Right when we all see economic doom all around us, we now may see light at the end of the tunnel. Even if it is only a glimmer. There are more colleges attempting to attract students that can afford both an online degree and on-campus college education. Their new marketing plan includes lower tuition fees and also offering three year degrees. You may be wondering it’s about time, right?! In fact, some colleges are at least freezing tuition fees for a full four years.
All this is great news for our military service men and women, according to Larry Fowler from Scholarships.net. “Due to the many DOD cuts and terminating wars on foreign land, more military personnel are retiring and coming home. Most of them are waiting to cash in on their GI Benefits of a free college education” according to Fowler.
Unfortunately, the average growing trend is a whopping 4% in college tuition per year. Military veterans may find the rising cost of both living and college far outweigh money offered in the GI benefits package. Resulting with many veterans are having to work either full time or part time jobs all-the-while attending college. Not an easy task if you’re married with children. This is where online college degree programs become attractive to many. A military veteran could work and come home and earn his or her degree in the comfort of his or her own kitchen after the kids are in bed.
Great News! Colleges Cutting Cost!
Colleges that have cut their costs at this time include University of Charleston, in West Virginia, by 22% to about $19,000 for a full year. Then there is Seton Hall University in New Jersey who has cut tuition by 10% for the next year along with Lincoln College in Illinois and Pennsylvania Cabrini College. However, students must confirm that their financial aid is not limited or cut entirely.
Another option may be to combine attending a community college for one to two years and then transferring the credits to the university of choice. Well respected universities will honor valied college credit transfers.
So what if you want a master’s degree. Good news! Some colleges are offering joint degree programs that offers a student the option of graduating in four years with both a bachelor’s degree and a masters degree. And then Lopscomb University is lowering the number of college credits needed to graduate from 132 hours to 126.
Naturally, each student needs to fully engage with their desired school. Ask about drop out rates, college aid, average time to earn your desired degree and don’t hesitate asking any questions that you may have. Your college education choice whether online degree or on campus will certainly be one of the most important decisions in your life.
Of course there may be a down side to all the cost cutting. Will teacher student ratios be less attractive? Then if core basic requirements are cut and colleges focus more on a student’s major studies… will the student’s basic skills be compromised? According to Fowler, “this is an opportunity for online colleges who offer online degrees to focus on providing a quality education leading to desired careers at a fair price. And beware to colleges who do not put the interest of the student first.”