To cut costs, high school students headed to college plan to live at home

Tim Grant

With college costs shooting through the roof and many parents unprepared for the burden of paying for it, high school students across the country are being forced to make choices about where they will attend college and how to cut costs once they get there.

One of the most significant findings in a new report by the Washington, D.C.-based College Savings Foundation is that for the first time this year a majority of high school students, 53 percent, plan to eliminate the dormitory expense altogether and live at home.

“We are encouraged that high school students are planning ahead and thinking deliberately about their futures. They may be living at home during college, but that may help them achieve more financial independence later,” said Mary Morris, chairman of the College Savings Foundation and CEO of Virginia 529 in Richmond, Va.

Some years ago, the Madison School District reduced high school academic choice via one size fits all courses, such as English 10.