Affordable College Education On A Shoestring Budget
Most of us don’t have the money to spend on higher education these days and some of us don’t want to take out loans in order to further our educations. What we ultimately need is the best education we can get for the lowest cost.
Sometimes this means getting an education at a local community college. If you pick a community college within driving distance of a major university, chances are that you’re actually going to get taught by some bright, young and enthusiastic graduate students working as adjuncts. These can be some of the most memorable classes as the professors are not yet jaded and boring.
Another option for affordable education is to take classes online. If you pick the right school, and you are a self-initiator, you can get a quality education without having to pay of all the overhead of a traditional school. When I was doing research for this article I came across this website which ranks online schools by lowest tuition. For example, if you want to get your MBA online, the most affordable program is Wayne State College at $7,433. That’s not cheap, but it’s the sort of investment that will probably pay off.
So there are two ways to get a relatively affordable college education on a shoestring budget. Do you have any other ideas?
2 Responses to “Affordable College Education On A Shoestring Budget”
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I agree that quality education does not need to be distant or expensive. Frequently, community or state schools provide excellent education. Only rarely would there a benefit to the “prestige” school when looking for a job.
As for getting the money, using part-time work and investments is a good mechanism as well. There are some very safe investment strategies today which will return 5-10% per month. Most of us are taught to just save, but the key is really to take that savings and make the money work for you, beyond what savings and funds will do. Those are standard commercial items meant to make the seller money not the investor.
If I want to further my studies, I’d probably go for online classes. More often than not, virtual schools charge lower rates than brick-and-mortar schools. You can also save on gas and travel time.