Education &amp; Training http://www.wisebread.com/taxonomy/term/12010/all en-US College Guide http://www.wisebread.com/college <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/college" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/college-iStock_000027621000_Small.jpg" alt="college campus" title="college campus" class="imagecache imagecache-250w" width="250" height="184" /></a> </div> </div> </div> <p>Paying for a college education is an expensive but important part of personal finance planning. This guide offers tips for saving for and getting financial aid for college, plus additional advice for students to save while in school and tips for recent graduates. Also check out our <a href="http://www.wisebread.com/college/college-resources">40+ Resources for Parents and Students</a> for even more information. Use the links below to jump to any section.</p> <ul> <li><a href="#saving">Saving for College</a></li> <li><a href="#paying">Paying for College</a></li> <li><a href="#students">Student Savings</a></li> <li><a href="#graduates">Tips for Recent Graduates</a></li> </ul> <p><a name="saving"></a></p> <h2>Saving for College</h2> <p><a href="http://www.wisebread.com/college/cost-of-college"><strong>Calculating the Cost of College</strong></a><br /> One of the hardest parts of saving for your child's college expenses is calculating just what those expenses will total. Here are some ideas to get a better financial picture of the actual cost of college.</p> <p><a href="http://www.wisebread.com/college/saving-for-college"><strong>How to Save Money for College</strong></a><br /> There are several different options for building a college fund that will cover part or all of a student's college expenses.</p> <p><a href="http://www.wisebread.com/college/section-529-plans"><strong>Section 529 Plans</strong></a><br /> A Section 529 plan offers an opportunity to invest money for your child's college tuition tax free. A Section 529 plan also offers the alternative of prepaying your child's tuition at today's prices, rather than the higher costs you can expect when your child is ready to enroll.</p> <p><a href="http://www.wisebread.com/college/coverdell-education-savings-account"><strong>Coverdell Education Savings Accounts</strong></a><br /> The Coverdell Education Savings Account (also known as the Coverdell ESA) is a college savings option that allows you to save money towards your child's college expenses with tax advantages.</p> <p><a href="http://www.wisebread.com/college/utma-ugma-custodial-accounts"><strong>UTMA/UGMA Custodial Accounts</strong></a><br /> Over the years, Uniform Transfers to Minors and Uniform Gifts to Minors custodial accounts (also known as UGMA and UTMA accounts) have become less popular than college savings options.</p> <p><a href="http://www.wisebread.com/college/college-savings-bonds"><strong>Series I and Series EE U.S. Savings Bonds</strong></a><br /> Rather than setting up an account for your child under one of the many college savings plans (like a Section 529 Plans, Coverdell ESAs, or UTMA/UGMA Accounts), you can simply buy Series I and Series EE savings bonds.</p> <p><a name="paying"></a></p> <h2>Paying for College</h2> <p><a href="http://www.wisebread.com/college/college-resources"><strong>40+ College Resources for Parents and Students</strong></a><br /> 40+ resources that help you pay for college and save money while in school.</p> <p><a href="http://www.wisebread.com/college/financial-aid"><strong>College Financial Aid Options</strong></a><br /> There is so much aid out there including grants, federal student loans, private loans, federal tax credits, and even federal work study programs for students seeking federal financial aid for college.</p> <p><a href="http://www.wisebread.com/college/federal-student-loans"><strong>Federal Student Loan Options</strong></a><br /> The U.S. government has created a number of different federal student loan programs in order to address the needs of different groups of students.</p> <p><a href="http://www.wisebread.com/6-ways-to-pay-less-money-for-a-college-degree"><strong>6 Ways to Pay Less Money For a College Degree</strong></a><br /> A four-year college degree can be one of the most expensive purchases in a person's lifetime. Here are six ways you can expect to pay less money for a traditional four-year college degree.</p> <p><a href="http://www.wisebread.com/how-to-win-small-scholarships-for-a-big-payoff"><strong>How to Get a Big Payoff From College Scholarships</strong></a><br /> Depending on your financial circumstances, scholarships can help you save on tuition now, and reduce the interest and principal on student loans later. Here are some tips on managing the business of applying for scholarships</p> <p><a href="http://www.wisebread.com/stopping-the-student-loan-debt-stress"><strong>Stopping the Student-Loan Debt Stress</strong></a><br /> Is your student-loan debt causing stress, influencing you to make financial decisions that are not necessarily in your best long-term interests, and delaying your entry into what your parents may perceive as adulthood? If so, you aren't alone.</p> <p><a href="http://www.wisebread.com/to-fafsa-or-not-to-fafsa-a-former-students-view-of-student-loans"><strong>A Former Student's View of Student Loans</strong></a><br /> To FAFSA or not to FAFSA? Wise Bread blogger Sarah Winfrey discusses, in retrospect, her experience with student loans.</p> <p><a href="http://www.wisebread.com/are-private-schools-worth-the-money-they-demand"><strong>Are Private Schools Worth the Money They Demand?</strong></a><br /> Here are some points that argue yes, private schools are worth the money.</p> <p><a name="students"></a></p> <h2>Student Savings</h2> <p><a href="http://www.wisebread.com/timeless-tips-for-college-students"><strong>Timeless Tips for College Students</strong></a><br /> Want to get good grades in college or help your favorite student thrive? Here are some timeless tips for college students.</p> <p><a href="http://www.wisebread.com/school-bookstores-cant-afford-cheap-textbooks"><strong>School Bookstores Can't Afford Cheap Textbooks</strong></a><br /> Ever wondered why textbooks at campus bookstores are so expensive? Find out here. Plus: other textbook-purchasing options.</p> <p><a href="http://www.wisebread.com/how-to-find-the-cheapest-college-textbooks"><strong>How to Find the Cheapest College Textbooks</strong></a><br /> The campus book store won't give you the bargains you want &mdash; neither will the usual book stores. If you want your textbooks at the lowest possible price, online is the way to go.</p> <p><a href="http://www.wisebread.com/united-world-college-study-abroad-for-way-less-than-you-think"><strong>Study Abroad for Way Less Than You Think At United World College</strong></a><br /> Does your high-school aged child want to study abroad? If so, United World College could be a good fit. And for a school abroad, you may be surprised at the sticker price &mdash; or lack thereof.</p> <p><a href="http://www.wisebread.com/6-savvy-strategies-to-ward-away-college-hunger-and-avoid-overspending"><strong>6 Savvy Strategies to Ward Away College Hunger and Avoid Overspending</strong></a><br /> With these strategies in mind, the hungry college student will never go hungry again!</p> <p><a href="http://www.wisebread.com/college-student-eating-survival-guide-until-spring-break"><strong>College Student Eating Survival Guide (Until Spring Break)</strong></a><br /> Eating seems to be a major expense for college students not on some sort of meal plan. And even students that are on meal plans often find they underestimated. Lucky for you, there are other ways to eat.</p> <p><a href="http://www.wisebread.com/how-to-succeed-as-an-online-student"><strong>How to Succeed as an Online Student</strong></a><br /> If you're considering online studies, don't underestimate the workload, discipline, and communication skills needed to succeed. Here are tips on excelling as an online student.</p> <p><a href="http://www.wisebread.com/sit-in-on-a-class-at-mit-for-free"><strong>Sit in on a Class at MIT for Free!</strong></a><br /> Many colleges offer free access to their online instruction. Assuming that you just want the knowledge and could care less about the official college credit, you might enjoy this resource to get some of the best online instruction for absolutely no money.</p> <p><a href="http://www.wisebread.com/a-frugal-resource-the-community-college"><strong>A Frugal Resource: The Community College</strong></a><br /> The community college offers a depth of resources available not only to enrolled students but also to community members. Here are ideas on getting value from your tuition and tax money.</p> <p><a href="http://www.wisebread.com/dont-go-to-college-to-learn"><strong>Don't Go to College to Learn</strong></a><br /> There are good reasons to go to college. And, if you do go to college, you will no doubt learn a lot. But you can learn anywhere &mdash; and probably learn more, better, and faster if you do so on your own. If you choose to go to college, make sure you know what you're paying for.</p> <p><a href="http://www.wisebread.com/back-to-school-the-case-for-majoring-in-english"><strong>The Case for Majoring in English</strong></a><br /> It's the one with the most job options, the cheapest on books, and the most frugal on investment. Here are more reasons to consider the English major.</p> <p><a name="graduates"></a></p> <h2>Tips for Recent Graduates</h2> <p><a href="http://www.wisebread.com/new-income-based-federal-student-loans-repayment-plan-can-you-benefit"><strong>Income Based Federal Student Loans Repayment Plan &mdash; Can You Benefit?</strong></a><br /> This month a new repayment plan for federal student loans is going into effect that allows borrowers to base their monthly payments on their income after graduation. Here are some details on how the new Income Based Repayment Plan (IBR) affects loan payments for borrowers, and some pros and cons of participating in the plan.</p> <p><a href="http://www.wisebread.com/7-great-jobs-that-offer-college-loan-forgiveness"><strong>7 Great Jobs that Offer College Loan Forgiveness</strong></a><br /> These seven careers are not only growing in opportunity, but they can sometimes offer partial to complete loan forgiveness!</p> <p><a href="http://www.wisebread.com/welcome-to-the-real-world-my-best-advice-for-new-graduates"><strong>Advice for New Graduates</strong></a><br /> Here is some advice for new graduates who are transitioning from the safe structured environment of school to a seemingly infinitely larger world.</p> <p><a href="http://www.wisebread.com/resumes-for-recent-college-graduates"><strong>Resumes for Recent Grads</strong></a><br /> Are you wondering what to include in your resume and what to leave out? Here are ways to translate class projects, volunteer activities, and campus involvement into real-life skills valuable in the workplace.</p> <p><a href="http://www.wisebread.com/translating-volunteer-experiences-and-skills-to-workplace-credentials"><strong>Translating Volunteer Experiences to Workplace Credentials</strong></a><br /> Need ideas for parlaying volunteer hours into skills and experiences valued by employers? Here are a few ways to present your volunteer experience on your résumé, as an integral part or valuable addition to your professional credentials.</p> <p><a href="http://www.wisebread.com/it-pays-to-be-true-to-your-school-5-ways-your-alma-mater-can-save-you-money"><strong>5 Ways Your Alma Mater Can Save You Money</strong></a><br /> Alumni associations are doing everything they can to make things better for graduates of their college during this difficult time. Amazingly enough, some of the savings are pretty substantial.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amy-lu">Amy Lu</a> of <a href="http://www.wisebread.com/college">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-better-way-to-rank-americas-colleges">A Better Way to Rank America&#039;s Colleges</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-much-college-can-you-and-your-kid-afford">How Much College Can You (and Your Kid) Afford?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-places-to-buy-or-rent-textbooks">20 Places to Buy or Rent Textbooks</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-freebies-for-college-students">20+ Freebies for College Students</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training college financial aid Thu, 21 May 2015 23:32:26 +0000 Amy Lu 1432745 at http://www.wisebread.com 7 Great Sources of Financial Aid for Switching Careers http://www.wisebread.com/7-great-sources-of-financial-aid-for-switching-careers <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-great-sources-of-financial-aid-for-switching-careers" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/coworkers_at_computer_000014305206.jpg" alt="Students participating in fellowships and grants for adult career training" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>With ever-growing competition in the job market, it's imperative to improve and develop our professional skill sets. Although higher education and career training can be an expensive investment, there are many sources of financial aid in the form of adult <a href="http://www.wisebread.com/how-to-score-extra-scholarship-money-for-college">career scholarships</a>, fellowships, and grants. Consider these seven.