Creative Ways to Pay for College
The cost of college tuition is rising at a rate that is alarming to most experts. The end result of this process is that millions of students have been saddled with far larger student debt and student loans than past generations of college goers. Many older people don’t readily realize this fact. However you, as a younger person in college or headed there soon, need to face that at least for you and your generation, there is a different economic reality where paying for college is concerned. The purpose of this article is to get you thinking about how you can keep the high cost of college under control and at the same time give you some pointers to help get the ball rolling.
Consider Community College
Community college has a great deal to offer students. Community colleges stand as one of the few remaining excellent deals in education. If you want to save a great deal of money on your college education, start at a community college, pull excellent grades, take the classes very seriously, get great letters of recommendation and then transfer to a four-year institution to finish off your degree.
Research All of Your State Schools Very Thoroughly
You might be able to save a bundle just by opting for a state school; however, you might even be able to save a whole lot more by selecting the right school. This may mean attending a school that wasn’t your first choice, but that isn’t exactly the end of the world if you are saving a “king’s ransom!” The difference between one state school and another in your state could make a difference over the course of your degree.
Skip Student Housing
If you are willing to “rough it” a bit, you may very well be able to save a considerable amount of money every month by forgoing student housing and campus life and living off campus. In fact, you might need to live way, way off campus and commute if possible. Finding cheap rent and sharing that apartment or house with roommates is something that students all around the world do everyday, and you might need to do it as well. Those willing to live in the “middle of nowhere” will be rewarded with cheap rent.
Hi Mom, Hi Dad
Then there is the “Mom and Dad Option.” While you may be ready to leave the nest, your future bank account might really appreciate it if you were to stay at home just a little bit longer. If your situation is such that you can live at home and go to college, then this could be another way that you save a bundle.
The Little Things Add Up
“Small” purchases, such as books, are not really that small after all. When you factor out how much books can cost over the course of a 4 year degree, the fact is books cost you dearly. Instead of buying your books at your campus bookstore, look for other, less pricy options such as buying online, finding used books or going the ebook option when possible.