Paying for College

It's no secret that one of the greatest concerns of Americans is how to pay for higher education, either for their children, or themselves. Tuition is going up annually faster than inflation, in 2004 public 4 year colleges saw a rise of 10.4% in tuition, and private colleges saw a rise of 6% over the previous year.  Still, the argument remains that Americans should go to college. If you earn a bachelors degree, you will earn twice the amount that a high school graduate earns.  Over the course of your lifetime, that can mean over 1 million dollars in earned income. The single best investment you will ever make will be on your college education. Only about 16% of the overall US population has a 4 year college degree. The number is on the rise.

Popular Distance Learning Programs:

Online education on average will cost less than a private education. For the year 2005 the University of Phoenix's tuition was $460 per credit for undergraduate.  Tuition for the year will be around $13,800, assuming 30 credits for that year. Of course, going part time can save you money, but will take you longer to graduate. There is financial aid available from colleges as well as the government. Make sure to do your research, and turn in the applications before the deadline. You can't afford not to.

"Economists report that a college education adds many thousands of dollars to a man's lifetime income--which he then spends sending his son to college." - Bill Vaughn