Higher Education Costs And How To Reduce Them

Education has always been the most important indicator of a society’s development and advancement. Now, it has also become the ultimate tool for survival and also success, both individually and for a society as a whole. In a rapidly changing work environment and amidst the increasing challenges in employment, higher education is the trait which decides the economic as well as social status of a person.

As the era of technology unfolded, higher education branched in hundreds of new streams. A trait of this era’s higher education is its customization for specific needs and its stress on specialization in each field of study. Many new fields were discovered which involved more research and resources to study and the cost of higher education started escalating.

The notion that higher education is very costly has sunk in so deeply among the student fraternity that many don’t even aspire to pursue higher studies. This notion may have had a basis some years ago but the scenario has changed considerably. If you have the will and passion to study, there are numerous ways you can pursue your studies even though you don’t possess huge financial resources.

Reduce Higher Education Cost

It is possible to cut your education costs if you rigorously follow some instructions which are mentioned below:

  • Generate Money

There are basically two ways you can finance your higher education: by generating money and by saving money. You can generate money through the following ways

  1. Scholarships

Scholarships are one of the greatest boons for the student fraternity. There are thousands of scholarships offered to students all around the world. There are scholarships for specific subjects, scholarships to enrol in specific colleges and universities, scholarships for students from poor backgrounds and the list goes on. Applying to a scholarship is easy. You just need to check whether you are eligible or not and then send your details before the deadline. In case you don’t get one, there are many more scholarships for which you can apply.

  1. Part Time Jobs

Part time jobs are another way to generate money while you are studying. According to a survey conducted by Citigroup and Seventeen magazines in USA, 80% of students work part time. The survey stated that an average student spent 19 hours every week working. Part time jobs not only help students in earning money but also give them an advantage in their future practical lives because it teaches them to save money and spend it in a planned manner.

  • Save Money
  1. Avoiding what you don’t need

The first and foremost way to save money is avoiding things you may want, but which you actually don’t need. As a student, you must practice caution and avoid impulsive purchases. Buying used books, used furniture is a good idea to save money.

  1. Using the student advantage

Being a student, you will be entitled to a lot of benefits. Use them to your advantage. Students often get discounts in transportation and other such things. Use public transport and take advantage of such benefits.

With a little improvisation and careful planning, you can pull through your study terms even without much financial resources. Higher education is too great and valuable a thing to be left just because of lack of money. Money can be earned but not educational opportunities.

Author Bio:
Jessie Agarwal is a passionate blogger and journalist from India. She writes articles on various topics such as Education, gadgets, travels…etc. As of now she is focusing on Univariety, which provides career counselling for college students. The organization also helps school students in career exploration and planning.

Posted: October 23, 2015 / Categories: All, Colleges & Universities
Comments disabled Tags: