PRICE TAG: Keeping College Costs Down
Iowa leaders want college students to check out a website they feel could save them thousands.
ROCI, which stands for Return on College Investment, offers ways for students to learn more about financial aid, save money on everyday expenses and weight whether taking out loans makes sense with the anticipated earnings they will get in their chosen career.
The Iowa Student Loan spent $100,000 on the site, according to Board Chair Christine Hensley, who is also a Des Moines Council member.
“The ROCI reality check allows students to compare various types of jobs and their associated starting salaries and the future demand and probability that they will actually get a job,” said Hensley.
Hensley said students who have gone through the site take out on average $2,000 less in loans.
Anyone can access the free website here.