College Costs

  • Save Money on College Tip Nine: Pay for Learning Outcomes: Competency-Based Education Emphasizes Skill over Time

    Beth Dumbauld

    By Beth Dumbauld Today’s post is the ninth in a series of short tips on how to save money on college. Today’s tip is . . . Pay for Learning Outcomes: Competency-Based Education Emphasizes Skill over Time  Do you want to save money on college and graduate sooner? Here’s a powerfully simple strategy for you. Utilize competency-based education. A college diploma. What is it really? Is it an assessment of what you know or is it a testimony to how long you’ve spent earning your degree? For those carrying an overwhelming amount of student loan debt, a college education might mean that though you’ve pocketed the required amount of credit hours to earn your degree – you are now carrying the burden of a college system that em ...

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  • Save Money on College Tip Eight: Get a Job and Let Your Employer Pay for Your College Courses

    Jeffrey Simons

    By Jeffrey Simons Today’s post is the eighth in a series of short tips on how to save money on college. Today’s tip is . . . Get a Job and Let Your Employer Pay for Your College Courses Do you want to save money on college and graduate sooner? Here’s a powerfully simple strategy for you.  Get a job and let your employer pay for your college courses. When it comes to lowering the cost of college, one of the best ways to pay less is to get someone else to pay your college tuition for you. And believe it or not, a large percentage of the companies in the United States have programs that do exactly that. They’re called Tuition Assistance Plans or Tuition Reimbursement Plans, and many employers use them to help attract talent ...

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  • Save Money on College Tip Seven: Brown Bag Your Education

    Beth Dumbauld

    By Beth Dumbaud Today’s post is the seventh  in a series of short tips on how to save money on college. Today’s tip is . . . Brown Bag Your Education Do you want to save money on college and graduate sooner? Here’s a powerfully simple strategy for you: Brown bag your education.  If you are into saving money, you probably know that bringing your lunch to work can save you some serious cash over the course of the year. When you eat out, you’re paying for a whole bunch of unwanted overhead, packaging costs, employee salaries, a soggy pickle spear and a ton of extra calories sandwiched between two slices of bread – and those extras can add up over the course of a year. The same goes for a college education. Taking coll ...

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  • Which Educational Expenses Are Tax-Deductible?

    Barry Lenson

    As you put the finishing touches on your tax return, you’re probably wondering which of your educational expenditures are tax-deductible.  Can you deduct the cost of your new laptop, for example? And what about your textbooks? We scoured the Internet looking for the best source of quick answers to those questions. The best we found was the article “What are Qualified Education Expenses?” on the TurboTax website. Need to know how to get started? Download our free guide on How to Go back to College today! You’ll want to check out this article for yourself. But until you do, here’s a quick summary . There are basically two different ways to deduct college costs. The American Opportunity Credit lets you deduct tuiti ...

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  • Save Money on College Tip One: Take More Courses during Every Semester You Are in School

    Barry Lenson

    Today’s post is the first in a series of short tips on how to save money on college. Today’s tip is . . . Take more courses during every semester you are in college Do you want to save money on college and graduate sooner? Here’s a powerfully simple strategy for you. Simply take one additional course during every semester you are enrolled in college. You can do the math. If you take one extra course every semester during your first six semesters of college, that adds up to six classes. That could save you more than a semester’s worth of tuition, student fees, and other costs. Here are some strategies that can help you get this strategy working for you . . . Take pass/fail courses as your “extra” classes if possib ...

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