The Price Tag
Let’s be honest: university education is prohibitively expensive – and more people are doubting the value per dollar spent on it. It’s now common for loved ones to give new parents money for a newborn’s tuition! The idea that the new parents of a baby should be thinking about College Savings Accounts, or 529’s, while still in the maternity ward is staggering. The alternative is for young students to take on crippling amounts of student debt. People are finally beginning to reject this idea. We’ve previously discussed options such as Income Sharing Agreements, or ISA’s. At the end of the day: today’s students are more interested in getting fair value for money spent; rather than paying more than they can afford for often times the same quality of education.
Some students are simply not ready for traditional universities – specifically in terms of academic readiness. Students who grades or educational coursework are not yet up to par are generally required to take pre-requisite courses, before beginning their proper curriculum. The problem is that taking these courses requires a layout of extra time, as well as tuition. Today’s students are questioning the value of paying full university tuition for courses that will not directly count towards their degree. The alternative, that many are exploring, is to take these pre-requisite courses at community colleges. This allows them to pay more reasonable prices for these “catch up” courses without breaking the bank.
A growing number of students have begun working full-time while working. Whether that be for personal, family, or economic reasons – they need education programs that will cater to their needs. Increasingly, schools are catering to this student demographic through offering classes during evenings, weekends, or online; so that busy students can still get the skills they need to grow.
Hopefully this article has been helpful is highlighting a new and powerful potential path for people. Let us know what you think in the comments below. Of course, if you are considering new career opportunities for yourself, or someone in your life, then check out the Sollers College website and give us a call!
Interested to learn more? Email us at email@example.com or call (848) 299-5900.