The Hidden Costs
As we’ll talk about more in Chapter 3, college has more hidden or “indirect” costs than a student has dirty laundry at Thanksgiving break. This can include major expenses such as travel if a student goes to school far away from friends and family, to minor costs that can pile up, such as student government and Greek life fees.
It’s typical for almost every student to have at least $250 or more of these hidden costs per semester. However, students who will travel home frequently, participate in extracurricular activities, or have additional fees associated with their specific field of study can easily spend an additional $1,000 or more per semester.
On your College Cash Strategy Worksheet, you’ll find a line for each one of ...