</p> <h2>1. Government Opportunities</h2> <p>Federal, state, and local governments often have money set aside to award grants and scholarships for adult learning. These opportunities are not very well advertised, but they are easily found if you know where to look. The best source of information on these is your State Education Bureau and the <a href="https://studentaid.ed.gov/">Federal Student Financial Aid Center</a>.</p> <h2>2. Scholarships for Women</h2> <p><a href="http://www.scholarshipsforwomen.net/">Scholarships for Women</a> is an excellent site that lists little-known financial aid opportunities for women. Many of them are expressly dedicated to specific demographics, including race, religion, family structure, field of study, sexual orientation, and education level.</p> <h2>3. Scholarships for Working Parents and Those Who Want to Work Abroad</h2> <p>If you are returning to college to finish a degree or start a new one as an adult student, <a href="https://www.scholarships.com/financial-aid/college-scholarships/scholarships-by-type/scholarships-for-adult-students/">Scholarships.com</a> has a number of links for adult learners. Some are specialized for working parents who are returning to the workforce after some time away. If you're adventurous and looking to have a second act abroad, the <a href="http://www.peacecorps.gov/50plus/">Peace Corps</a> has a special initiative to entice experienced professionals 50 years of age and older to join its ranks.</p> <h2>4. Vocational Training</h2> <p>There have been a number of recent news stories about the lack of well-trained tradespeople, since these jobs remain very much in demand. If trade school interests you, there's money available to help you make that career transition. Check out the link for trade school scholarships at <a href="http://www.collegescholarships.org/scholarships/vocational-school.htm">CollegeScholarships.org</a>.</p> <h2>5. Financial Aid for Senior Citizens<strong> </strong></h2> <p>You're never too old to learn, and many senior citizens are returning to school as a professional second act, or to pursue a long-held educational dream. Many schools (especially state schools) offer scholarships and grants specifically for senior citizens. Contact a college near you to learn about specific financial programs for seniors.</p> <h2>6. Career-Specific Opportunities</h2> <p>If you know exactly what field you want to study and need the funding to make it possible, <a href="https://www.scholarshipexperts.com/scholarships/by-major">ScholarshipExperts</a> gives you a way to search by topic of study. And the topics vary widely &mdash; from the liberal arts to science to business to trade school.</p> <h2>7. Culinary School</h2> <p>In recent years, our national palate has gotten more sophisticated thanks to the craft food and beverage movement, as well as the popularity of media properties like the Food Network. More people than ever are pursuing further culinary training, and happily, there are a number of educational funding opportunities available. The <a href="http://www.jamesbeard.org/education/scholarships-and-grants">James Beard Foundation</a> and cooking schools such as <a href="http://www.chefs.edu/tuition-and-financial-aid/scholarship-opportunities">Le Cordon Bleu</a> offer financial aid in the form of scholarships and grants.</p> <p><em>Are you considering returning to school or switching careers? How will you pay for it?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/christa-avampato">Christa Avampato</a> of <a href="http://www.wisebread.com/7-great-sources-of-financial-aid-for-switching-careers">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college">College Guide</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-free-ways-to-learn-something-new">15 Free Ways to Learn Something New</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-college-freshman-budget">The College Freshman Budget</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/a-better-way-to-rank-americas-colleges">A Better Way to Rank America&#039;s Colleges</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/learning-without-the-high-cost-of-higher-education">Learning Without the High Cost of Higher Education</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training fellowships financial aid grants higher education scholarships Fri, 08 May 2015 13:00:08 +0000 Christa Avampato 1410186 at http://www.wisebread.com 4 Low-Cost Alternatives to a 4-Year Degree http://www.wisebread.com/4-low-cost-alternatives-to-a-4-year-degree <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-low-cost-alternatives-to-a-4-year-degree" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/office_coworkers_000053393492.jpg" alt="Group of students utilizing low-cost options to four-year degree" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Education is about self-discovery, personal improvement, and professional development. And there are a whole host of ways to achieve those things outside of the traditional four-year college experience. Read on for our roundup of some of the most viable alternatives to a four-year degree.</p> <h2>1. Start a Business</h2> <p>Bill Gates, Steve Jobs, and Walt Disney are just a sampling of names on the list of America's uber-successful entrepreneurs who never earned a college diploma. Their legacies are proof that higher education is not a prerequisite to building a profitable business, no matter what anyone tells you.</p> <p>Today, the barriers to launching a one-person enterprise are lower than ever. With dedication, drive, and an Internet connection, you can <a href="http://fourhourworkweek.com/2012/05/24/six-figure-businesses-built-for-less-than-100-17-lessons-learned/">start a thriving business</a> for less than $100. After all, the best way to gain experience in business is by launching one of your own. Even if it flops &mdash; 8 out of 10 <a href="http://www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/">new businesses fail</a> within the first 18 months &mdash; the practical experience you gain will help you become more successful in your next endeavor. (See also: <a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how?ref=seealso">Starting Your Dream Business Isn't as Hard as You Think &mdash; Here's How</a>)</p> <h2>2. Learn a Trade</h2> <p>How many college grads have you met who have no idea what career they want to pursue in life? This is rarely the case with trade school students, who graduate with a clear path to gainful employment.</p> <p>Trade and vocational schools offering programs in fields like information technology, culinary science, construction, woodworking, and hairdressing will set you on the fast track for a skilled and potentially high-paying job. They're also usually much more reasonably priced than a four-year college and typically have more lenient acceptance requirements.</p> <p>In fact, vocational schools are so successful in placing graduates in high-earning jobs that they have become the norm in countries like Switzerland, where young adults view the practicality of learning a trade as much more valuable than a more traditional college education. Whether your passion lies in auto mechanics or makeup artistry, you can launch a successful career by enrolling in a trade school that will help you hone your skills in a specific pursuit &mdash; without all those liberal arts requirements.</p> <h2>3. Go Straight to Work</h2> <p>The benefit of moving into the workforce rather than the college dorms is that you'll be honing new job skills, racking up experience, and &mdash; this is the big one &mdash; actually making money. That's pretty huge, considering the average college graduate is responsible for $30,000 in student loan debt. Loan officer, firefighter, web developer, retail or restaurant manager, commercial pilot, and criminal investigator are just a sampling of the bright and lucrative careers that don't require a four-year degree. Among the <a href="http://www.bls.gov/emp/ep_table_107.htm">highest paying gigs</a> that don't require a diploma are purchasing agent ($59,000), insurance claims adjuster ($60,000), and construction site supervisor ($60,000).</p> <h2>4. On the Job Training</h2> <p>Many employers provide educational credits and on-the-job training that can help you develop valuable skillsets without investment in a college degree. Others will offer financial support or rebates for continuing education at local colleges. Take advantage of this opportunity to learn for free or at a reduced cost.</p> <p><em>What other alternatives to a college degree have you enjoyed?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/4-low-cost-alternatives-to-a-4-year-degree">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-tips-for-my-career-clueless-college-self">5 Tips for My Career-Clueless College Self</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-this-job-worth-it">Is This Job Worth It?</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-times-you-should-speak-up-at-work">10 Times You Should Speak Up at Work</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-important-signs-that-your-job-sucks">10 Important Signs That Your Job Sucks</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Education & Training business college degrees entrepreneurs job hunting trade schools work Wed, 29 Apr 2015 17:00:25 +0000 Brittany Lyte 1400877 at http://www.wisebread.com 10 High-Paying Careers With Low Educational Barriers http://www.wisebread.com/10-high-paying-careers-with-low-educational-barriers <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/10-high-paying-careers-with-low-educational-barriers" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/high_paying_job_000009131941.jpg" alt="Woman seeking high-paying career with low educational barrier" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>According to the College Board, the average cost of tuition and fees for the 2014&ndash;2015 school year was $31,231 at private colleges, $9,139 for state residents at public colleges, and $22,958 for out-of-state residents attending public universities.</p> <p>Ouch.</p> <p>Let's take a realistic look at some careers that not only pay well given a relatively low educational investment, but also have a positive income growth potential. For the purposes of this article, I've used the U.S. Department of Labor's Occupational Outlook Handbook, narrowing my search to jobs that usually pay $50,000 or more a year, and that also have a projected growth rate of 20% or more within the next decade.</p> <h2>Jobs Requiring a Two-Year Associate of Arts Degree</h2> <p>Most Americans can earn an affordable two-year degree at a local community college.</p> <h3>1. Sonographers</h3> <p>In 2012, the median pay for sonographers (or &quot;ultrasound techs&quot;) was $60,350; job outlook for growth was at 39%. While most work in hospitals, others find employment in physicians' offices as well as in private radiology facilities. My friend Clarissa worked in a hospital until she decided to start a family, at which time she decided shift work was not for her, and she went to work at a radiology office. Because it is in the health care industry, job satisfaction is high, and the work environment usually non-competitive and friendly.</p> <h3>2. Dental Hygienists</h3> <p>When my friend Lisa became a dental hygienist, I said, &quot;Yuck &mdash; aren't you grossed out all the time?&quot; She laughed and said no, it was usually just fine. She had the last laugh &mdash; at a salary of $70,210 per year (2012 data) with a 33% growth outlook. Because it is a family-friendly profession, she was also able to eventually choose her hours.</p> <h3>3. Cardiovascular Technicians</h3> <p>Here is another positive-growth position, predicted at 39% growth and paying an average of $52,000 per year. Most positions are located in hospitals; some are in physicians' offices or diagnostic laboratories. If you are good at communicating, are drawn to helping people, and can multi-task and think quickly on your feet, this may be a good position to investigate.</p> <h3>4. Web Developers</h3> <p>With a faster-than-average predicted growth (20%) and median pay of $62,500, the position of web developer is very intriguing. If you enjoy working with computers, learning and writing code, and have a creative side, this may be for you. Read these <a href="http://www.myinkblog.com/5-reasons-why-i-love-being-a-web-designer/">developers' accounts</a> of favorite things about their jobs.</p> <h3>5. Radiologic and MRI Technologists</h3> <p>At a median of $55,910, these positions also predict good growth (21%), plus the option of working in a hospital or private radiology setting. Interesting was this quote from an MRI technologist: &quot;The biggest surprise of my career is the <a href="http://www.citytowninfo.com/career-story/radiologic-tech/MRI-technologist-at-a-hospital">job security</a>. In this difficult economy, I am at no risk of losing my job.&quot;</p> <h3>6. Nuclear Medicine Technologist</h3> <p>While the rate of growth is just slightly slower than other imaging positions listed above, the salary is still impressive ($55,000 to $74,000). Most work in hospitals, or, in metropolitan-area, private radiological facilities. It is exacting work, with much of it spent on your feet.