| The Importance Of A College Education |
| By: Catherine Olivia |
It cannot be stressed enough to young people that a college education is the only way to obtain a good job and the type of job that will allow for a comfortable lifetime income and a secure future. My nephew said just last night that he wanted to be a fork lift operator at a local marina, "they make $19.00 an hour" he said. Well, $19.00 an hour seems like a fortune to a young teenager, but what happens when this teenager grows up and gets married and has several children? We stressed to him that college is the only way to go.
Needless to say, college is one of the biggest expenses a parent will be faced with. The cost of colleges vary widely. A four year private college can cost $25,000.00 or more a year. A four year public college is in the $10,000.00 a year range. However, there are ways parents can prepare for college expenses. Saving money is the primary way parents pay for college. Setting up a savings plan specifically for a child's education. Assuming you start when your child is born, and you have a saving account with an interest rate of 4%, a monthly deposit of only $29.00 will in 18 years amount to $10,000.00. Quite a nice chunk of change to help offset college expenses. There are federal Parents Loans available that offer low interest rates and give parents the advantage of spreading costs over time.
There are ways the student himself or herself can help with the cost of college. Financial aid is available through numerous grants, scholarships and student loans. Grants and scholarships are monies that do not have to be repaid, but they are based on students maintaining certain grade averages and courses. Student loan rates are generally lower than rates for other types of loans and are repaid after the student finishes college. Some colleges offer work-study programs where students can work during the summer to help pay their college expenses.
A US Census Bureau Report in 2002 showed that on average, workers who graduated high school earned a yearly salary of $26,800.00. Those with a Bachelor's Degree earned an average yearly income of $50,650.00, and those with degrees in business, law, or medicine, earned on average $101,400.00. Today, those with Bachelor's Degrees earn 70% more than those with just a high school education.
The short term hardship of paying for a college education is obviously outweighed by long term rewards.
About the Author: Article courtesy of http://www.university-phoenix.com
Source: www.isnare.com |
|
| Keywords: those with, college education, be stressed enough, with, education, college expenses, with the cost, 'student loan', cannot be stressed, college |
| Online College Loan News: |
|
A financial primer for Gen Y
Gen Y seems like a savvy and entrepreneurial
generation that can capitalize on what it already knows to get
ahead. Here's how to get started.
Self-help guide for consumers
Homeowners, savers and investors shouldn't feel bad if they
are confused by the trend of banks collapsing. It's obvious the experts are confused,
too.
Marriage and money
How you handle money at the beginning of your marriage can
have an enormous impact on the rest of your lives together. Or
your lives not together.
Tips for retirement home buyers
Real estate prices have taken a tumble in the most favored vacation and retirement home markets, making it tempting for buyers scouting for getaways.
Keep watch on your credit file
There are easy, genuinely free ways to stay on top of your credit files and use them to save money. Here's what you need to know to do that.
|
|
Online Degrees - Online Degree Programs - Online Schools - Distance Learning
Degrees-Online.Net online degrees guide, a comprehensive guide for students seeking online degree programs. ... Online College Degrees, Distance Learning Colleges, Online Schools, Colleges, Online Education for ... the right online degree or online college program, featuring online degree ...
Online College Degrees| Let us find the Right Degree and School for You.
Let us show you the right Degrees online available Online for you. Our Degrees online are available in the following fields Criminal Justice,Business,Nursing,Accounting & many more. ... Online College Degrees. Today's job market is more competitive than ever ... search for the top online college degrees and deliver those online degree programs to you. Online Degrees Now ...
Career colleges - technical schools - trade schools and online college search
1.College Location: Please Choose... Search the Career College directory for the perfect Career College or Career Training School. Consider an Online College or Online Degree from ...
Online College Degrees, Courses, Programs & Classes
Directory of North American colleges and universities offering courses and degree programs online. ... Welcome to Online College Degrees. Your Start to a New Future ... Plan for College. Online College Degrees Home Page - Contact Us - Resources ...
Online Degrees - Free Online School & Online College Search
The Online degrees site is a directory of online colleges, Campus based Career Colleges and online college search from distance learning online providers ... online degrees ... online schools and distance ... Online College Degrees are a great way to receive training to further your career while maintaining a full- or part-time job. Online ...
Online Degrees .net - Find Online and Local College Degree Programs!
... Online Degrees .net - Find Online Education Programs that will help you change or advance your ... Westwood College Online. By Degree. Associate Degrees. Bachelor Degrees. Masters Degrees ...
Online Degrees > Find Online College Degrees Programs Today!
Online Degrees -find recommended online college degrees programs. Online Degrees Today offers information about Online classes, Online degrees, Online diplomas. Prospective college students can find Online degrees information here Online! ... Got Debt? - Career Tools Coming Soon! Online Degrees & College Programs ... Now for the hard part...which online degree college do you choose ...
Free Guide to Online Degrees, Online Colleges & Online Universities
Free information about online and traditional education. Find the school or college that has the classes and courses you need to improve your skills and advance your career. ... Aakers Business College Online. American College of Computer & Information Sciences ... Barrington University offers online Master and Bachelor degrees in sveeral business disciplines ...
