At this pace, it’s understandable why so many of today’s generation have inadequate schooling before they are thrown into the real world for a career. Regardless, here are four tips to keeping your college education affordable.
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Take Advantage of Online Services
It’s highly unlikely you’ll spend your break hours going over financials on Excel at your college dorm room. A more convenient way exists, however. Set up your accounts online, both through your laptop or desktop and a mobile device. Smartphone apps and online services can make cash management easier and more accurate.
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Keep Student Debt Small
You’re probably aware of the sizable amount of student debt that accumulates every year, whether you heard it from a friend, or have read the outcries of millions of students in the US. The issue is not unavoidable. You can easily minimize debt by spending your budget on the right things, which do not include pizza nights, out-of-town barhops, and expensive gadgets you don’t really need for studies. Try to get a good loan and be sure to apply to grants and scholarships before you apply for loans.
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Pursue the Highest Possible Degree
A master of public administration program can land you better-paying jobs than a bachelor’s degree. Sure it costs more tuition and time spent earning the degree, but the long-term payoff is definitely worthwhile. Check with your school if they offer any specific financial aid for certain high-level students or masters programs students.
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Cut Down on Textbook Expenses
Textbooks are notorious for swallowing up college budgets. With some light research and assiduous shopping, you can find textbooks that are up to 50 percent off their original price. The textbooks you find may be secondhand, but as long as the content is readable, it’s an absolute bargain. Make sure to look for textbooks where the exercise segments have not yet been filled out, otherwise you may be unable to learn and practice what is taught in the subject.
Going to college is a great financial investment that everyone should work towards. With your earned degree, you’ll be able to work in better environments and positions. While there are a lot other ways to keep your education affordable, the four tips above should help you start off with those much needed savings.
- Herb Childress
- Publisher: University of Chicago Press
- Edition no. 0 (04/22/2019)
- Developed with guidance by Sharon Lechter, co-author of the Best-Selling Books: Think and Grow Rich - Three Feet from Gold, Rich Dad Poor Dad and the...
- Teaches financial management and cash flow skills in a fun and engaging way
- Puts an emphasis on giving back to others and inspires discussion and further learning.
Last update on 2020-03-19 / Affiliate links / Images from Amazon Product Advertising API
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