The confluence of rising tuition, increasing student debt, and declining employment opportunities for recent graduates is raising questions about the value of a bachelor’s degree. These concerns have been around for years, but the good news is there are rays of hope in the form of tuition rates beginning to freeze or even contract. Better still, over the next five years, expect the use of online classes to snowball across the postsecondary universe. Institutions that fail to respond will, in all likelihood, start to fall to the wayside—unless the size of their endowments insulates them.
Reducing the Costs of Your Bachelor's Degree
If you are fortunate enough to gain admission to Stanford, or any of the Ivy League schools, even if your family income is slightly over $100,000 a year, you'll receive substantial grants. (See "Looking for a Well-Endowed College?" in this blog.) Should you not be among the chosen elite, but have participated in an IB Diploma Programme, or took a slew of AP courses, you just might be able to skip a year, and get your Bachelors degree in 3 instead of (especially in the public schools) 5-6 years