Your career is your most valuable financial asset and you maximize your total earning ability by getting a college degree and managing your career to its full potential. You can really maximize the return on your college investment by keeping education costs low. Here's one way to do so:
Take core classes at a low-cost four-year college or reputable community college before ultimately earning a degree at a more prestigious school.
I've had friends and sons/daughters of friends do this and they've saved a bundle. You have to plan ahead, know where you eventually want to go/graduate from, then make sure the credits are from the right classes and will transfer. If this can be done, the student not only saves on tuition, but also on room and board as he/she can often live at home. As a side benefit, this extra "growing up" time at home may be needed for some young adults.
For more tips on saving on/for college, see these links:
In addition, here's a related post I like titled Free Money Finance Guide to College Success.
That is an EXCELLENT idea.
Posted by: annab | June 01, 2006 at 11:08 AM
I did this. I'd recommend it to anyone who is having problems paying for school or needs some time to 'grow up' so to speak.
Posted by: Jason | June 01, 2006 at 11:56 AM