Higher Tuition Costs May be Worth It

Higher Tuition Costs May Be Worth It

As discussed in several prior articles on this website, tuition costs at many colleges and universities are astonishingly high. Indeed, tuition costs have been increasing more than the cost of inflation for decades, and as a result, the tuition and fees for a year of college or graduate school may be more than an individual earns in a year. However, higher tuition costs may be worth it in certain circumstances because schools may use tuition… Continue Reading Higher Tuition Costs May be Worth It

Attending School for a Challenge

Attending School for a Challenge

I recently had a number of conversations with one of my friends who was thinking about attending law school about a decade after he graduated from college. This friend makes a great living in his current career, but he felt that his job was easy and that he was not getting too much mental stimulation with the work he performed on a daily basis. As such, this friend decided to apply to law school, not… Continue Reading Attending School for a Challenge

Income-Share Agreements Can Help Pay for School

income-share agreements

The student loan landscape has not changed much over the past decade. Individuals who do not have financial resources to pay for school outright typically must borrow loans from government or private sources to cover educational expenses and then must pay back this debt. However, income-share agreements can help pay for school and are a novel new way to structure education financing. As such, more schools should consider this unique way of paying for college… Continue Reading Income-Share Agreements Can Help Pay for School

Minimizing the Impact of Transferring Schools

minimizing the impact of transferring schools

This website has previously discussed how transferring schools can impact your educational costs and student debt burden. Indeed, some schools offer financial aid to transfer students, and the cost of attending a new school may be significantly less than attending the school which a student originally attended. In addition, a new school may have a lower cost of living, which can impact your bottom line. Even though transferring schools can be a major life decision,… Continue Reading Minimizing the Impact of Transferring Schools

Middle-Class Students Fall Through The Cracks Sometimes

Middle-class students fall through the cracks

When people think of students who have the most issues with student loans, they likely think that low-income students face the most challenges. Indeed, low-income students often do not have relatives who can afford to help with educational expenses and this can lead to a high debt load among low-income students. Of course, high-income students have less to worry about when it comes to educational expenses because their parents can often assist with educational costs.… Continue Reading Middle-Class Students Fall Through The Cracks Sometimes

Living Off Campus to Save Money

Living Off Campus to Save Money

College and gradate students encounter numerous costs and expenses while they pursue their degrees. Indeed, students often need to pay tens of thousands of dollars in tuition expenses and living costs needed to cover food and housing while they are a student. Although it might be more convenient to live on campus to be closer to class and other activities, living off campus to save money is a viable strategy in many instances. For the… Continue Reading Living Off Campus to Save Money

Grad School Is More Important Than College

Grad School is More Important Than College

Some students know they will enroll in graduate school even before they enter college. This may be because individuals wish to enter certain fields that require a graduate school education or because they have an academic interest that they wish to pursue beyond college. In any case, grad school is more important than college in many instances, and individuals may wish to lower their undergraduate student debt to prepare for borrowing for graduate school. In… Continue Reading Grad School Is More Important Than College

Students Should Have Fun in College

Students Should Have More Fun in College

Student loans can make it more difficult to have fun in college. Individuals with student debt may not have the resources needed to take trips in college or spend money on other things that can make the undergraduate experience more fun. In addition, student loans can cause a substantial amount of stress, which can put a damper on the college experience. However, students should have fun in college for a variety of reasons even if… Continue Reading Students Should Have Fun in College

Becoming a Lawyer Without Law School

Becoming a lawyer without law school

As many people already know, law school can be very expensive. Indeed, law students often need to borrow enough money to pay for three years of tuition and expenses to attend law school, and this can cost hundreds of thousands of dollars. Some states permit individuals to take the bar exam and become lawyers without graduating from law school under certain circumstances. In many situations, becoming a lawyer without law school is not only possible… Continue Reading Becoming a Lawyer Without Law School

Teach For America Can Help With Student Loans

Teach for America Can Help With Student Loans

When I was in college, I worked as a summer intern at the New York City headquarters of Teach For America. As many people already know, Teach For America is a nonprofit organization that is dedicated to closing the education gap in America. In essence, Teach For America coordinates teaching jobs for individuals who wish to serve as a teacher in an underserved community for a few years. Working at Teach For America can be… Continue Reading Teach For America Can Help With Student Loans