Presentation on theme: "The True Cost of Skipping Class"— Presentation transcript:
1 The True Cost of Skipping Class You smack the snooze button in the early morning, “Just a few more minutes, Mom…wait, Mom?” Nope, no Mom, and your responsible roommate has already left for class. You slept through 4 alarms and are now 23 minutes late for class. Well, there’s always tomorrow right?See just how much it costs you, or your parents, or the generous organizations providing you with grants and scholarships, to skip class, even just once in a while.
2 Yearly Tuition & Fees $21,200 $41,158 $47,284 In-State Out-of-State International*Calculated for Freshman with 15 credits/semester and standard housing/meal plan*Note: This does not include program fees$21,200$41,158$47,284
3 Price Per Credit Hour $420.75 $460.00 $100.00- $545.00 Undergrad (Lower Division) Undergrad (Upper Division) Program Fees per Semester .Or the price of:Designer Handbag4 Tickets to see Matchbox Twenty and the Goo Goo Dolls at DTEHD LCD 40 inch TV$420.75$460.00$$545.00*Based off of In-State*REMEMBER: This is for a 1 credit class. Most classes are 3-4 credit hours
4 That Adds UP! Per Semester = $512.78 Per Year = $1,025.57 In 4 years = $4,102.31*Based off of In-State for skipping of a 3 credit class period (1 ½ hours)
5 Financial Aid Spent on Skipped Classes On average, full-time students receive $15,000 per year in financial aid.That means that approximately 10% of your financial aid each year is spent on skipped classes.Over 4 years, $57,129of debt for classes you attended$2,871of debt for classesyou skipped*Assuming at least 70% of your financial aid is student/parent loans
6 Earn Back Your Lost Money! Only 56% of the class of 2010 had a job 1 year after graduatingIf you get a job, check out how long it will take to pay off your debt:131 hours of work152 hours of work*That’s just for your SKIPPED classes, not including other debtMale college grads earn an average of $21.68/hourFemale college grads earn an average of $18.80/hour
7 Why Do Students Skip? EXCUSE EXCUSE EXCUSE Other common Excuses: -Too lazy-Not expecting anything “important” to happen in class-Doctor or other appointmentThey could be lying, About 1 in 3 US workers have used a fake excuse to get out of work - college students are no exception.EXCUSEEXCUSEEXCUSE
8 The After Effects 3X more likely to be unemployed 2X more likely to Those who waste time in college are:3X more likely to be unemployed2X more likely tolive with their parents
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