What to Known About Financial Aid for the University of California
/While borrowing $21,000 to complete your degree at a UC may seem like a hefty price, student loans are a long-term financial investment into your future. Here is why the University of California believes student loans are a great investment in your future.
UC students borrow for student loans, on average, $7,350 less than the national average.
Loan payments at the UCs are structured around a 6% return of post-graduate earnings to pay off any student loans.
Graduating from college means that you will earn more money over your lifetime. The Social Security Administration found that those who graduate with a bachelor’s degree will earn $630,000 to $900,000, more than those who only have a high school degree.
College undergraduates have lower unemployment rates.
If you want to read more about what alumni from the UCs do after graduation, click below to read the Alumni Economic Mobility page: https://www.universityofcalifornia.edu/infocenter#alumni-economic-mobility