Though education is pertinent, it’s not for free – except for a few cases. To make the case worse, the cost of attending an educational institution has skyrocketed over the past few years.
According to statistics, the cost of attending college has risen by over 500% between the 1980s to 2013. Also, the average cost of attending a private education service provider is $32,370 – this was under $25,000 between 2008-09. These crazy spikes in the cost of getting an education have somewhat increased the student loan ($35,000!).
With the figures, statistics, numbers, and every other thing considered, it is obvious why there is a need to find a cheap alternative to get a quality education. This can be pertinent to those with a certain degree of financial constraint so, how do you cut down excessive study expenses? Let’s find out!!
The Cost Of Attending College
The Tuition charges differ from one college to the other. However, the average cost of attending a college is pegged at $8,400 which is quite minimal.
In addition to this, those who want to obtain their bachelor’s degree in the United States spend around $22,000. However, this also differs as some higher educational establishments are cheap and others, expensive.
To be more elaborate, the prominent duo of Harvard-Cambridge universities located in Boston and Massachusetts has tuition charges that are averaged at $45,278. Students studying at Stanford University pay a little bit higher – $45,965 on average. Those studying at Columbia University – New York, pay tuition that is averaged at $47,266.
The mentioned American higher educational establishments are expensive and should not be considered for budget scholars.
Are Students Paying more for Education than before?
According to reliable statistics from Institute for College Access and Success, the cost of attending college has increased by 3.2% per annum which is certainly a harsh reality. Not only this, but the cost of running a home has also increased hence it is now difficult for some scholars to scale through the financial challenges.
Even so, scholars who did a 4-year program some few years back – around 2005 paid an average of $26,000. Moreover, as the cost increased by 2.5% during the 2014/2015 academic session, the average income for scholars was $25,250 which was impressive.
However, today, inflation and the high cost of living have messed up the financial structures of higher tertiary education service providers – leaving scholars on budget with a choice of frugal studying.
Reducing the cost of attending a tertiary academic institution
How significant is an education? One of the goals and aims of many educational establishments is to expand and create job opportunities for the teeming population. Since the cost of education has gone up, more than before, scholars need to embrace the concept of frugality.
Even so, some students do not utilize their education to achieve their career goals and if you’re one of such people, there is a need to access plenty of resources online.
Alternatively, you should narrow down your search to long-standing academic establishments as a good number of them are not expensive.
Most people want to go to college, and you should too! Even so, there are other routes to achieve your financial goals without breaking a bank and you should be looking into them. Let’s proceed and see how to study frugality.
Talking about reducing costs in tertiary institutions, some NGOs and even the government can aid in reducing the cost of learning, way they can do that is by supporting and funding the school with adequate material needed for learning.
The List Of Some Educational Institutions That Cost The Most To Attend In The US
- Harvard University
- New York University
- Arizona University
- The University of Texas Austin
- Columbia University
- University of New Haven
- California State University Los Angeles
- Pace University
Where To Get Money For A College Education
There isn’t an exact place to get money for a college education. However, in today’s tight job market, this factor has become more important than it was before. Let’s take, for example, if a child complains about being late for exams and research papers, that child might somehow regret the action later.
So, at this point, the important question is, are there no other ways to source for finding? Is there a way to make money without interrupting your studies? How important is the child’s future?
Additionally, one of the reasons to educate children right from their elementary and primary schools to universities and higher education service providers is to prepare them for adulthood. By giving these children the best possible education, one can help them grow into well-rounded adults.
So to know, education and skills are of utmost importance when considering the cost of education. Find instance, those with a Harvard degree are of a higher advantage than those who acquired skills in college.
A student could get a loan from the government or take a part-time job opportunity, nonetheless, they can work while on campus, there are several job opportunities online that students should research and be part of the income-earning ones.
Consider Ways To Raise Funds For Your Education
To be frank, you can make cool money while schooling. And the best part is that a good number of students do not spend a lot of money to get access to most of these money-making opportunities.
Think about this, do you want freedom or money in college? Interestingly, there are ways to achieve the duo and this can be done via:
- Parenting
- Part-time work
- Teaching
- Fundraising
In addition, there are 3 easy ways to raise money for your academic finances and they are listed below:-
For student willing to support themselves financially, here are some vital information about making money as a student.
- Conduct tutorial – As a student willing to have extra cash to meet up academic demands, while on campus you can arrange a tutorial class on the subject matter, especially a course that seems difficult for students. More so, you as a tutor should be able to teach to the understanding of the student by so doing they pay for the service rendered.
- Games on campus – For lovers of games and sports, this would sound interesting for them. You can make cash through games, really interesting conduct games, people would place a bet and the winning team gets a cash price, that as gone a long way to support someone with his or are needs including having fun which is the best of all.
- Practice – Practicing what you know is one of the ways to source funds for your school. It is even the best way to find people willing to pay for your services.
Making Money: it is very okay for students to make money on their own as long as it
doesn’t conflict with their studies.
Seeking financial assistance
The cost of college and traditional high
school programs make schooling difficult. Fortunately, there is a lot of financial stuff – atsyaza, education, lentinja. Even so, timely use of these opportunities can be a big problem. Fortunately, there’s plenty of free information to help you sort through all your options.
Conclusion
As the cost of attending educational establishments has increased steadily over the past decade, it has become more difficult for some scholars – especially those on a budget to study. Fortunately, there are ways to study cheap and this can be implemented via four basic practices. These routes include Parenting, Part-time work, Teaching, and Fundraising.
More so, society should be able to assist individuals willing to pursue higher learning, scholar should apply for basic funding to support them to run all over the academic session.
FAQ
How can the cost of attending tertiary institutions be reduced?
The cost of studying in any tertiary place of learning is high, meanwhile, the cost of college would remain high, so how can the cost be reduced, apparently there won’t be room for reduction, the only way is for students to work out means of payment and having in mind that school requires a lot of money.
Should a student work while schooling?
There are many job opportunities open for students to enable them to pay tuition fees and settle financial bills.
Students can take an online job offer, also freelancing could be an option for students with a passion for work. As a student you can take any available offer provided it won’t distract from academics, or probably you choose to work part-time.
Is the cost of tertiary learning expensive?
In developed countries learning and education is pertinent to all. Many universities today have their requirements and educational standard. The cost of learning is high just a few students can afford standard education.
International students pay the highest rate for fees and other miscellaneous, the US student pays around $40 – $70 per annum, therefore cost of education is relatively high.
Pending the program you choose to study, the price range for every program differs, from bachelor’s degree to master and postgraduate courses, every level of study has its price tag from high cost to the highest cost. Has the level of study increased so tuition fee increases also?
Is parenting education expensive at all?
Charity, as said, begins at home, therefore the basic learning practice begins at home, children should learn all basic concepts at home before going out to gain advanced knowledge about life. Parenting is the cheapest and more workload is demanded.