Tuesday, April 10, 2007

Simple Ways to Make College Cheaper

This article gives several things that are very expensive about going to college and ways to help keep the costs down. In addition to the big obvious expenses of tuition, room, and board there are the other miscellaneous expenses that get forgotten about. The first that is usually a shock to students and parents are books. It's estimated that the average student will pay around $900 a year on books alone. You can always share with friends who have taken the course or there are several websites suggested where you can buy books cheaper or sell yours when you're done with them. They also estimate that other expenses can run around $3,700 per year or about $250 a month. They say that the biggest expense is car upkeep, so students and their families could save a lot of money if the student doesn't need a car on campus. All of these are good things for college students to have in mind.

10 comments:

SHANE B said...

Going college is expensive. Beside the explicit cost like tuition, dormitory and text books, there are also some significant implicit costs. If we devoted the time of attending college to work, we would probably make a fortune or at least make a living. To reduce both the implicit and explicit costs, there are sure many ways. You can be too lazy to pinch pennies during your college years. However, there is one easiest way to save your cost: to study hard and get a well paid job! Though sounds geeky, a well paid job is really a good way to compensate your loss during college years and you may even get some “bonus cash”. Though being a good student not always equals to getting a well paid job, it won’t hurt to have a try.

Matt Dutko said...

I also think that it is very important to remember that many of us are attending college in hopes of getting a high paying job. I feel that the high cost of education is necessary to prevent everyone from attending a college or university. While it may seem illogical to prevent some people from being able to achieve high paying jobs, we also must have people to work at the lower paying jobs. If everyone were to attend it would be hard to find someone to work at a gas station or some other low paying job since they will feel that deserve something that pays much better.

Shawntae said...

College should be made affordable for everyone to create an equal opportunity environment. Despite the financial aid to cover explicit costs like tuition, room and board, the implicit costs can be costly as well. The implicit costs prove to be just as costly in the long run. These implicit costs being leisure activities to extra-curricular expenses. While college is a great opprtunity for higher education, the opportunity cost foregone from entering the job market is something we all should look at before our final decision to apply to college. especially a private college like Marietta.

JenWolfe said...

Most people attend college in order to get the upper-hand on the competition for jobs in this country. The income forgone by attending college will more than likely be made up after entering the work force. These jobs also have more opportunities for advancement, unlike most jobs that only require a high school diploma. By advancing within the job workplace, the average person would be making far more per year than the person that doesnt attend college. Also there is room for bonuses and other opportunities that can be enjoyed within most firms.

Stephen Gruenberg said...

College does include many unseen costs in addition to the tution, room/board ect. One thing that strikes me as weird is how those explicit costs can change so drastically from college to college... Why if the tution at a state school is say $20,000 less then a private college and the schools are equal in all area would a student choose to go to the more expensive private school? This is something students should look at in choosing a school to make it cheaper from the start.

Jessica Tucker said...

I think that it is not fair that college is cheap for some people. Rich people don't need money to go to college and poor people get money handed to them by the government, out of our taxes, to go to college, and then there is the middle class. The middle class gets close to nothing handed to them for going to college. So we are the ones who have to take out loans in our names and put ourselves $100,000 in debt at the age of 21. This isn't fair. While I think that college should be equal opportunity, I do not think that poor people should not have any debt and middle class people have all the debt. The people who get money handed to them to go to college should have to pay it back. It should be more of a loan for now and when they get this "high paying job" then they can pay it back and someone else who needs it can use it as a loan.

Kyle Thauvette said...

College is a great opportunity and all those who have the opportunity to go should no matter what the cost. While some individuals might not make as much money out of college as others due to their major, eventually (no matter how many years it takes) they will eventually pay off college. Some might argue that they could be making money right out of high school and then wouldn't need to worry about paying anyone back. At the same time however, those people will still be making considerably less than those who took the time and money to go to college. I agree that there are a lot of hidden costs that aren't thought about as much as others, they still need to be paid and can almost be considered fixed costs. The variables are the things like cars and such. If students just stick to paying the fixed and not worry about he variables, college might not be as much of a burden.

Jordan Gottke said...

College is a quite expensive part of a person's future. We all knew this when we signed on to go to college. However, I do agree with Jessica in that sometimes it seems the system to attend college is unfair. Most of us lie in the middle class, well at least I do anyway, and it is disheartening to know that people whose parents don't make as much money get better financial gifts (not having to pay them back) and the people in the upper class, really do not care about the costs of college. So we in the middle class, are just kinda stuck in the middle.

Racy said...

College is expensive expecially if you go to a private college like Marietta College. I agree with Jordan and being in the middle class. Many of us middle class students and families basically get screwed, we don't get much aid and then we don't make enough money to be careless with the money we have; well nto really careless with the money. I guess one of them most easiest ways to save money in college is buying the books used, reducing your meal plan if possilbe and in many cases it is a lot cheaper to live off campus than on.

Matt Sleyzak said...

College is very expensive considering the prices of tution, R&B, and books. However though I think people are looking at this the wrong way! I myself am not very well off and either is my family, but the whole reason we are going to college is to better our futures. SO we will make more for what we put in now! Say a student over four years spends $120,000 and after school he gets a job. He will pay that off overtime and he will make a huge profit and it will exceed the price for going to school.