Jasmine Boyd-Perry being interviewed for The Takeaway in the WGBH studios. (WGBH/Liz Ross)
It’s college admissions season and high school seniors are figuring out which schools they want to attend—and if they can afford to go to them. With skyrocketing costs, analysts say it's more important than ever that students fully understand the financial implications of their decisions.
Inwith On Campus, recently talked with Mike Wasserman, the Massachusetts executive director of the non-profit which helps disadvantaged and first generation students apply for and graduate from college, and Jasmine Boyd-Perry, a junior at the University of Massachusetts Boston.
Wasserman discussed the role perceptions play when it comes time to make a college decision -- should students make a choice based on financial realities or what they've always dreamed of?
For Jasmine Boyd-Perry, being realistic has meant the difference between drowning in debt and shouldering a bearable burden.
What it comes down to, is sometimes making a tough choice.
"Do I want to pay this much money for a name, for a dream?" Jasmine asked.
Check out a video of Jasmine's #1 college decision tip.
What do you think? Is going into debt for your dream school worth it? Should students compromise?