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Unfortunately for many community college students in the U.S., student loans are completely unavailable to them. These students — a disproportionate number of them being minorities — cannot take advantage of low-interest federal student loans because their community colleges refuse to participate in the federal student loan program. (more…)

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If you’re contemplating the daunting financial proposition of going to college, but are in two minds because of the cost, then it’s time to change your thinking. Going to college is an investment that will make you money - the facts speak for themselves. Consider this:

• Having a degree means you will earn on average $20,000 per year more than someone who hasn’t gone to college. That means you’ll still be making a heap extra long after your college loan is paid off.
• Think about what you’ll study carefully, and if you can combine your interest with a job that’s on the high salary and high demand list, your investment in college will pay off even better. Jobs in computer based areas are still amongst the highest paying and in highest demand; other jobs that are projected to provide steady employment and good salaries include financial services agents, securities sales agents, engineers, post secondary teachers and accountants.
• You don’t need to attend the most expensive college to get a successful career in one of these areas. Often times a degree from a public (and therefore much cheaper) college is held in the same regard. Do your research carefully.
• Think of a degree as an asset, like a house. It’s probably the most important asset you’ll ever have.

credit: Neil CareyIt’s becoming increasingly common to spend one semester of your degree abroad, both to enjoy a different cultural experience and it because it looks good on your resume. But with the costs of college education always increasing, you could even consider completing your entire degree abroad.

Education systems around the world are all markedly different, but it is definitely possible to get a quality education outside the United States for a cheaper price. Of course, that could depend on how many times you want to fly home during your course, but the possibility is there.
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credit: matsuda.yukihiroIn a somewhat surprising, but welcome, move, Stanford University has announced its intention to eliminate the financial burden of almost a third of its students.
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