</p> <h3>7. Nursing</h3> <p>Although I found varying statistics about the growth rate for nursing jobs, I felt I shouldn't rule it out, given a 2012 median pay of $65,000 &mdash; with just a two-year degree. There is a lot of versatility in this area &mdash; from hospitals to doctors' offices, clinics, the military, hospices, public health, etc. Another plus for nursing is that it can be a very family-friendly schedule, especially if you work in a clinic or doctors' office, for example, which are closed on weekends.</p> <h2>Jobs Requiring a High School Diploma</h2> <p>Yes, there are still high paying careers that require nothing more than a high school diploma.</p> <h3>8. Elevator Installers and Repairers</h3> <p>Having seen a young woman working on the elevator at the local hospital, I wondered if it was a good job, so I checked. The 2012 median pay? Try $76,650, with projected growth of 25% &mdash; faster than average. One article even calls it a &quot;<a href="http://www.riseandgrind.com/2010/03/10/elevator-technician-recession-proof/">recession-proof job</a>.&quot; To get the gig, you'll need to serve an apprenticeship, be physically fit, and often be on call.</p> <h3>9. Law Enforcement</h3> <p>As of the 2007 census, only about one in eight local <a href="http://www.bjs.gov/index.cfm?ty=tp&amp;tid=71">police officers were women</a>. This career deserves a hard look. The pay ranges from $55,000 to $74,000 with a high school education and some on-the-job training. Government police jobs also have excellent health benefits, including dental and retirement funds. If you earn the rank of detective, pay takes a big jump. I only know one female police officer, and it ain't easy. It's dangerous work, but these women love their jobs.</p> <h3>10. Purchasing Manager</h3> <p>At a 2012 median of $60,550, the pay is good, but 4% growth is slow. Most of the job openings I found seemed to have &quot;specialties,&quot; i.e., automotive, construction, government, etc. Obtaining certification is recommended. If you are someone who enjoys the hunt of the best bang for your buck, you'd probably enjoy this job.</p> <p><em>Do you have a high-paying job without a four-year degree? Tell us about it below!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/marla-walters">Marla Walters</a> of <a href="http://www.wisebread.com/10-high-paying-careers-with-low-educational-barriers">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-great-jobs-that-offer-college-loan-forgiveness">7 Great Jobs that Offer College Loan Forgiveness</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-american-cities-with-the-highest-minimum-wage">6 American Cities With the Highest Minimum Wage</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/do-these-8-things-to-profit-from-the-improving-economy">Do These 8 Things to Profit From the Improving Economy</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-smooth-moves-for-graduates">4 Smooth Moves for Graduates</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training Job Hunting careers degrees growth income Thu, 23 Apr 2015 15:00:10 +0000 Marla Walters 1398947 at http://www.wisebread.com 8 Ways to Get Student Loan Debt Forgiveness http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-ways-to-get-student-loan-debt-forgiveness" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/new_grads_000037875416.jpg" alt="New graduates considering ways to get student loan debt forgiveness" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The cost of higher education keeps climbing. Since 2004-2005, <a href="http://trends.collegeboard.org/college-pricing/figures-tables/average-net-price-time-full-time-students-public-four-year-institutions">average college tuition</a> in the U.S. has grown by over 35% to a total of $9,500 in the 2014-2015 school year. While there are many opportunities to receive grants, scholarships, and relatively affordable loans to finance a college education, there are also a number of loan forgiveness programs that can help to erase debt after you've graduated. Here are some of the best loan forgiveness options available.</p> <h2>1. Teachers</h2> <p>Many areas of the country need high quality teachers, particularly schools with students who fall into low income brackets. If you teach at one of these schools or at educational service agencies for five consecutive years, you may be eligible for up to $17,500 worth of complete <a href="https://studentaid.ed.gov/repay-loans/forgiveness-cancellation/teacher">forgiveness on Federal Stafford Loans</a>. PLUS loans are not eligible for forgiveness under this program.</p> <h2>2. Educators</h2> <p>While the forgiveness of Federal Stafford Loans is limited to teachers, the <a href="https://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts?_ga=1.108876742.595209384.1427678197#perkins-loan-cancellation">forgiveness of Federal Perkins Loans</a> is more expansive, and broadly includes educators. Perkins Loans can be 100% forgiven if you elect to become a school librarian, an employee at a child or family-centered agency, a staff member at a Head Start program, pre-kindergarten, or childcare program, or a school speech pathologist, special education teacher, or full-time teacher. Most of these programs require you to work in a low-income school, remain a teacher for a certain number of years, and some also carry specific education requirements, such as a master's degree.</p> <h2>3. Armed Forces</h2> <p>If you are considering joining the military, there are loan forgiveness opportunities for you. Should you serve in a hostile fire or imminent danger area, you may be eligible for forgiveness of your Federal Perkins Loans. If your active service ended on or before August 14, 2008, you can receive up to 50% loan forgiveness. If your service began after or includes August 14, 2008, you may receive up to 100% loan forgiveness.</p> <h2>4. Firefighters or Law Enforcement Officers</h2> <p>Should you feel called to protect your city by becoming a firefighter, law enforcement officer, or corrections officer, you may be able to receive up to 100% forgiveness of your Federal Perkins Loans.</p> <h2>5. Nurses or Medical Technicians</h2> <p>Nurses and medical technicians across the country are in short supply. In less than 10 years, the nursing field is expected to <a href="http://www.aacn.nche.edu/media-relations/fact-sheets/nursing-shortage">increase job openings</a> by 19%. Full-time nurses and medical technicians can be awarded up to 100% loan forgiveness of their Federal Perkins Loans.</p> <h2>6. AmeriCorps VISTA or Peace Corps Volunteers</h2> <p>Many young college graduates feel a compelling call to serve in a volunteer capacity in the U.S. or overseas. If you fall into that category, there are two programs that would help you to gain up to 70% loan forgiveness of your Federal Perkins Loans: <a href="http://www.nationalservice.gov/programs/americorps/americorps-vista">AmeriCorps VISTA</a> is a volunteer program for students who want to serve in vulnerable areas in the U.S. The <a href="http://www.peacecorps.gov/">Peace Corps</a> is a storied program that pairs American volunteers with sites abroad in developing nations.</p> <h2>7. Early Intervention Services of the Disabled</h2> <p>There are many nonprofit and government organizations that seek to provide critical and early intervention services for the disabled. If you work for one of these organizations, you may be eligible to receive up to 100% forgiveness on your Federal Perkins Loans.</p> <h2>8. Full-Time Faculty at a Tribal College or University</h2> <p>The U.S. Department of Education has designated certain colleges and universities as <a href="http://www.ed.gov/edblogs/whiaiane/tribes-tcus/tribal-colleges-and-universities/">tribal colleges</a>. This means that these colleges and universities are primarily focused on educating U.S. citizens who are American Indians and Alaskan Natives. Full-time faculty members at these schools can receive up to 100% forgiveness of Perkins Loans.</p> <p>Receiving a college education today is now an expensive proposition for just about everyone. Luckily, these loan forgiveness programs provide options to finance your education while also helping you to make a meaningful and lasting impact in a community that needs your skills and talents.</p> <p><em>Have you participated in one of these loan forgiveness programs? If so, please share your experience in the comments section. </em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/christa-avampato">Christa Avampato</a> of <a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-5"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/which-student-loan-repayment-plan-saves-you-the-most">Which Student Loan Repayment Plan Saves You the Most?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/student-loans-how-to-make-post-college-decisions">Student Loans: How to Make Post-College Decisions</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/share-your-thoughts-consolidating-student-loans">Share Your Thoughts: Consolidating Student Loans</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college/college-resources">40+ College Resources for Parents and Students</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Debt Management Education & Training college education federal perkins loans federal stafford loans loan forgiveness student loans Mon, 20 Apr 2015 09:00:08 +0000 Christa Avampato 1390886 at http://www.wisebread.com Which Student Loan Repayment Plan Saves You the Most? http://www.wisebread.com/which-student-loan-repayment-plan-saves-you-the-most <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/which-student-loan-repayment-plan-saves-you-the-most" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/college_student_000013097599.jpg" alt="Female college student thinking about paying student loans" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>In recent years, the U.S. Department of Education implemented a flexible solution to help borrowers with financial difficulty repay their federal student loan debt, also known as <a href="https://studentaid.ed.gov/repay-loans/understand/plans/income-driven">income-driven repayment plans</a>. These plans calibrate monthly payments based on the individual's income. Most applicants will qualify for at least one of the three types of repayment plans. However, selecting a plan type is entirely up to the borrower, which makes it critical to understand the differences before entering into a binding agreement.</p> <h2>PAYE vs. IBR</h2> <p>The two most popular repayment plans are Pay As You Earn (PAYE) and Income-Based Repayment (IBR), because in most cases, the monthly payment will be lower than the Income-Contingent Repayment (ICR) plan. Under PAYE, borrowers make payments of 10% of their monthly income, and any remaining debt is forgiven after 20 years. Meanwhile, IBR sets payments at 15% of monthly income and forgives remaining debt after 25 years. During years when you're unemployed (or beneath the poverty threshold), your monthly payments are zero.</p> <p>Each plan determines your monthly payment based on your family's size and household income. To qualify, your adjusted payment amount must be less than it would be under the <a href="https://studentaid.ed.gov/repay-loans/understand/plans/standard">standard repayment plan</a> based on a 10-year repayment period.</p> <p>So, given that PAYE seems like the more generous option, why would anyone choose IBR?</p> <p>Simple: The Pay As You Earn plan stipulates that only &quot;new borrowers&quot; qualify. You are considered a new borrower if your loans were disbursed on or after October 1, 2011, or if you had no outstanding loan balances on or after October 1, 2007.</p> <p>The Income-Contingent plan is also open to any borrower with federal loans. There is no income requirement. But, payments will be slightly higher than Pay As You Earn and IBR plans. In some cases (such as years in which you make a high income), your monthly payment could be higher than it would be under the standard repayment plan, because they are calculated based on your annual income.</p> <p>Their key differences are:</p> <ul> <li>Any borrower with eligible federal loans qualifies for the ICR plan.</li> <li>Monthly payments for Pay As You Earn and IBR plans are lower.</li> <li>Borrowers must meet additional requirements to qualify for Pay As You Earn.</li> </ul> <p>Wise Bread's <a href="http://www.wisebread.com/the-definitive-guide-to-pay-as-you-earn-a-great-student-loan-repayment-plan?ref=seealso">The Definitive Guide to Pay As You Earn</a> has detailed information about the PAYE repayment option. <a href="http://www.wisebread.com/what-recent-grads-must-know-to-repay-federal-student-loans?ref=seealso">What Recent Grads Must Know to Repay Federal Student Loans</a> and <a href="http://www.wisebread.com/new-income-based-federal-student-loans-repayment-plan-can-you-benefit?ref=seealso">New Income Based Federal Student Loans Repayment Plan - Can You Benefit?</a> are also useful resources.