America's New Reality Educted Child is the Employed Adult - By 2020, 65 percent of all jobs in the economy will require post secondary education and training beyond high school.
- 35 percent of the job openings will require at least a bachelor’s degree
- 30 percent of the job openings will require some college or an associate’s degree
- 36 percent of the job openings will not require education beyond high school.
Families and students should start planning today on how they will handle the college expenses. Here are the tips to begin planning now, to save money:
If you are currently a high school student, you should explore how you can take first year of college by taking Advanced Placement (AP) and college-level classes in high school. Check with your school counselors and teachers to understand what it will take for you to enroll in these courses and how will you be able to transition credits to your college of choice. By little extra hard work in high school can result in time and money saving in future.
Scholarships and Financial-Aid:
Talk with your school Counselor, Apply for scholarships and understand how financial aid works. You do not need to be on top of the class to earn scholarships, there are many organizations that are interested in helping you to be successful.
Rent vs. Own books:
On an average college student spends $1,200 on textbooks each year. Look into options on how you can loan books from the library, or rent them. There are many options available online with big names like Amazon and Barnes & Noble that make it cheaper to rent books. You can also look into how you can get digital books on-demand basis.
Plan your meal ahead of time, this will give you the much-needed nutrition and help in saving money.
Ideally, staying at home can save money while going to college. If staying at home is not an option, find a roommate so that you can split the costs associated to rent/utilities.
Walk, Bike or use Public Transportation:
You can save money by not having a car on campus. Look into walking, biking or using public transportation while on campus. Many universities also give out student passes that give you special transporation discounts.
Studies show that students who work part-time while going to college tend to spend less and stay focused on their college studies. Plan to work part-time while going to college. Look for opportunities in the areas that you can later use to show experience.
Finish your degree in 4 years or less