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Weigh Passion, Practicality to Narrow Your College Search

Humans love to view the world in dichotomies, whether it’s good vs. evil, head vs. heart or passion vs. practicality. A dichotomy means “a division into two parts,” and it can be a powerful way to narrow a diverse set of possibilities down to a choice between two options.

The passion vs. practicality decision is especially evident in the college search. Students are often faced with either going with their hearts and choosing the college and major that speak to them, or making a calculation that will maximize earning power. But the options don’t have to be so stark.

When students are narrowing their final list of potential schools, they should consider how each of those schools appeals to both their passions and their practical side. If a certain school appeals to one side more than the other, the student can delve deeper into those factors when further researching the school. Ultimately, students can make a more informed decision in the end if they equally weigh the two sides of this dichotomy now, as they narrow the list of colleges where they’ll apply.

[Learn more about how to use personal data to find a college match.]

If a student neglects to consider both passion and practicality fairly, the effects can be disastrous. Consider my friend Henry, a passionate artist in high school who pursued a degree in economics at a respectable business school within a large state university.

Henry, predictably, was bored by the business school curriculum and graduated with a low-B average. He struggled to secure a rewarding job and instead held several low-paying sales positions while pursuing art on the side. Years later, Henry’s economics degree helps him balance his checkbook, but little else.

The opposite side of the debate is simple to recognize. Individuals who follow a passion for arts could be saddled with $60,000 in student loan debt and a degree in culinary arts or jewelry-making. Contrary to the advice of some, following your passion does not always automatically result in a well-paying position either.

When considering your ideal college or university, include options that excite you, such as schools with lively music scenes, socially engaged student bodies or ones with study abroad programs in countries that interest you. Productivity requires a passion for the work you do, and success in college necessitates work.

[Get advice from current students about making the college choice.]

Do not make the mistake of believing that anything enjoyable is also impractical. There are legions of artists who are fulfilled and financially secure as web designers or marketing professionals, for instance.

Likewise, consider the practical side of your college choices. Write a list of limits based on your grades, financial situation and aspirations. Many schools offer generous financial aid packages, and now most have electronic tools that can help predict your eligibility. Take, for example, Baylor University‘s model.

Decide how much debt you are willing to amass and limit your choices accordingly. Including these factors does not mean you are shuttering your dreams. Rather, you are giving your dreams the chance to exist in reality after college.

Before you apply to a long list of schools, check the criteria you have set against each institution to see which fit, and which don’t. The options that most closely fit all your criteria — both the passion-based and the practical parts — should be the ones to which you mostly strongly consider applying.

[Here are five ways to pick the right college major.]

One excellent way to organize your college search is to look for high-value bargains. For my undergraduate education, I was accepted by a wide range of public and private schools. As much as my heart led me to the cozy campus of the most expensive option, I eventually settled on an honors program at an in-state university.

For the cost of in-state tuition, I received the small class sizes of a private school, as well as access to world-class student research opportunities that took me north of the Arctic Circle and to the volcanic slopes of Mount St. Helens.

If I were advising my younger self, I would have put affordability near the top of my list of criteria. By the conclusion of my college search, when the realities of expenses had set in, I had only one really affordable option on my list.

In other words, I had left myself with no affordable plan B that met my other criteria. I was fortunate in how the experience worked out, but I would advise students to have a short list of schools that meet their practical needs — such as money or distance from home — as well as the excellent schools that would require a miraculous scholarship in order to become practical.

College, like life, is a series of compromises. It may take some research to uncover the correct balance of desire and practicality, but it is well worth the effort. Whatever you do, do not allow yourself to narrow the world down to a simple choice between two extremes.

More from U.S. News

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Weigh Passion, Practicality to Narrow Your College Search originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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