Reply to For those with kids in college, give me the real scoop on the “perks”

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Lol, the OP asked if all the things they promised were valid. I’m just letting him know that there is no end to the opportunities for college students.[/quote]

OP - I think tney are valid but they do cost money.  DD is going to study at Oxford this summer but we pay flights and tuition.  However, course credit and grades are transferred back to home school.  We do not get any financial aid.

There are three things to watch for:

1)  A lot of colleges and universities have realized that the semester or year abroad is a moneymaker for the institutiton.  They do charge college regular tuition but work out a cheap exchange program int he foreign country.  School pockets the difference.  SLACS and LACS in financial trouble do this a lot.

2) Next problem:  Your child returns from say, third year abroad, and finds they cannot get the necessary classes to finish their major in 4 years.  They have to take a fifith or sixth year.  School wins again because you are paying for tuititon and room and board.  This happens more at the Universities.  Students taking more than four years to graduate is not uncommon and can be a real jolt to your family's budget.

3)  Schools have learned that if they can send 1/4 of their population away for a year aboard program, they can run more students through the school.  Watch for this in SLACs where room and board on campus is required for as many as three years.  That tells you the school is trying to maximize the amouont of money it can out of parents.  Moving off campus is forbidden.  Dorms that were meant to be doubles are not tripled up and as many students as possible are sent on semester or year abroad programs.

So, in other words, study abroad is a huge money-makers for colleges.  You need to ask a lot of questions - particularly about quality of program your student will be attending and oversight.[/quote]

GREAT advice!  I would add that some of the study abroad programs allow for lots of partying/drinking.  Your DC may loose traction when they return to their home school.[/quote]

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