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Online Degrees Save You Money

By Michelle Conner

Everyone has heard that continuing one’s education is a surefire method of staying ahead of this recession. The higher one’s degree, the more one earns. Also, those with a distance learning degrees or certificate are less likely to be laid off than those without. Still, when the cost of tuition rises faster than the rate of inflation, it’s cause to pause.

This means that today’s student has to be as careful and vigilant as a person buying a house or car. One doesn’t jump into the latter two without doing research. Education should be no different. Also, one shouldn’t just rely on the government and others to provide financial handouts for your online university degree. There are ways one can take a chunk of the cost out of the equation. For instance:

Online And Local Colleges Generally Cost Less – The latest research has proven that online schools charge 40% less on tuition than their landlocked alternatives. Going online can also mean holding down a job, not having to commute and other savings. Schools based in the same state you reside in cost considerably less than out-of-state universities, too.

If You Already Took The Class, Get Credit For It – Those who went and dropped out of college in particular should look into this. Most schools will give credit for previously taken classes. If there’s a challenge as to how much you learned, tests such as CLEP, DANTES or Challenge should settle it. You paid for these classes once. Why pay for them again?

See If The College Has A Referral Program – There’s nothing any business likes better than referrals from a satisfied customer. Colleges are businesses, too. If you have a friend who’s also going back to school, see if the college will take several hundred dollars off your tuition for the referral. Just go to that school first.

Text Books – Text books cost a lot and don’t change much from year to year. Second hand books one to two years old should be every bit as good as brand spanking new ones, and cost anywhere from 20-40% less. Also, you should shop at eBay or Amazon for deals. Finally, some online schools include text books as part of their tuition.

Work Training Classes Can Also Count As Classes – There are times when one can turn military experience or work internships into credit hours. If you are taking classes to advance inside the company you work for, you should look into this. At worst, there’s a test called ACE. Pass the ACE in your specialty, and a good school will acknowledge it with a pass in that class.

While no student in his or her right mind shouldn’t also be on the hunt for scholarships, grants and other forms of financial aid for online degree, this economy demands that one should attack getting a degree from both angles. Cutting costs can mean as much as a grant, and in this economy every penny counts. Keep that in mind at you explore your options for online college.

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Article Citation
MLA Style Citation:
Conner, Michelle "Online Degrees Save You Money." Online Degrees Save You Money. 24 Jun. 2010. 26 Dec 2014 <>.

APA Style Citation:
Conner, M (2010, June 24). Online Degrees Save You Money. Retrieved December 26, 2014, from

Chicago Style Citation:
Conner, Michelle "Online Degrees Save You Money"

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