Even if one does not receive sufficient financial assistance to go to college loan-free, that doesn't mean that choosing to go to college is a bad financial decision. Having a college degree gives graduates access to many high-paying jobs that require degrees. On average, people with bachelor's degrees earn about $32,000 more annually than those without a bachelor's. Additionally, this earning gap between college graduates and those who have not graduated from college has been steadily widening.
Thus, it will be even more financially beneficial to have a bachelor's degree in the future. Securing a high-paying job as a college graduate can balance out the financial consequences of taking out loans. So, even if you don't receive financial assistance, going to college may be worth it because you will be able to get a higher paying job than someone without a degree.