Millennials may hear their parents reminisce about putting themselves through college by working a summer job and part-time during the school year, but those days are long gone, NPR reports.
NPR broke down the costs of attending college in 1981-82 and how much students would have to work in order to cover their expenses that year. They then compared this to how much students would need to work to pay for college today with a minimum wage part-time or summer job, and the results are striking.
Many prospective and current college students don’t realize that their income and assets are taken into account when they apply for financial aid, just like that of their parents. So should students be worried about earning too much money and receiving less financial aid if they have a job?