In recent years, it's become easier than ever to save for college. From new state savings programs to federal tax incentives and education savings accounts, there are more ways to set aside money for college.
College Facts & Myths
Nearly 70 percent of college students attend four-year colleges where tuition is less than $8,000. The average cost (tuition and fees) of a four-year public college or university is $3,754. The average cost (tuition and fees) of a four-year private college or university is $17,123. Know the difference between cost and affordability It's important to understand that very few students pay the full cost or "sticker price" of a college. That's because most students receive some form of financial aid. At four-year public colleges and universities, more than 60 percent of full-time students receive some type of financial aid. At four-year private college and universities, more than 75 percent of students receive some form of financial aid.
The U.S. Department of Commerce reports that bachelor degree holders make 96% more than those with only a high school education while MBA degree holders make 145% more.
Educate yourself
Worried about college costs? Use our College Search or visit college Web sites to learn what the true costs are at the colleges you are considering.
There are plenty of companies offering online college degrees related to business such as advertising hotel and restuaurant management, and hospitality management careers. (to learn more about business and hospitality management, visit Typsy now!)
Understand that college is an investment People with a college degree earn 81 percent more on average than those with only a high school diploma. Over a lifetime, the gap in earnings potential between a high school diploma and a BA is more than $1,000,000.