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Don't Pay Too Much Attention to College Sticker Prices

Earlier this month, fellow Fool Morgan Housel highlighted the problem of massive debt college graduates take with them when entering the workforce. The problem, he argued, may not be the system of higher education in general, but rather the pathway so many students choose to follow.

Four years of college at a private school right out of high school is awfully expensive compared with two years at a community college and two years at a state college.  

But even when we're talking about private schools, the numbers can be misleading. With a little digging, parents and students can find plenty of quality schools whose students routinely get a 30% discount on a college's sticker price.  

To highlight this phenomenon, and discuss how you can find the schools with the biggest discounts, Motley Fool contributor Brian Stoffel offers a specific example.

Late to the college savings game?
If you haven't been able to start saving for your child's education, the best thing you can do is start right now.  And if you'd like to focus on growth stocks to make up the difference, there's no better place to start than with the investment philosophy of our very own David Gardner. You can uncover his scientific approach to crushing the market and his carefully chosen six picks for ultimate growth instantly, because he's making this premium report free for you today. Click here now for access.

Source: Central College, Ruhrfisch via Wikimedia Commons.

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Brian Stoffel

Brian Stoffel has been a Fool since 2008, and a financial journalist for the Motley Fool since 2010. He tends to follow the investment strategies of Fool-founder David Gardner, looking for the most innovative companies driving positive change for the future.

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