Is a College Education Unaffordable for Most People?

 College Education Unaffordable

A great deal of media coverage has been given to the idea that higher education is now unaffordable to anyone without rich parents or a trust fund. With millions of students graduating tens of thousands of dollars in debt, it is not hard to see why people are turning their back on college and electing to get a job instead.

President Elect Donald Trump put student debt on his presidential campaign agenda, so there is a chance that he will do something to help graduates struggling with huge debt, but in the meantime, that leaves us with the question of how to pay for a college education. Can it be done in an affordable fashion?

Investing in a Future Career

There is no doubt that going to college is expensive on many levels, but if you see a college degree as an investment in your future, it should help make things easier. The more educated you are, the easier your pathway through life will be.

People with a degree are eligible for better-paid jobs and are less likely to be out of work. In an increasingly competitive jobs market, the more qualified you are, the better, which is why an MBA in healthcare management is a sure-fire way to ensure you are promoted swiftly through the ranks if you elect to go into the healthcare sector.

Once you have gotten your head around the idea of investing in a future career, your next task is to look at how you can make a college education affordable. Luckily, there are several ways to do this.

Online Degrees

Studying online will significantly reduce the cost of obtaining a college degree. By enrolling on an online degree or MBA course, you can save up to 30% on your tuition fees.

There was a time when an online degree was considered a second-class qualification, but not anymore. Reputable institutions such as The George Washington University now offer online versions of their most popular degree courses.

Instead of attending campus to study for an MBA healthcare, you can enroll on a healthcare management degree online. It’s a flexible and affordable way to get a degree education, and perfect for students who prefer living at home, or who need to continue working while they study.

Study Part-Time

Holding down a full-time job while you study for a degree is a useful way of minimizing the cost of a college degree. Part-time or online courses make it easy for students to carry on working, so if you can’t afford to be a full-time student, look at online or part-time courses instead.

Ask Your Employer to Pay

Another option worth considering if you would like to get a college degree but you have no means to pay for it is ask your employer to cover the cost. Many employers are happy to do this, as it makes for a more loyal and productive employee.

In conclusion, it is clear that a college education is affordable if you think a degree will help your future prospects, so don’t let the cost put you off applying.

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Comments

  1. I couldn’t agree with you more. College is an investment in yourself. I have 2 grown children. One with nearly an associates degree and the second with a bachelor’s degree. Of course, the career path you choose to follow will affect the availability of the number of companies hiring, but I have to say that the my second child had a much easier time securing his first job out of college.

    Of course, never forget an education is never lost endeavor.

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