The fee of College or tuition nowadays is higher than ever before,while earnings and incomes haven’t increased much and unemployment rate still remains high. According to the College Board, college tuition increases six percent every year. Over the past two decades, college costs have grown faster than health care costs. College may cost more, but programs are available to make the dream of college a reality.
As a full time student, you may qualify for federal financial aid. Federal aid can come in the form of grants or loans with favorable terms and low interest rates compared to bank loans. Federal loans offer flexible payment plans according to your expected salary.
If you’re currently working, check to see if your employer offers a tuition assistance program. These programs allow workers to return to school and earn a degree that will make them better employees and more valuable to the company. Depending on where you work, your employer may cover some or even all tuition costs. Don’t forget: going to school part-time may also allow you to pay-as-you-go, which could decrease your overall debt at graduation.
Another way to pay for school is through scholarships. Millions of scholarships are available to students each year and can be used for most college-related expenses. Scholarship awards can range from a few hundred dollars to covering your entire college education. In addition, schools you’re applying to may offer merit scholarships based on past academic performance. Applying for scholarships can be time-consuming, but the chance for this financial assistance makes it worth the effort.
With all of these financial resources at your disposal, now is the time to go school and earn your degree. A degree will allow you to advance your career, increase your salary, and keep you working for years to come.There will be bunch of earning opportunities for those who hold higher education paper when the economic fully recover.
Ref:
edu.govcentral.com
earningsource.blogspot.com