</p> <h2>Federal Student Loan Forgiveness, Discharge, or Cancellation</h2> <p>We all know that student loan debt is one of the few types of debt that is rarely forgiven. It is excluded from bankruptcy filings and can be garnished from your wages if you default. However, there are several circumstances in which the federal government will grant borrowers <a href="https://studentaid.ed.gov/repay-loans/forgiveness-cancellation">forgiveness, discharge, or cancellation</a> of their federal student loans.</p> <p>Most borrowers who are interested in learning about the <a href="http://www.finaid.org/loans/forgiveness.phtml">loan forgiveness</a> program, whereby all or a portion of federal student loan debt is forgiven if you volunteer time, serve in the military or certain <a href="http://www.finaid.org/loans/publicservice.phtml">public service positions</a>, practice medicine, teach in low-income communities, or responsibly make payments for at least 20 or 25 years under one of the aforementioned income-driven repayment plans (and are still unable to repay the balance of your loans). Such circumstances include:</p> <ul> <li>Public interest loan forgiveness: Under IBR and PAYE, borrowers who make regular monthly payments and work in the non-profit or public sector for 10 years can have the balance of their student loans after that time forgiven.<br /> &nbsp;</li> <li>Everyone else's loan balances are forgiven after 20 years of consecutive monthly payments under PAYE, and 25 under IBR.<br /> &nbsp;</li> <li>Be forewarned that PAYE is facing changes, including the likelihood that only $57,500 of debt can be forgiven, so understand what you're likely to owe at the end of your repayment term. This change only applies to new PAYE borrowers, so act before December of 2015 to get grandfathered into the more generous current version of the plan, if you qualify.</li> </ul> <p>Repaying student loans can be burdensome. Make repayment less onerous by selecting the right plan for you.</p> <p><em>How are you repaying your student loans?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/qiana-chavaia">Qiana Chavaia</a> of <a href="http://www.wisebread.com/which-student-loan-repayment-plan-saves-you-the-most">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-6"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/student-loans-how-to-make-post-college-decisions">Student Loans: How to Make Post-College Decisions</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cancel-student-loans-to-save-and-receive-an-interest-free-120-day-loan">Cancel Student Loans to Save — and Receive an Interest-Free 120-Day Loan</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/share-your-thoughts-consolidating-student-loans">Share Your Thoughts: Consolidating Student Loans</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-one-couple-paid-off-147k-of-debt-even-while-unemployed">How One Couple Paid Off $147k of Debt (Even While Unemployed)</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Debt Management Education & Training income-based loan forgiveness loan repayment pay as you earn student loans Thu, 09 Apr 2015 09:00:08 +0000 Qiana Chavaia 1370264 at http://www.wisebread.com 3 Ways Obama's Free Community College Deal Will Help You http://www.wisebread.com/3-ways-obamas-free-community-college-deal-will-help-you <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/3-ways-obamas-free-community-college-deal-will-help-you" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/happy-college-students-thumbs-up-Dollarphotoclub_70193711.jpg" alt="happy college students" title="happy college students" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>President Barack Obama's 2015 State of the Union address proclaimed that community college should be as free and universal in America as high school. If passed by Congress (currently unlikely, given the political polarization in Washington), the plan could make the first two years of community college free, allowing many to obtain free Associate's Degrees, reduce the total cost of a four-year degree, or obtain necessary job skills and training. (See also: <a href="http://www.wisebread.com/8-cheap-ways-to-continue-your-education-without-going-back-to-school?ref=seealso">8 Cheap Ways to Continue Your Education Without Going Back to School</a>)</p> <p>Whether the pursuit of a new degree is in your future or not, here's how a program geared at making it happen could benefit the economy, and by extension, your pocketbook.</p> <h2>1. Economic Growth Would Soar</h2> <p>Putting a college degree in the hands of more Americans would be beneficial for everyone. Here's why.</p> <p>Right now, there are more jobs requiring college degrees than there are college educated people in the job market. It's no wonder that the&nbsp;<a href="http://finance.yahoo.com/news/nearly-all-good-jobs-now-require-a-college-degree-151644528.html">value of a college degree</a>&nbsp;is $300,000 &mdash; close to an all-time high. But a free two-year community college program could help restore the balance.</p> <p>Such a job market would also drive economic competitiveness. After all, competition is the backbone of the U.S. economy, and it's vital to a thriving job market. If the U.S. were able to close the educational achievement gaps between white children and minority children with the President's proposed free community college program, the economy would be&nbsp;<a href="https://www.americanprogress.org/issues/race/report/2014/11/10/100577/the-economic-benefits-of-closing-educational-achievement-gaps/">5.8% larger by 2050</a>&nbsp;(nearly $2.3 trillion) according to a study by the Center for American Progress. The cumulative increase in GDP from 2014 to 2050 would amount to $20.4 trillion, or an average of $551 billion per year.</p> <p>A community college expert, Josh Wyner of The Aspen Institute, told PBS NewsHour, &quot;The fact of the matter is that we're projected within the next decade to need an educated work force&hellip; where 60% of Americans have a college degree. And, today, just over 40% have one.&quot; He added, &quot;In today's society, in order to have a chance to get into the middle class, in order to fuel economic growth for our country, we need more people with a college credential.&quot;</p> <h2>2. The Wealth Gap Would Narrow</h2> <p>In the last decade, the <a href="http://fortune.com/2015/01/20/the-case-for-obamas-state-of-the-union-free-college-proposal-in-6-charts/">college attendance rate</a>&nbsp;has dropped significantly for students from low and middle-class families. Among the reasons is a steady decrease in state funding for tuition, which has made the price tag of a college degree more expensive than at almost any other time in history. The fallout is that a higher degree has become something enjoyed by the haves and, unfortunately, a luxury out of reach for the have-nots. &quot;We have got a gap between rich and poor that's growing in our country,&quot; Wyner said in his PBS NewsHour appearance. &quot;And we still have lots of Americans, low-income Americans, African-American folks in the country, who don't get access to higher education.&quot;</p> <p>But increasing access to community college through the program proposed by the President could help many low-income Americans enter the middle class, equipping them with the ticket they need to be competitive in the workforce. And a stronger middle class would help foster a healthier economy, triggering a ripple effect that could benefit Americans in all socio-economic brackets.</p> <p>One demographic that would particularly benefit from the President's zero-cost education plan is Hispanics. About half of all&nbsp;<a href="http://nces.ed.gov/programs/digest/current_tables.asp">Hispanics who attend college</a> are enrolled in a two-year community college, more than any race or ethnicity, according to U.S. Department of Education data.</p> <h2>3. Social Security and Medicare Will Have Brighter Futures</h2> <p>When the Baby Boomers retire, the federal budget will feel the pressure. More retirees means more people drawing from benefit programs like Medicaid, Medicare, and Social Security. But the President's free community college deal could ease some of this pressure by creating a higher-earning workforce that's better able to financially sustain such programs for the future. As Americans earn more, they'll pay more in taxes and thus provide future budget relief.</p> <p>A study by the Center for American Progress estimates that closing the racial and ethnic educational achievement gaps would boost Social Security tax contributions by $877 billion by 2050. Similarly, Medicare tax revenues for the Hospital Insurance Fund would increase by $265 billion from 2014 to 2050, providing a substantial lift to Medicare solvency. In other words, the study concludes, strengthening the educational achievement of our youth will help provide economic security for future generations.</p> <p><em>Were the President's plan to become law, would you or anyone you know take advantage of it?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/3-ways-obamas-free-community-college-deal-will-help-you">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-masters-degrees-that-will-drastically-increase-your-earning-power">5 Master&#039;s Degrees That Will Drastically Increase Your Earning Power</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-times-you-should-choose-private-school-over-public">7 Times You Should Choose Private School Over Public</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-to-get-a-legit-business-education-online">3 Ways to Get a Legit Business Education Online</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-to-save-on-college-tuition">6 Ways to Save on College Tuition</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training Personal Development community college education free tuition obama tuition Tue, 03 Feb 2015 10:00:15 +0000 Brittany Lyte 1284841 at http://www.wisebread.com 7 Times You Should Choose Private School Over Public http://www.wisebread.com/7-times-you-should-choose-private-school-over-public <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-times-you-should-choose-private-school-over-public" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000047632946_XXXLarge.jpg" alt="boy private school" title="boy private school" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Private school can be expensive, but it can also be well worth the cost, depending on your family situation. Some circumstances really do make private schooling more financially practical &mdash; and necessary &mdash; than you might think. Here are seven times you might choose private school over public school.</p> <h2>1. When Your Child Has a Special Gift</h2> <p>Some children are truly gifted in a particular area, and often, public schools can't foster that child's talents to their full potential. For example, some kids are unbelievable musicians, others have genius IQs, or excel at certain sports. If this is the case with your child, a private school that specializes in a particular area might be a better fit.</p> <h2>2. When Your Child Has a Special Need</h2> <p>Your child may have a special need that isn't accommodated as well in a public school. This may be anything from a learning disability, to behavioral challenges, being a pregnant teenager, or recovering from substance abuse.</p> <h2>3. When Your Child Is Too Young</h2> <p>States dictate the age at which kids can start public school. Some do offer free public preschool, but others don't start public school until kindergarten. It's generally best to start kids in preschool by the time they are three, and especially if you need full-time child-care for your child, an all day private preschool may be your only option.</p> <h2>4. When You Aren't in a Good School District (and You Don't Want to Move)</h2> <p>A major factor in our family's recent decision to move was the school district. Our elementary school district simply wasn't as good as we wanted. If you aren't in a good school district and either can't afford to or don't want to move, private school may be the best option.</p> <h2>5. When Vouchers Will Pay</h2> <p>School vouchers make private schooling possible for a lot of families that might not be otherwise able to pay for it. This chart provides a state by state <a href="http://www.ncsl.org/research/education/voucher-law-comparison.aspx">comparison of school vouchers</a>. If you're in a situation where vouchers (or a school scholarship) will pay for private school, this is a good reason to choose it over public.</p> <h2>6. When Your Family Has Strong Beliefs</h2> <p>If your family has strong beliefs &mdash; maybe you are particularly religious, or care exceptionally for the environment, or believe a different style of teaching is better &mdash; then you may want your child to be raised around others with similar beliefs. In this case, private school is going to be a better fit.</p> <h2>7. When You Want Your Child to Learn Something Specific</h2> <p>Every family is different, and you may want your child to learn something taught in a private school, even if your beliefs aren't strong or your child isn't the most gifted in that area. As a parent, you have the right to make decisions about what you think is best for your child. So maybe you want your kids to learn more about music, art, or a foreign language than you would get in a public school. If that's the case, consider private schooling &mdash; if it's within your means, of course.