College Applicant Had 'Fingers Crossed For A Full Ride'

As part of Morning Edition's Paying for College series, high school senior Tao Lee discusses her plans. She got accepted to Boston University, but her family's finances are affecting her decision.

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STEVE INSKEEP, HOST:

This has been a week of decision for many students and their families. Midnight last night was the deadline for most applicants to decide which college they will attend in the fall.

RENEE MONTAGNE, HOST:

One big question is how to pay for the choice they make. We've been talking about paying for college with experts and students, like Tao Lee(ph), a senior at Irvington High School near San Francisco.

TAO LEE: I think we all have our fingers crossed for a full ride. And, like, it's really scary to me.

MONTAGNE: Tao did get into the school she wanted, but not with the big scholarship she hoped for.

LEE: So, I got accepted into Boston University. And the tuition and fees are about 60k a year, and that's definitely not affordable for my family. I really want to go to grad school, so I think it's just better to go to community college and save money and transfer somewhere else later.

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