The latest news, trends and information to help you with your recruiting efforts.

Posted March 27, 2015 by

The Ultimate Guide to Paying for College Tuition

Sarah Landrum photo

Sarah Landrum

Let’s be honest, college is expensive. Loans and scholarships enable more people to attend college than ever before, but the current economic climate is still an obstacle when it comes to covering the cost of college. With the U. S. economy in a state of recovery, credit is tightening and tuition costs are rising – leaving students to wonder how they can pay for college without going broke. (more…)

Posted November 05, 2014 by

Tips to Help You Pay for College

Chris Beck

Chris Beck

With today’s challenging economic conditions, the value of a college degree has never been greater. Job applicants must work harder than ever to stand out from the herd and be noticed. A college degree from a well-recognized university is one of the best ways to differentiate yourself, and gain upward mobility in the job market. (more…)

Posted October 16, 2013 by

How to get your employer to pay for college

Money saved for college with a small graduation cap

Money saved for college with a small graduation cap. Photo courtesy of Shutterstock.

It’s the understatement of the century to say that college is expensive.

According to The College Board, the average cost of tuition and fees in the 2012-13 academic year was $8,655 for public, four-year colleges as an in-state student; $21,706 for public, four-year colleges as an out-of-state student; and $29,056 for private, nonprofit, four-year colleges.

But did you know that some companies may be willing to pay for your tuition and fees? Apple, UPS and Starbucks are just a few examples, according to a Huffington Post article. It may take some convincing, though, if they don’t have a tuition reimbursement program already in place.

Here are three ways to possibly get your employer to help pay for your college. (more…)

Posted July 01, 2013 by

4 Things Parents Should Know Before Paying for College

From $20,000 to $65,000 a year – that’s the tuition cost for one year of college, says John McDonough, a money expert who helps retirees and parents plan for their families’ futures.

John McDonough

John McDonough, CEO of Studemont Group College Funding Solutions

“For the 2012–2013 academic year, the average cost for an in-state public college is $22,261. A moderate budget for a private college averaged $43,289,” says McDonough, CEO of Studemont Group College Funding Solutions. “But for elite schools, we’re talking about three times the cost of your local state school. Either way, your kid’s higher education can easily shoot into six figures after four years.” (more…)

Posted May 24, 2013 by

How to Pay for College and Avoid Expensive Loans

Bag of money for college plan

Bag of money for college plan. Photo courtesy of Shutterstock.

Most college students enter the workplace in debt, according to a report published by the Institute for College Access & Success. The report states that the average college student graduates owing $26,600. This debt can really put a damper on a person’s after-college plans. It means hitting the job marketplace right away and often accepting the first job, as opposed to your dream job. In order to keep costs down, it’s recommended that students find ways to pay for college as they’re taking classes. (more…)

Posted January 15, 2009 by

Modern Alternatives to Paying for College

The downturn in the economy has caused a lot of parents – and students, too – to rethink how they are going to pay for college in the coming years. Kara McGuire discusses one alternative some parents have come up with in her article for the Minneapolis Star-Tribune, Pay Dirt: Put College Pay Plan to Paper.
The alternative McGuire discusses in her article is something like a contract, between parents and their children, that outlines who’s responsible for what expense. One family decided that their son should pay for his own books, but that they would foot the bill for everything else.
“[D]iscussing how to pay for college is more critical than ever now, given the recession, the negative performance of many college savings plans in 2008, tougher credit standards, lower home values and steep tuition increases,” says McGuire.
As much as they may want to, some parents simply can’t afford to give their children the same deal they received when they were in college. But having students contribute to their own education isn’t such a bad thing. “[T]hey’re less likely to skip class when the bar down the street has $1 burger night,” McGuire surmises.
Parents and their children can get together and get specific about how much each will contribute toward college expenses. Some parents also include academic performance in their agreements. It doesn’t really matter what kind of arrangement parents make with their children. What matters, according to McGuire’s article, is that some sort of formal agreement be put down on paper and signed by everyone.
The difficulty in paying for college and the extra responsibility on the shoulders of students may make paid internships even more desirable and harder to get in the coming years.