</p> <p><em>Did you go to private school or public school? Which do you (or will you) send your child to and why?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/elizabeth-lang">Elizabeth Lang</a> of <a href="http://www.wisebread.com/7-times-you-should-choose-private-school-over-public">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-obamas-free-community-college-deal-will-help-you">3 Ways Obama&#039;s Free Community College Deal Will Help You</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-masters-degrees-that-will-drastically-increase-your-earning-power">5 Master&#039;s Degrees That Will Drastically Increase Your Earning Power</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/learning-without-the-high-cost-of-higher-education">Learning Without the High Cost of Higher Education</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-to-get-a-legit-business-education-online">3 Ways to Get a Legit Business Education Online</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Education & Training Personal Development education preschool private school public school Mon, 02 Feb 2015 18:00:11 +0000 Elizabeth Lang 1284259 at http://www.wisebread.com 5 Creative Uses for a 529 Plan http://www.wisebread.com/5-creative-uses-for-a-529-plan <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-creative-uses-for-a-529-plan" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/college-students-piggy-bank-Dollarphotoclub_58811973.jpg" alt="college student piggy bank" title="college student piggy bank" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>The cost of college tuition has risen at an average rate of roughly 8% per year over the last several decades. Case in point: The average cost of private undergraduate tuition at the University of Pennsylvania (an Ivy league institution), including room and board, fees, books, and other expenses was $2,770 in 1960. Adjusted for inflation, that's $22,219.24 in today's dollars. A mere half a century later it costs nearly three times that &mdash; $61,800.</p> <p>Thankfully, 529 Plans, or Qualified Tuition Programs (QTPs), offer families a pathway to save for higher education expenses. In many ways they resemble retirement plans, offering significant tax benefits for savers. There are no federal taxes on your contributions' <em>earnings</em> and often no state taxes if you're a local resident and the plan's beneficiary attends college in-state.</p> <p>But the benefits don't end there. Check out these creative uses for your 529 plan.</p> <h2>1. Pay for Your Own College Expenses</h2> <p>Did junior get a scholarship or decide not to attend college? Then consider using any 529 funds toward our own educational expenses. Most plans allow you to change beneficiaries once per year, enabling you to transfer the funds into your own name. If you'd waited to further your education until later in life, this can be a lower-cost way of paying for that long-awaited degree.</p> <h2>2. Think Outside the College Box</h2> <p>A traditional college is not the only place to get an education and 529 plan assets can be used to pay for two-year Associate Degree programs, technical schools, trade schools, vocational schools, and for study abroad &mdash; as long as it's with an accredited institution.</p> <h2>3. Split Beneficiaries</h2> <p>Since you can change beneficiaries on a yearly basis, you could technically fund two (or more) beneficiaries' educations with a single plan. For example, if there's a gap in your children's ages and you prefer to only have one plan you can do so &mdash; and still contribute to both their educations.</p> <h2>4. Fund Future Generations</h2> <p>The plan's beneficiary can be anyone you choose &mdash; including grandkids or great-grand children. It's a great way to ensure your legacy is put to good use &mdash; and by funding a 529 plan early, the monies can benefit from compounding over a longer period of time.</p> <h2>5. Pay for Non-Qualified Expenses With a Poorly Performing 529</h2> <p>While we usually don't recommend raiding tax-advantaged accounts early (you're usually stealing from your future and subjecting yourself to penalties), in cases of real financial need, withdrawals from a plan may become necessary. If your plan is in the red, you can withdraw from the plan without penalty in order to pay for non-educational expenses, if needed.</p> <h2>How Much to Save</h2> <p>How much you should save depends on whether or not your child intends to remain in-state or attend an out-of-state university. Will your child be attending a two or four year college?</p> <p>Perhaps, you want them to attend an in-state program and transfer into a more expensive out-of-state private school. Will he or she require room and board or participate in the school health plan? Will your student work to cover a portion of the costs?</p> <p>These are all questions to ask yourself. But, also take into consideration college price inflation, which is outpacing regular inflation and at a much higher rate. Today's average cost of $45,000 per year to obtain a four year degree may cost as much as $209,743.07 in 20 years, unless something is done about the astronomical rate at which costs are rising.</p> <p>At this rate you would need to save $3,000-$4,000 a year assuming your earnings grow at 10%. The maximum annual contribution for 2014 and 2015 is $14,000. So, get saving!</p> <p><em>Are you funding a 529 plan? How do you intend to use it?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/qiana-chavaia">Qiana Chavaia</a> of <a href="http://www.wisebread.com/5-creative-uses-for-a-529-plan">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college/college-resources">40+ College Resources for Parents and Students</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-tips-for-easy-college-savings">5 Tips for Easy College Savings</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-places-to-get-free-personal-finance-classes">10 Places to Get Free Personal Finance Classes</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Education & Training 529 plan college college savings education Wed, 07 Jan 2015 14:00:10 +0000 Qiana Chavaia 1275174 at http://www.wisebread.com 10 Places to Get Free Personal Finance Classes http://www.wisebread.com/10-places-to-get-free-personal-finance-classes <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/10-places-to-get-free-personal-finance-classes" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/business-class-78771820-small.jpg" alt="finance class" title="finance class" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Many people don't realize that well-structured personal finance classes are widely available for free. These classes are often provided by major universities like Yale and Purdue, and are usually available online via a free download; you just need to know where to look.</p> <p>Taking advantage of these resources can improve your ability to save money, budget, extend cash flow, and even get a handle on more advanced personal finance topics like investing and saving for your retirement. So, if you've been trying to get your finances in order but just aren't sure where to find the information you need to do so, this is your one-stop shop for the best available resources. (See also: <a href="http://www.wisebread.com/8-cheap-ways-to-continue-your-education-without-going-back-to-school?ref=seealso">8 Cheap Ways to Continue Your Education Without Going Back to School</a>)</p> <p>Some of these courses address specialty areas (retirement, financial markets, etc.) while others are broader and handle personal finance in a more general sense. Whatever you need, you're likely to find a suitable course here.</p> <h2>1. MoneySKILL</h2> <p>Developed by the AFSA Education Foundation, <a href="http://www.moneyskill.org">MoneySKILL</a> is a free resource geared towards helping young adults learn how to manage their money. You can read over the <a href="http://www.moneyskill.org/about.cfm">different modules</a> as well as see a <a href="http://www.moneyskill.org/demo/index.cfm">demo</a> of the actual program.</p> <h2>2. CNN Money 101</h2> <p>The content is text-based, yet easy to read and follow. The course is given <a href="http://money.cnn.com/magazines/moneymag/money101/">in 23 different lessons</a>, covering everything from making a budget to managing your 401(k). Though you lose the course-feel without an instructor, the content is classroom-level quality and may even save you a little time by allowing you to focus on the bullet points. By the end of the 23 lessons you'll have covered everything from saving for college and controlling debt to estate planning, various insurance issues, and 401(k)s.</p> <h2>3. Principles of Microeconomics (MIT Open Courseware)</h2> <p>The <a href="http://ocw.mit.edu/courses/economics/14-01-principles-of-microeconomics-fall-2007/">course</a> is actually based off of a textbook that you'll need to <a href="http://www.amazon.com/gp/product/0130084611/ref=as_li_tl?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0130084611&amp;linkCode=as2&amp;tag=wisbre03-20&amp;linkId=EPV66FSPHDGMHUEU">buy on Amazon</a> (plenty of used copies for one penny), but the lecture notes, assignments, and course material are all available for download free of charge. The course is taught by a number of different professors and teaching assistants and covers the basics of supply and demand, market demand, pricing points, and monopolies, as well as a range of tax and government related topics.</p> <h2>4. Financial Markets Econ 252 From Yale University</h2> <p>Taught by author and Professor Robert Shiller, <a href="http://oyc.yale.edu/economics/econ-252-08">Econ 252</a> covers the theory of finance, basic economic institutions, markets, and what we can expect them to look like in the future. Learning about the economic underpinnings of your personal finances can give you a more comprehensive understanding about how your money works and how it's impacted by the broader economic picture. Coursework is available for <a href="http://openmedia.yale.edu/cgi-bin/open_yale/media_downloader.cgi?file=/courses/spring08/econ252/download/econ252.zip">download</a>, while video content is available via <a href="http://itunes.apple.com/us/itunes-u/financial-markets-video/id341651306">iTunes U</a> or <a href="http://www.youtube.com/playlist?list=PL8F7E2591EE283A2E&amp;feature=plcp">YouTube</a>.</p> <h2>5. Free Kindle Resources From Bob Lotich</h2> <p><a href="http://www.amazon.com/Bob-Lotich/e/B0091W9YJ6/?_encoding=UTF8&amp;camp=1789&amp;creative=390957&amp;linkCode=ur2&amp;tag=wisbre03-20&amp;linkId=JVO36I3FT22KERG2">Bob Lotich</a> is an award-winning blogger who has been writing about personal finance since 2007. He's published several books, many of which are available for free via Kindle. He focuses on getting out of debt, charitable giving, and budgeting for both personal and family life.</p> <h2>6. Family Finance From Utah State University</h2> <p><a href="http://ocw.usu.edu/Family__Consumer____Human_Development/Family_Finance/">This course</a> focuses on financial planning from a family perspective and shows you how to establish values and goals for your family, then how to customize your financial plan to reach those goals. Practical exercises are included to learn things like buying a major appliance (dishwasher, dryer, etc.), taking home inventory, buying versus leasing, and comparing credit cards.</p> <h2>7. Money Management International</h2> <p><a href="http://www.moneymanagement.org/Financial-Education.aspx">Money Management International</a> (MMI) offers a wealth of different resources for personal finance topics including frugal living, holiday spending, bankruptcy, debt, and budgeting. They also offer a series of webinars that you can take advantage of if you don't mind working around their schedule.</p> <h2>8. Planning a Secure Retirement From Purdue</h2> <p>The earlier you can start <a href="https://ag.purdue.edu/programs/areyouprepared/secureretirement/Pages/default.aspx">planning and saving for your retirement</a>, the better off you'll be when it actually happens. This course sets the simple goal of helping you plan to do that. If retirement is something that you don't understand or that just scares you, this eight-module course is the ideal way to start educating yourself.</p> <h2>9. Personal Finance From Missouri State University (iTunes U)</h2> <p>Missouri State University offers a <a href="https://itunes.apple.com/us/course/personal-finance/id549538984">full-scale personal finance course</a> via iTunes U that's presented in a video format. There are eight classes, ranging in time from 20 to 40 minutes and covering the basics of personal finance. It's a good generalized course that covers the basics of goal-setting, budgeting, credit, insurance, and even the time value of money.</p> <h2>10. Finance and Capital Markets from Khanacademy</h2> <p><a href="https://www.khanacademy.org/economics-finance-domain/core-finance">Khanacademy</a> provides high-level information, which means they're going to cover functionality and broad concepts before they'll get down into the details. However, when it comes to personal finance, that kind of information is tremendously valuable. Khan's site provides it in four different categories; microeconomics, entrepreneurship, finances and capital markets, and macroeconomics. Each module is broken up into their own categories with somewhere between 10 to 20 lessons for each one.