Value Education: How Going to a Value College Helped Me Save Money

Most financially prudent people search for a good balance of price and quality when shopping for televisions and groceries and automobiles, but few consider value when shopping for higher education. Accelerated programs give you all the value of a traditional program at a cheaper price. Though tuition costs alone are often a factor in choosing a college, the overall value — the quality of education received for the price — is rarely a reason students and alumni give for choosing their particular schools.

The admissions office of the college where I got my undergraduate degree boasts of the school’s high rank among “best value” colleges on lists compiled by U.S


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5 Responses to Value Education: How Going to a Value College Helped Me Save Money

  1. killian says:

    This is a great point. A college education is one of the most expensive purchases that people make during their lifetime, and rarely do they look for the best value. It’s one area where everyone tries to get into the best college by name (kind of like everyone trying to buy the most expensive car) rather than what is the best college (the best car) for them. Maybe it would sell better if we called it a “honda education” vs a “ferrari education”

  2. reginald says:

    My father made finding a value college quite easy for me. he said that I had $30,000 to spend for my entire college education. If I had any of the money left over, it was mine to keep. If I spent more, it was my responsibility to pay the difference.

    I chose value so I could graduate debt free. It was a great education in finances I would have never gotten if he had just said, I’ll pay wherever you want to go.

  3. Excellent post Shannon!

    I went to a community school (call it the generic vs. name brand of higher education) for the 1st 2 years, then transferred with an associates degree to a 4 year University and finished the last 2 years there. I saved a bundle doing that!

    I had a teacher in High School who told me, “Why go to a 4 year school at the outset? Both schools cover the same basic requirements in the first 2 years, and they’ve got to have a library, right?”

    His point was well taken.

    And I can’t say how much it annoys me to read articles in Money Magazine stating how important it is to save for a child’s college tuition. It is important, don’t get me wrong, but these stories always imply that every child is entitled to a free ride to a 4 year, brand name University.

    My wife and I are saving for our children’s college tuition, but they will be aware that we’re not cover the complete cost, and they’ll have to do some part time work like their mom and dad. :)

  4. Hilary says:

    If you aren’t saving your money for an education, what are you saving for?

  5. Stevo says:

    Upromise is a great service where you can earn and save money for your 529 College Fund … I linked E-Rewards to Upromise, so I can take surveys online, and the money goes into my 529. I’ve gotten to the point where I can earn a couple hundred bucks a quarter for the fund, all of which doesn’t come out of my pocket.

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