Save Money at a Community or Online College
credit: kevindooley
With the cost of getting a good education constantly rising, many students are finding they finish college with a mountain of debts that will take quite a few years to repay - assuming they get a good job at the end of it. To improve their chances of getting a good job, many students end up studying at a more prestigious school, which is also more expensive, so they have an even larger debt: and the cycle begins.
However, there are other ways to deal with these challenges. A good way is to consider attending a cheaper college for the first year or two of your degree study. For example, try a community college or an online school - although you should beware that some community colleges don’t participate in student loan schemes, so check up on that first. After one or two years with cheaper schooling, it is often relatively easy to transfer your credits to a more prestigious school and only pay higher fees for the last couple of years of your course - but you end up with a diploma from the “better” school.
It’s also worth considering that a more expensive school might not actually be better for you. It’s not necessarily true for everybody that attending a more prestigious school will make much difference to the positions you get after graduation.
Tags: college | Finances | Student Loans
This entry was posted on Monday, June 2nd, 2008 at 3:45 am and is filed under College and Education. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