</p> <h2>No Reason Not to Learn</h2> <p>We have less reason than any other generation to be misinformed when it comes to our money and our personal finances. Yet it seems we may just be one of the worst when it comes to managing our assets.</p> <p>With so much material available to us, we should be rushing to take advantage of it. Because knowledge (particularly in this area) has a way of improving the quality of life. When it comes to our money, the more we know, the better off we'll be.</p> <p><em>What are some free personal finance courses that you've found to be helpful? Let me know in the comments section below.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/10-places-to-get-free-personal-finance-classes">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-10"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-creative-uses-for-a-529-plan">5 Creative Uses for a 529 Plan</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-personal-finance-books-you-should-read">6 Personal Finance Books You Should Read</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/21-things-that-young-adults-absolutely-need-to-know-about-money">21 Things That Young Adults Absolutely Need to Know About Money</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-financial-lessons-everyone-should-learn-by-kindergarten">5 Financial Lessons Everyone Should Learn by Kindergarten</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Personal Finance Education & Training education money lessons personal finance classes personal finance education Tue, 29 Jul 2014 23:00:06 +0000 Mikey Rox 1166922 at http://www.wisebread.com Best Money Tips Roundup: The Frugal Education Edition http://www.wisebread.com/best-money-tips-roundup-the-frugal-education-edition <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-roundup-the-frugal-education-edition" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/schoolboy-186598104-small.jpg" alt="schoolboy" title="schoolboy" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some of the best articles from around the web on keeping your education productive and frugal.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.moneycrashers.com/back-to-school-clothes-shopping-tips/">17 Back to School Clothes Shopping Tips to Save Money on Kids</a> &mdash; Doing a clothing swap and having a budget can help you save when it comes to shopping for new clothes for back to school. [Money Crashers]</p> <p><a href="http://www.marcandangel.com/2010/11/15/12-dozen-places-to-self-educate-yourself-online/">12 Dozen Places To Educate Yourself Online For Free</a> &mdash; Intute Law and Lifewriting are just a couple places where you can educate yourself online for free. [Marc and Angel Hack Life]</p> <p><a href="http://www.lifehack.org/articles/money/7-tips-taking-student-loans-right.html">7 Tips For Taking Out Student Loans Right Now</a> &mdash; If you plan on taking out a student loan, go to community college to cut the cost of college. [Lifehack]</p> <p><a href="http://sweatingthebigstuff.com/preparing-your-child-financially-for-college/">Preparing Your Child Financially for College</a> &mdash; To prepare your child financially for college, teach them to not spend more than they need to. [Sweating the Big Stuff]</p> <p><a href="http://onecentatatime.com/7-key-ways-to-save-money-in-college/">8 Key Ways to Save Money in College</a> &mdash; Choosing the right school and eating cheaply are a couple key ways to save in college. [One Cent at a Time]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.threethriftyguys.com/2012/08/how-to-go-to-college-for-free/">How to Go to College for Free</a> &mdash; If you want to go to college for free, try to attend college in high school or get your employer to pay for your classes. [Three Thrifty Guys]</p> <p><a href="http://www.goodfinancialcents.com/money-management-tips-every-college-student-should-know/">9 Money Tips Every College Student Should Know So They Don't Graduate Broke</a> &mdash; All college students should know to build good credit and to watch out for identity theft. [Good Financial Cents]</p> <p><a href="http://timemanagementninja.com/2012/06/21-time-life-manangement-tips-for-new-grads/">21 Life &amp; Time Management Tips for New Grads</a> &mdash; Recent grads would be wise to remember to have goals and to write them down. [Time Management Ninja]</p> <p><a href="http://www.savvysugar.com/Where-Shop-Dorm-Decor-31168650">4 Places to Shop Before Dorm Move-In Day</a> &mdash; Warehouse stores are a great, frugal place to shop before dorm move-in day. [PopSugar Smart Living]</p> <p><a href="http://parentingsquad.com/3-reasons-to-consider-summer-school">3 Reasons to Consider Summer School</a> &mdash; Summer school can be a great option for your child if you are new in town. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-roundup-the-frugal-education-edition">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-11"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/stay-in-school-until-the-job-market-improves">Stay in School until the Job Market Improves?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-freebies-for-college-students">20+ Freebies for College Students</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college/college-resources">40+ College Resources for Parents and Students</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training best money tips education school Wed, 16 Jul 2014 19:00:04 +0000 Ashley Jacobs 1146780 at http://www.wisebread.com 3 Ways to Get a Legit Business Education Online http://www.wisebread.com/3-ways-to-get-a-legit-business-education-online <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/3-ways-to-get-a-legit-business-education-online" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/businessman-computer-480182749-small.jpg" alt="businessman computer" title="businessman computer" class="imagecache imagecache-250w" width="250" height="145" /></a> </div> </div> </div> <p>Business majors are in demand. A recent survey by Millennial Branding and Beyond.com found that <a href="http://millennialbranding.com/2014/05/multi-generational-job-search-study-2014/">18% of companies are interested in hiring business majors</a> &mdash; second only to the 27% of companies looking to hire engineering and computer majors.</p> <p>There's a need for people with business degrees, or at least business skills. And the Internet offers a dizzying number of flexible, low-cost options for learning the ways of business. (See also: <a href="http://www.wisebread.com/8-cheap-ways-to-continue-your-education-without-going-back-to-school?ref=seealso">8 Cheap Ways to Continue Your Education Without Going Back to School</a>)</p> <p>Here are three approaches to getting a quality business education online.</p> <h2>1. Earn a Degree</h2> <p>A growing number of schools that offer traditional undergrad and graduate degrees in business now offer completely or mostly online options for obtaining a degree. Such programs typically have admissions requirements that are just as rigorous as their on-campus degree programs, although some offer open admissions, meaning all you need is a high school degree or a GED. Participating in a degree program is, by far, the most expensive route toward an online business education. Still, if it's an actual degree you're after, online programs are less expensive than on-campus programs.</p> <p>To help sort through the various online degree offerings, a few organizations list, rank, or help you search for programs that meet your needs or interests:</p> <ul> <li><a href="http://www.usnews.com/education/online-education">U.S. News &amp; World Report</a> ranks online programs in general (not by program) and graduate business programs, using criteria such as faculty credentials, student services, and student engagement (opportunities for interaction with other students and teachers).<br /> &nbsp;</li> <li><a href="http://www.thebestschools.org/rankings/30-best-online-colleges-2014/">TheBestSchools.org</a> offers various online program rankings, from the 20 Best Online <a href="http://www.thebestschools.org/rankings/20-best-online-bachelors-business-management-degree-programs/">Bachelor's in Business Management Degree</a> Programs to the 20 Best Online <a href="http://www.thebestschools.org/rankings/20-best-online-bachelor-marketing-degree-programs/">Bachelor's in Marketing Degree</a> Programs. Its criteria includes academic excellence, return on investment, and &quot;incidental benefit&quot; (student satisfaction, graduation rates, campus safety, and more).</li> </ul> <p>Of course, if there's a particular school you're interested in, just search on the name of the school and &quot;online business degree&quot; to find out if it offers such a program.</p> <p>At the early stages, though, the below examples ought to give you a sense of how some school's online programs match up to there on-campus counterparts.</p> <h3>Penn State</h3> <p>Penn State offers numerous online undergrad and graduate business degrees through its <a href="http://www.worldcampus.psu.edu/degrees-and-certificates/business-bachelors/overview">World Campus</a>. Tuition costs $518 to $559 per credit &mdash; almost 25% less than the in-state on-campus tuition. Compared to the out-of-state tuition, the online costs are less than half the price.</p> <h3>Indiana University</h3> <p>Indiana University's well-regarded <a href="http://kelley.iu.edu/onlineMBA/">Kelley School of Business</a>, likewise, offers an online MBA (students need to spend one week on campus in Bloomington, IN for an &quot;intense introduction to the program&quot;). Tuition costs $1,175 per credit hour. With 51 credit hours required, that comes to nearly $60,000 plus about $100 per course for books and other course materials. By contrast, the school's on-campus two-year MBA program costs $104,000 for in-state students and $143,000 for out-of-state students, including tuition, fees, and room and board.</p> <h3>Northwestern University</h3> <p>At Northwestern University, you can't get an online MBA, but you can get an online Master's Degree in <a href="http://www.scs.northwestern.edu/program-areas/graduate/imc-online/index.php">Integrated Marketing Communications</a>. It costs $3,744 per class (13 classes required), $115 technology fee per class, and a $500 deposit for a total of a bit over $50,000. By comparison, the five-term, full-time on-campus Integrated Marketing Communications program costs over $130,000, including tuition, room and board, health insurance, books, and everything else.</p> <h3>University of Phoenix</h3> <p>And finally, a lower cost option is to obtain a degree from the <a href="http://www.phoenix.edu/">University of Phoenix</a>, which has been providing online learning for 20 years and is the nation's largest for-profit college. Beware, though, according to <a href="http://chronicle.com/article/Panel-Recommends-Reaccrediting/139229/">an article in The Chronicle of Higher Education</a>, this school came under fire last year over questions about retention and graduation rates, some of its educational processes, and other issues. Ultimately, it was re-accredited, but told that it needs to make certain improvements.</p> <h2>2. Earn a Credential</h2> <p>If you don't need a full-fledged degree, but still want some type of credential to show for your efforts, there are several options.</p> <h3>Harvard CORe</h3> <p>Harvard just introduced a $1,500 online <a href="http://www.hbx.hbs.edu/hbx-core/">HBX CORe program</a> (Credential of Readiness) consisting of three business courses: business analytics, economics for managers, and financial accounting. It's designed for undergrad students who want some business knowledge, non-business grad students, and those early in their careers. Right now, the program is limited to students who live in Massachusetts, but eventually the school plans to introduce additional business classes and make them available to students worldwide.</p> <h3>Extension Programs</h3> <p>Many schools offer certificate programs through their extension or continuing education programs. For example, <a href="https://www.uclaextension.edu/Pages/fos/BusinessPrograms.aspx">UCLA</a> offers numerous online business certificate programs, such as a Business Administration Certificate With Concentration in Finance for a total of just under $11,000.</p> <h3>MOOCs</h3> <p>Online platforms such as <a href="https://www.coursera.org/">Coursera</a>, <a href="https://novoed.com/">NovoEd</a>, <a href="https://www.edx.org/">edX</a>, the Open University on <a href="http://www.open.edu/itunes/subjects">iTunes U</a>, and <a href="https://www.udacity.com/">Udacity</a> offer a huge number business classes, some of which offer the option to obtain a certificate for an additional fee.</p> <p>The Wharton School at the University of Pennsylvania now makes its first-year MBA classes, such as <a href="https://www.coursera.org/course/accounting">An Introduction to Financial Accounting</a>, available for free through Coursera, including a Statement of Accomplishment signed by the instructor and issued by Coursera.