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Can You Get a Worthwhile Education at an Affordable Price?

It’s no secret that getting a college education is expensive. While some students are fortunate enough to earn a scholarship, most students have to find other means to pay for their schooling. Tuition alone is a significant commitment, not to mention all the other expenses that go along with it, like housing, food, books, etc. Plus, it takes on even greater meaning when you start to consider the actual education you are receiving. So how do you get an affordable education that’s worth it? And how do you know you are getting the right education in order to have a successful future?

Is Your Education Worth the Price?

Is your education really worth what you pay for it? It’s hard to answer that question, because there are so many different education experiences to be had. Likewise, not all fields and careers are created equal. Additionally, potential employers might consider education from one school to be a lot more valuable than other schools. Ultimately, if your education experience helps you land the type of job you’re looking for with a satisfactory salary then your education is likely worth the price.

How to Find an Affordable Education
So the next step is finding the right education at a price you can afford. Here are some suggestions. Number one, you can start by applying to several different schools. You should apply to as many schools as you can afford. Why does this matter? Studies show that the more schools you have to choose from themore likely you are to receive financial aid. Plus, if you’re a good student already, then more schools will be interested in having you attend.

Consider Scholarships
Another option is to start at a community college with the mindset to transfer later on. Community college tuition is cheaper and if you prove yourself at a smaller school, you are more likely to attract larger schools, and perhaps scholarships, down the road. Speaking of scholarships, this is another way to get a great education at an affordable price. Apply for as many scholarships and grants as you can. Any help you can get will make your education experience more affordable.

New Hybrid Degrees
There is a new trend that is starting to emerge in college education, as some institutions are now offering five-year programs that combine both baccalaureate and masters degrees into the same time frame. This not only offers an expanded and more in-depth education opportunity, but also a more cost-effective one. That’s because some schools even offer undergraduates the chance to take graduate courses at lower prices.

Extra Skills and Programs
Other universities and institutions are now offering additional non-degree programs that are designed to help students upgrade their so-called executive skills and enhance their resumes. Some of these programs even incorporate executive coaching skills into their training, which is another way to improve students’ chances of being hired, as well as their earning potential when they enter the workforce.

Do Your Homework
The bottom line is if you want to get a worthwhile education at an affordable price, you have to do your homework. No pun intended. Research all the available schools and programs within your reach and then choose the one that best meets your desires and needs.

The post Can You Get a Worthwhile Education at an Affordable Price? first appeared on Advisors to the Ultra-Affluent – Groco.


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