Money Matters: Alternatives To A Four Year Degree

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Wednesday, February 13, 2013

As many of you know, public college costs are skyrocketing.

The total average annual price of an in-state education is $17,860, and private college costs are approaching $40,000 a year.

But there are alternatives to the traditional 4-year degree.

1. Pick Up A Certificate.
Professional certification is an affordable way to increase your skills. Thirty Million U.S. jobs pay $35,000 or more and don't require a bachelor's degree.

2. Get An Associate's Degree.
Those with an associate's degree earn about 24% more than high school graduates during their working life. Fields such as nursing, business and information technology pay $35,000 to $49,000.

3. Take Two and Transfer.
Spend the first two years at a community college where tuition is lower, then transfer to a four year college to get your bachelor's degree. You could save thousands of dollars.

4. Earn A BA Degree In Three.
Tuition fees are increasing three to four percent a year, so check out three year bachelor programs. It's hard work but you could save thousands of dollars by not having to go to college for that fourth year.

For more information, click here.

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