</p> <p>Coursera and other online platforms also offer higher-level certificates that are issued by the platform and the partner university. For example, you can take a class from Vanderbilt through Coursera called <a href="https://www.coursera.org/course/innovation">Leading Strategic Innovation in Organizations</a>. The course may be taken for free. Or, if you want a Verified Certificate, that costs $49. While such certificates don't represent college credit, they may provide stronger proof that you successfully completed the course, a bit more prestige, and perhaps more help in obtaining tuition reimbursement from an employer.</p> <h2>3. Gain Some Knowledge</h2> <p>MIT's <a href="http://ocw.mit.edu/index.htm">OpenCourseWare</a> site offers MOOC (Massive Open Online Courses) content from over 2,000 of the school's courses, including many undergrad and graduate classes from the Sloan School of Management. While you can't get a degree from completing the courses, they are all free. You can download lecture notes, assignments, exams, and in some cases, video lectures.</p> <p>Many other universities, such as <a href="http://online.stanford.edu/">Stanford</a>, make many of their courses available in similar fashion.</p> <p>One of the more innovative uses of these free online courses can be seen in the experience of Laurie Pickard. From her home in Rwanda, where she works for the United States Agency for International Development, she's working through a handpicked assortment of free online grad school classes from some of the world's best business schools. While she won't receive an official MBA, she'll have what she considers to be the equivalent. She's chronicling her experience at an appropriately named <a href="http://www.nopaymba.com/">No Pay MBA</a> blog.</p> <p>You'll find countless free online non-credit classes on the platforms mentioned earlier: Coursera, NovoEd, edX, iTunes U, Udacity, and others.</p> <h2>No Shortage of Online Learning Options</h2> <p>Online education is a fast-growing space, with a lot of experimentation going on among schools and platforms. Many questions are emerging along with that growth, such as how much value employers will place on an online degree versus a traditional degree, and how resume-worthy are non-credit or certificate classes. But for students looking for flexible, low-cost learning opportunities, there have never been so many options to choose from.</p> <p><em>Have you taken an online university class? What's been your experience?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/matt-bell">Matt Bell</a> of <a href="http://www.wisebread.com/3-ways-to-get-a-legit-business-education-online">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-12"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-obamas-free-community-college-deal-will-help-you">3 Ways Obama&#039;s Free Community College Deal Will Help You</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-masters-degrees-that-will-drastically-increase-your-earning-power">5 Master&#039;s Degrees That Will Drastically Increase Your Earning Power</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-times-you-should-choose-private-school-over-public">7 Times You Should Choose Private School Over Public</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-things-you-need-to-know-before-taking-online-classes">7 Things You Need to Know Before Taking Online Classes</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training Personal Development business education education MBA online classes online college Thu, 26 Jun 2014 21:00:04 +0000 Matt Bell 1149172 at http://www.wisebread.com Best Money Tips: Save on the Cost of College http://www.wisebread.com/best-money-tips-save-on-the-cost-of-college <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-save-on-the-cost-of-college" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/college-money-177242419-small.jpg" alt="college money" title="college money" class="imagecache imagecache-250w" width="250" height="142" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some amazing articles on saving on the cost of college, how to hide resume flaws, and things you must know about your future spouse's finances.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.cashthechecks.com/7-ways-to-save-on-the-cost-of-college/">7 Ways to Save on the Cost of College</a> &mdash; To save on the cost of college, apply for scholarships and graduate quickly. [Cash The Checks]</p> <p><a href="http://www.fivecentnickel.com/2013/06/28/6-big-resume-flaws-and-how-to-hide-them/">6 Big Resume Flaws &mdash; and How to Hide Them</a> &mdash; If your college education doesn't match the job you are applying for, make sure your resume focuses on your experience. [Five Cent Nickel]</p> <p><a href="http://personaldividends.com/things-must-know-future-spouses-finances/">10 Things You Must Know About Your Future Spouse's Finances</a> &mdash; You should make sure you know about your future spouse's debts and health insurance coverage. [Personal Dividends]</p> <p><a href="http://www.savvysugar.com/Save-Dry-Cleaning-18456597">5 Tips to Save on Dry-Cleaning</a> &mdash; Dry-cleaning at home can help you save on your dry-cleaning bill. [POPSUGAR Smart living]</p> <p><a href="http://www.getrichslowly.org/blog/2014/06/17/homeowners-could-this-save-you-thousands-in-just-a-few-hours/">Homeowners: Could This Save You Thousands in Just a Few Hours?</a> &mdash; Did you know challenging your home's tax assessment could save you thousands? [Get Rich Slowly]</p> <h2>Other Essential Reading</h2> <p><a href="http://findyourbalanceblog.org/2014/06/17/21-ways-to-potentially-reduce-your-taxes/">21 Ways to Potentially Reduce Your Taxes</a> &mdash; If you want to reduce your taxes, try making charitable donations or deducting relocation costs. [Find Your Balance]</p> <p><a href="http://moneyqanda.com/5-wealth-concepts-teach-children/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+MoneyQandA+%28Money+Q%26A%29">5 Wealth Concepts You Need to Teach Your Children</a> &mdash; It is important to teach your children delayed gratification and to live within their means. [Money Q&amp;A]</p> <p><a href="http://www.20sfinances.com/get-ahead-economy/">How To Get Ahead In This Economy</a> &mdash; Becoming invaluable is one way to get ahead in this economy. [20's Finances]</p> <p><a href="http://www.stackthechips.com/the-6-best-finance-apps-for-your-smartphone/">The 6 Best Apps For Your Smartphone</a> &mdash; Do you have Tip Calculator or Mint on your smartphone? [Stack The Chips]</p> <p><a href="http://parentingsquad.com/how-to-actually-get-sunscreen-on-your-children-without-the-fighting">How to Actually Get Sunscreen on Your Children (Without the Fighting)</a> &mdash; To get sunscreen on your child without fighting, try sunscreen sticks or spray. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-save-on-the-cost-of-college">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-13"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college/college-resources">40+ College Resources for Parents and Students</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-didn-t-learn-in-college-but-you-should-have">10 Things You Didn’t Learn in College (but You Should Have)</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-creative-uses-for-a-529-plan">5 Creative Uses for a 529 Plan</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-places-to-buy-or-rent-textbooks">20 Places to Buy or Rent Textbooks</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training best money tips college education save Fri, 20 Jun 2014 19:00:05 +0000 Ashley Jacobs 1145901 at http://www.wisebread.com 20+ Freebies for College Students http://www.wisebread.com/20-freebies-for-college-students <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/20-freebies-for-college-students" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/pizza-imsis591-052-small.jpg" alt="college food" title="college food" class="imagecache imagecache-250w" width="250" height="174" /></a> </div> </div> </div> <p>&quot;This is the worst possible year to graduate from college in history.&quot;</p> <p>I heard this exact same phrase back in 2002, then again in 2007, and yet again in 2009 as I completed my university studies in those years. Yet, I found that there was no need to be so gloomy. (See also: <a href="http://www.wisebread.com/8-financial-to-dos-for-college-freshmen?ref=seealso">8 Financial To-Dos for College Freshmen</a>)</p> <p>Yes, college costs are still on the rise. But college life is full of exciting opportunities and, more importantly, full of savings. You just have to look in the right places. Here are 25 ways to take advantage of those savings.</p> <h2>Entertainment</h2> <p style="font-size: 13px;">All work and no play makes Jack a dull student. Start off with these fun freebies.</p> <h3>1. Lunch and Dinner</h3> <p style="font-size: 13px;">Getting a cheap meal doesn't mean limiting yourself to tuna sandwiches and ramen noodles for your entire school life. By joining on-campus clubs and organizations, you may be able to score free lunches and dinners several times a week. Even if you just attend one club meeting a week, you could save as much as $50 a month in food. Another way to get free meals is to volunteer for alumni association events and attend student club evening mixers.</p> <h3>2. Free Soda</h3> <p style="font-size: 13px;">Several fast food chains, such as Chipotle and Chick-Fil-A, offer free sodas to customers that show a valid student ID. Don't hesitate to ask before making your purchase.</p> <h3>3. Washington Post</h3> <p style="font-size: 13px;">If you enjoy reading the Washington Post with your morning coffee, then get&nbsp;<a href="https://account.washingtonpost.com/actmgmt/registration/get-nonpaid-access">free digital access</a>&nbsp;with your .edu email.</p> <h3>4. Movies</h3> <p style="font-size: 13px;">Student campuses across America host free movie nights during nights at quads or campus centers. Check the campus events calendar for movie listings and enjoy a night out with your friends. (See also:&nbsp;<a href="http://www.wisebread.com/you-never-need-to-pay-to-watch-movies-heres-why?ref=seealso">You Never Need to Pay to Watch Movies</a>)</p> <h3>5. Museum Admission</h3> <p style="font-size: 13px;">Several museums offer free admission to exhibit halls to holders of a valid university ID on certain days. Some examples are the&nbsp;<a href="http://www.mfa.org/membership/universities">Boston Museum of Fine Art</a>&nbsp;and the&nbsp;<a href="http://www.philamuseum.org/education/273-233.html">Philadelphia Museum of Art</a>. Make sure to check the website of your local museums for specific days and times.</p> <h3>6. Sporting Event Tickets</h3> <p style="font-size: 13px;">Several universities, such as my&nbsp;<em>alma mater</em>, the&nbsp;<a href="http://hawaiiathletics.com/sports/2010/12/7/GEN_1207100846.aspx?tab=studenttickets">University of Hawaii</a>, offer free sports tickets to current students with valid student IDs. My school even offers free bus rides to the football stadium and back to the campus.&nbsp;Make sure to check if you qualify for free tickets and get them early because they go fast.</p> <h2>School Supplies and Tools</h2> <p>You spend enough money as it is on books and supplies &mdash; here is how to stretch those dollars.</p> <h3>7. Amazon Student</h3> <p>Free for the first six months, <a href="http://www.amazon.com/gp/student/signup/info/?ie=UTF8&amp;camp=1789&amp;creative=390957&amp;linkCode=ur2&amp;tag=wisbre03-20&amp;linkId=SAM2O7RD2U33ON3D">Amazon Student</a> provides free two-day shipping on millions items. Also, Amazon rewards you with a $10 credit for every friend that you refer to this program. There is no cap on the amount of credits you can get, so become the big man on campus by spreading the word to your buddies about Amazon Student. After the six-month free trial, you get the chance to sign up for Amazon Prime at 50% off.</p> <h3>8. Printing</h3> <p>There are two ways to spend the least possible on printing. The first one is to check with your instructor if you can submit your files digitally. The second one is to take advantage of the technology fee that you are most likely already paying. Check with your student union to find out which computer labs allow you to print for free and what the daily limits on free printing are</p> <h3>9. Autodesk Software</h3> <p>Engineering, architecture, animation, and design students rejoice. There is no need to get illegal copies anymore &mdash; you can get free Autodesk software with your valid .edu email. The <a href="http://www.autodesk.com/education/free-software/students-university/all-products">list of free 57 Autodesk programs</a> includes the very popular 3ds Max, AutoCAD, Inventor Professional, Maya, Revit, and Fusion 360.</p> <h3>10. Microsoft Software</h3> <p>Microsoft is giving away its Windows operating system and other <a href="https://www.dreamspark.com/Student/Software-Catalog.aspx">premium software</a>, such as <a href="https://www.dreamspark.com/Student/Default.aspx">Visual Studio Professional suite</a>, at no cost to university students with a valid .edu email. If you are in the field of computer programming, you can use some of that free software to submit your entry to <a href="https://www.imaginecup.com">Microsoft's ImagineCup</a>, a global student technology competition. The prizes start at $1,000 and, if your team makes to the finals, include a trip to Seattle and a chance for a private meeting with Bill Gates.