In case you haven’t been paying attention, the cost of attending college is spiraling out of control. It has led many to question whether a four-year degree is even worth it. Others are looking for ways to pay for college without going into too much debt.
These numbers published by the College Board in the fall of 2012 bear this point out:
“Average published tuition and fees for in-state students at public four-year colleges and universities increased from $8,256 in 2011‐12 to $8,655 in 2012‐13. The 4.8% ($399) increase in tuition and fees was accompanied by a $325 (3.7%) increase in room and board charges for students living on campus. At $9,205, room and board charges account for more than half of the total charges for these students.”
Spend more time studying and less time working
So that’s an average of $17,461 for room and board at an in-state, public four-year school. No wonder, the high cost of higher education has left many parents and teenagers frustrated and seemingly with just a few options on ways to pay for college.
Many high school students take the logical step of securing summer employment to help them earn money to pay for college. If a student can earn $3,000 - $4,000 over the course of the summer to put towards college that would help, right? It certainly would but I’m going to suggest today that you have another alternative that a) you probably won’t like because it requires studying, but b) will probably provide more bang for your buck than working at a summer job.
One of the Best Ways to Pay for College
Instead of working over the summer, study to improve your SAT (or ACT) scores and watch the money roll in.
