;utm_source=syndication&amp;utm_medium=wire&amp;utm_term=anne-stanleymarketwatch-com&amp;utm_content=985226\" class=\"icon none\">2021 Student Loan Debt Statistics<\/a><\/p>\n<\/li>\n<li>\n      <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/financial-help-college-students?utm_campaign=ct_prod&amp;utm_source=syndication&amp;utm_medium=wire&amp;utm_term=anne-stanleymarketwatch-com&amp;utm_content=985226\" class=\"icon none\">9 Kinds of COVID-19 Relief for College Students<\/a><\/p>\n<\/li>\n<li>\n      <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nerdwallet.com\/article\/loans\/student-loans\/not-enough-financial-aid?utm_campaign=ct_prod&amp;utm_source=syndication&amp;utm_medium=wire&amp;utm_term=anne-stanleymarketwatch-com&amp;utm_content=985226\" class=\"icon none\">How to Get More Financial Aid<\/a><\/p>\n<\/li>\n<\/ul>\n<p><em>Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>: @AnnaHelhoski.<\/em><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Anna Helhoski\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Anna_Helhoski\"><\/span>Anna Helhoski<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D3BA59EB8544%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Still hesitant about going to college? Why you shouldn\u2019t wait &#8221; Delaying enrollment or not finishing your degree has consequences This article is reprinted by permission from NerdWallet.\u00a0 A cautionary note for the high school classes of 2020 and 2021: Waiting to enroll in college decreases the likelihood you\u2019ll ever attend or complete a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":236425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-236424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/236424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=236424"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/236424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/236425"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=236424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=236424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=236424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}