</p> <h3>11. Welcome Back Events</h3> <p>College bookstores often host these events during the first week of the fall semester to welcome returning students and freshmen. These events are great for scoring goodies ranging from notebooks to highlighters to pens. Stock up on free school supplies that you can use throughout the semester.</p> <h2>Money Matters</h2> <p>From insurance to banking to tax preparation, here are some freebies that college students can get.</p> <h3>12. Checking Accounts</h3> <p>On your first week on campus, you have to find out whether your university has a credit union. University credit unions often offer free checking and savings accounts without any monthly fees to students. Some even provide free debit cards and online bill pay. By setting up your checking account at your local credit union, you can be in your way to building a strong financial foundation and be eligible for a line of credit in the near future.</p> <h3>13. Health Insurance</h3> <p>Even if you are attending school and financially independent from your parents, as long as you are <a href="https://www.healthcare.gov/can-i-keep-my-child-on-my-insurance-until-age-26/">younger than 26 years old</a>, you can be kept on your parent's health insurance policy.</p> <h3>14. Bitcoin</h3> <p>Students with a valid .edu email may be eligible for a <a href="http://blog.coinbase.com/post/85758038492/10-of-free-bitcoin-for-college-students">free $10 in bitcoin</a>. The offer is from Coinbase, one of the most popular bitcoin wallets in the U.S. By signing up for a new Coinbase account with your .edu email, you get $10 worth in bitcoin and $1 for each person referred. Some of the students that have taken advantage of this offer include those from University of Illinois at Urbana-Champaign, University of Texas at Austin, UCLA, and UC Berkeley. With the current market value of a single bitcoin in the upper $600's, you could see a nice return on those free coins. Just keep an eye on the <a href="https://www.linkedin.com/today/post/article/20140516185817-22868355-5-takeaways-from-irs-notice-2014-21-for-bitcoin-users">tax rules when using a cryptocurrency</a>.</p> <h3>15. International Travel Insurance</h3> <p>If you already own an <a href="http://www.myisic.com">International Student Identity Card</a> issued in the U.S., then you already have <a href="http://www.myisic.com/Travel/Insurance.html">basic travel insurance</a> that covers you while abroad. This is very helpful to meet the travel insurance requirement from some universities and consulates. Some of the benefits include trip and baggage delay, repatriation of remains, and accident and sickness medical expense coverage.</p> <h3>16. Taxes</h3> <p>If you are a U.S. nonresident and you are receiving scholarship or fellowship grants, you may be able to adjust your taxable gross income. When all or most of your grant monies are spent on tuition, books, and university fees, then you can include an Attachment to Form 1042-S to make those grant monies exempt from taxes. Additionally, some countries, such as China and India, have <a href="http://www.irs.gov/Businesses/International-Businesses/United-States-Income-Tax-Treaties---A-to-Z">tax treaties with the U.S.</a> that allow students from those countries additional tax breaks.</p> <h3>17. Tax Preparation</h3> <p>During tax season, many universities offer free tax preparation services for students. Don't forget to check the requirements for eligibility, such as a maximum gross income.</p> <h3>18. Tuition</h3> <p>Yes, you are reading that right. While on-campus student jobs may not offer much per hour, several offer tuition waivers. Contact your local student union or student center and ask how you can look for on-campus jobs that offer tuition waivers. Some of them may be available online, but other ones may be only available through that office. Ask around!</p> <h2>Miscellaneous Items</h2> <p>These items don't fall into a specific category, but that doesn't mean that they are less free!</p> <h3>19. Condoms</h3> <p>Drop by your school's health center and stock up on many as you want. Just make sure to check the expiration date on the packaging, if available. Stay safe on the cheap.</p> <h3>20. Counseling and Stress Management Services</h3> <p>If this is your first time away from home, you may feel a bit overwhelmed. Combat those student blues with help from on-site professionals at no cost. Some schools are even offering <a href="http://www.news.iastate.edu/news/2009/sep/biofeedback">biofeedback centers</a> to their students to help them measure and handle all levels of stress. The cost of counseling and stress management services is quite expensive outside of school, so if you need it, take advantage of these free on-campus services.</p> <h3>21. Social Media Freebies</h3> <p>Turn your social media influence into freebies. New York-based startup Sumpto has a reward system for students with a valid .edu email and Facebook account. The higher your <a href="http://www.sumpto.com">Sumpto score</a>, the better your rewards. If you are very active on Twitter and Facebook, you'll start getting free stuff in no time. Some of the companies that have provided freebies include Party City, Kraft, Chobani, Red Bull, and Office Depot.</p> <p><em>What are your favorite freebies for college students? Please share in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/damian-davila">Damian Davila</a> of <a href="http://www.wisebread.com/20-freebies-for-college-students">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-14"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-find-the-cheapest-college-textbooks">How to find the cheapest college textbooks</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-places-to-buy-or-rent-textbooks">20 Places to Buy or Rent Textbooks</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college">College Guide</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-things-to-do-with-a-1-bill">101 things to do with a $1 bill.</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Frugal Living Education & Training budget college freebies school student Wed, 11 Jun 2014 13:00:52 +0000 Damian Davila 1142125 at http://www.wisebread.com 7 Things You Need to Know Before Taking Online Classes http://www.wisebread.com/7-things-you-need-to-know-before-taking-online-classes <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/7-things-you-need-to-know-before-taking-online-classes" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/homework-479706709-small_0.jpg" alt="homework" title="homework" class="imagecache imagecache-250w" width="250" height="155" /></a> </div> </div> </div> <p>Online classes are all the rage, and with good reason: The <a href="http://www.usnews.com/news/articles/2013/10/24/the-rise-in-tuition-is-slowing-but-college-still-costs-more">cost of higher education</a> has skyrocketed. Those unwilling (or unable) to take on a mountain of student loan debt are forced to seek alternatives, and for many, that means earning a degree online. (See also: <a href="http://www.wisebread.com/8-cheap-ways-to-continue-your-education-without-going-back-to-school?ref=seealso">8 Cheap Ways to Continue Your Education Without Going Back to School</a>)</p> <p>Advocates of distance learning programs tout advantages like flexibility and reduced cost, but is that really true? Listed below are some unexpected ways going to school online could cost you in the long run.</p> <h2>1. Lack of Human Interaction</h2> <p>The obvious difference between attending traditional classes and taking them online is the lack of people. No face-to-face teacher time, no sharing notes with your peers, no group projects. Often the discussion and debate that takes place in the classroom is what leads to true learning, and distance learners miss it completely. Not to mention that restricting oneself to only electronic messages leaves the door wide open for miscommunication.</p> <h2>2. You May Still Have to Commute</h2> <p>To combat the problems that arise when students and teachers never meet, some programs take a hybrid approach and require that virtual students come to campus several times throughout the course of their degree. If you choose an online program based out of state, or have limited resources for commuting, this will be costly and possibly take time away from work and family.</p> <h2>3. Hidden Fees</h2> <p>If you're attracted to online classes because of the flexibility, you might want to investigate how much it's going to cost you. Some online universities penalize students who just want to take one or two classes at a time. In addition, according to US News, &quot;prospective students should also keep an eye out for assessment fees, graduation fees and yes, <a href="http://www.usnews.com/education/online-education/articles/2014/01/08/4-hidden-costs-of-online-degrees">even parking fees</a> when shopping around for an online degree program.&quot;</p> <h2>4. No FAFSA</h2> <p>If you're depending on Federal Student Loans to pay for your online education, be very careful when researching potential programs. An online school must be accredited by an authorized agency in order to participate in the federal financial aid program. Be on the lookout for fake &quot;accreditors&quot; whose fraudulent names sound real, but will get you rejected from FAFSA.</p> <h2>5. Less Experienced Teachers</h2> <p>Not everyone that has an advanced degree is cut out to be a teacher. Even fewer are cut out to be good teachers in an online environment. To qualify for online teaching positions, most schools only require a Master's degree, and in some cases, proof that the would-be teacher has taken a cluster of advanced coursework in the area they wish to teach. (See also: <a href="http://www.wisebread.com/could-online-teaching-be-for-you?ref=seealso">Could Online Teaching Be for You?</a>)</p> <h2>6. No Extra-Curricular Activities</h2> <p>Ready for a shock? Often the most valuable college experiences happen outside the classroom and traditional coursework. <a href="http://www.wisebread.com/finding-an-internship-as-an-adult">Internships</a>, apprenticeships, student government positions, summer research projects, Greek organizations, and academic clubs &mdash; these are the places you gain real job skills, and network with people who can help you later in life. They're also much harder to access if you're an online student. (See also: <a href="http://www.wisebread.com/is-taking-classes-online-right-for-you?ref=seealso">Is Taking Online Classes Right for You?</a>)</p> <h2>7. You're More Likely to Fail</h2> <p>Schools that offer online classes love to promise how much easier it will be than traditional college. What they don't tell you is that unless you're incredibly disciplined, you're more likely to fail out of distance learning courses, thus wasting a ton of money. According to the New York Times, &quot;...[S]tudent <a href="http://www.nytimes.com/2013/02/19/opinion/the-trouble-with-online-college.html?_r=1&amp;">attrition rates</a> &mdash; around 90% for some huge online courses &mdash; appear to be a problem even in small-scale online courses when compared with traditional face-to-face classes&hellip; Courses delivered solely online may be fine for highly skilled, highly motivated people, but they are inappropriate for struggling students who make up a significant portion of college enrollment and who need close contact with instructors to succeed.&quot;</p> <p>Learn more about the hidden costs of online classes in the infographic below:<br /> &nbsp;</p> <p><a href="http://www.affordable-online-colleges.net/online-courses-cost/"><img width="605" height="1517" border="0" alt="Online Courses Cost" src="http://www.affordable-online-colleges.net/wp-content/uploads/2014/05/online-courses-cost.png" /></a><br /> Source: <a href="http://www.affordable-online-colleges.net/">Affordable-Online-Colleges.net</a></p> <p><em>Have you taken college course online? What was your experience like?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/beth-buczynski">Beth Buczynski</a> of <a href="http://www.wisebread.com/7-things-you-need-to-know-before-taking-online-classes">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-15"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/3-ways-to-get-a-legit-business-education-online">3 Ways to Get a Legit Business Education Online</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-places-to-buy-or-rent-textbooks">20 Places to Buy or Rent Textbooks</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/college">College Guide</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/20-freebies-for-college-students">20+ Freebies for College Students</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/8-ways-to-get-student-loan-debt-forgiveness">8 Ways to Get Student Loan Debt Forgiveness</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Education & Training college online classes online college online education Mon, 09 Jun 2014 13:00:34 +0000 Beth Buczynski 1141976 at http://www.wisebread.com