Target audience research

The target audience for my magazine is college students aged 16-18 and above.

Questions to ask my target audience:

1. What kind of stories and articles would you like to see in a magazine?
2. How much would you be willing to pay for a magazine?
3. Would you rather a less formal or more formal approach?
4. Would you rather a bright, stand out or a duller, more mature colour scheme?
5. What kind of layout do you prefer? More clutter or more structure?

I asked these questions to a group of college students to gather their input.