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Education

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How To Invest In Quality Education Without Drowning In Debt

Investing in quality education will set you up for success in all areas of your life. However, it’s often difficult to find an educational program that doesn’t set you back in debt. Going to college online is the perfect way to fit college into your life–without the debt.

The Financial Strain of Traditional College

It’s often assumed that putting out the money at the start of a career to bolster yourself with a college degree is the ticket to earning big down the road. Many back up the high cost of tuition by considering a college education the only way to get hired for high paying jobs. It’s worth the investment now, people think, because you’ll earn back everything you pay up front.

However, costs of college tuition are skyrocketing. While in the past people thought that you earned your college degree to allow you to earn more money throughout your career, that’s simply no longer the case. Your college degree may not land you a job that pays back the costs–instead, you could very easily get stuck with tons of debt. New York’s Federal Reserve Bank estimates that outstanding student loan debt nationwide is at $902 billion.

Benefits for Older Learners

Going to work experience colleges online comes with a lot of financial benefits. Without paying astronomically high tuition prices, you’ll get the same knowledge students at traditional college campuses gain. This is especially beneficial when it comes to older workers and learners.

December 3, 2014

General

Saving Money When Changing Careers

Career changes are becoming increasingly common, with most millenials expecting to stay in one job for three years or less. If you’ve been working in the same field for a number of years and are feeling dissatisfied with your career, I’m sure you can understand why people are frequently returning to school after a number of years in the workforce.

If you’ve decided that a different field would be a better fit for you, going back to college might be the first step to beginning the career of your dreams. But the idea of giving up a paying job to go back to school can seem daunting at best, and impossible at worst. If leaving your current job is what is holding you back, consider taking classes online!

Distance education has come a long way from the days of mailing a package of coursework back and forth. Online learning portals are sophisticated, convenient ways of communicating with your instructors, viewing course materials, and submitting your work. Online courses can save you hundreds of dollars in textbooks and materials because you can view and submit most of your work online.

May 24, 2014

General

Cheap Tutoring Options For High School Students

Most of us remember what it was like to be in high school. More specifically, to be in a class in high school where either we didn’t really understand what was going on or, when we got our test scores back, they were lower than we thought they would be. It wasn’t so much that we didn’t study; it’s simply that we were having a harder time in that particular subject than others. And if our parents were playing close attention to all of this, one of the things that they might have done was gotten us a tutor.

Now we’re the parents and we see our son or daughter in a similar situation. If you want to get someone to assist them but your budget is tight, we want to share with you five cheap tutoring options; that way, your child can get the help that they need and you won’t have to spend a fortune in the process.

Check with their school. There are a lot of high schools that offer tutoring services (especially peer-to-peer ones) after school that are free of charge and so the first thing that we recommend is that you check with the administration. Chances are, even if your child’s high school doesn’t, they can put you in touch with a teacher or upperclassmen who can be of assistance.

October 30, 2013

General

Is A Prestigous University Worth The Money?

When the time comes to select the college that you want to go to, there are a lot of reasons why some of the more prestigious universities may seem like the better ones to apply to. As with so many things in life, sometimes we assume that just because a particular institution comes with a bigger price tag, then automatically, it must be better in value.

However, when publications like Business Insider features articles on some of the “upper echelon schools” like Oberlin College, Rutgers University and Northeastern University (just to name a few) that are proving to not be as good of a return on the financial investment that is made by going there, it’s completely understandable why more and more people would start to wonder if prestigious schools are actually worth the money. Well, in order to answer that question, there are a few factors to consider.

April 23, 2013

Investing

Should You Save Or Invest To Fund Your Child’s Education?

Virtually every parent wants their child to get a good start in life and there is an overwhelming amount of evidence to support the fact that in order for that to happen, they need a college education. However, with the amount of college debt within the United States sitting at a whopping $1 trillion and the price of tuition rising 5-7 percent each year, it’s no wonder why a lot of parents are asking themselves if it is better to save or invest in order to fund their child’s college education.

As far as providing you with a concrete answer to that question, the best answer would probably be that it’s smart to do both. However, in order to help you to decide what will work best for you and your family; we’ve provided you with a few saving and investing options to consider.

Set up a 529 Savings Plan. A popular thing that a lot of parents do in order to prepare for their child’s education costs is to set up a 529 Savings Plan. Because it is a form of an investment account, the money that you put into it will grow about seven percent (in interest) each year. This means that if you had put $200 each year into the account once your child turned 5, that amount will have more than doubled just in interest alone by the time they are 18. Plus, this kind of savings plan is totally tax free.

April 21, 2013

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