Eight Ways to Offset the Cost of College Education

Eight Ways to Offset the Cost of College Education
We all know that getting a higher education is not getting any cheaper; in fact it’s getting more expensive each year. My sons are 8 and 6 respectively. By the time they are of college age it is not unreasonable to see tuition in the hundreds of thousands. There are eight possible ways to offset this cost: First, a well off family member can foot the bill, second, one can win the lottery and dispose some of the winnings to the education of the their children; third, the child can work through college and apply for very low interest loans than will be paid for 6 months after the student has graduated; fourth, he can apply for the among the myriad of scholarships that are out their; fifth, mom and dad can save a few cents per day in some high yield investment product until the student gets into college, encourage and help the child to do very well in school and get scholarships; seventh, enroll in a higher education savings program such as one in New York State; eighth, and not least work from home about 15 hours weekly and bring in about $1000.00 monthly.
This method is useful except I don’t know anyone whom their family members have actually financed their education. It is a benevolent thing to do however it is hard to understand how anyone can finance the education of someone else’s child with the economy being the way it is now.
Winning the lottery is possible, but let’s face it, who do you know that has won the lottery?
The third alternative is one that is chosen mostly out of necessity. Even with two scholarships it was still very difficult to make the tuition at the beginning of the semester. I also had to do work study throughout my college career to have money for transportation and lunch. This took study time away, not to mention the stress involved. I also applied for low interest loans from Chase Manhattan Bank that I had to pay back several for years after graduation.
Moms and dads for the most part live from pay check to pay check. It is very difficult to save money let alone save for a student’s education. Growing up I remember my parents saying they were depending on my getting good grades to get scholarships for tuition.
Some states have programs that are set up like IRA’s. An account is set up for each future higher education student. The funds are withdrawn from your paycheck pre-taxed and saved in some low yield investment account until that child is ready to go to college. At that point the funds are withdrawn tax-free for the purpose of paying tuition. I was unaware of this program until after I graduated from school.
Along with the seventh previous methods of paying for college education, I’ve found it very convenient to work at home and bring in close to $1000.00 monthly working a few hours per week. Reader, I’ve found such an opportunity Profit Lance with the Mike Andrews being the author. This program is not a get rich quick scheme. However it will teach how to create your own “money machine” using the web. Sign up is easy. He also provides a money back guarantee for eight weeks after purchasing the program. You have to make some effort however 80% of the work has already been done. He’s done the research and gathered the websites that will help one reach his goal…saving you a lot of time going sifting through the programs that are hoaxes. You are thought how to make money using affiliate programs. They allow you to make money while you are sleeping, on vacation or simply spending time with family.
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