Cheapest Way to Get a Four Year Degree

According to the College Board, nearly half of all college students in 2010 attend a four-year college that costs less than $9,000 a year for tuition and fees; The cost for two-year colleges averages $2,713 a year. If you think ahead of time and plan your degree accordingly, you do not have to rack up as much debt as you think to finish college. You can get a four-year college degree without taking out thousands of dollars in loans.

Instructions

    • 1

      Go to a school that is in the state you reside. For most state schools, tuition for in-state residents is cheaper than it is for out-of-state students. According to The College Board, the cost of a four-year school in state averages $7,605, while four-year universities charge an average of $11,990 in tuition and fees for nonresidents. If you have your heart set on a school, consider moving to the state and living there and working for a length of time until you earn residency status. You will save yourself thousands of dollars by the time your education is complete.

    • 2

      Go to a two-year college and transfer to a four-year university to save on costs. Assuming you attend a college as a resident, four years of tuition and fees costs $30,420. If you attend a community college and transfer, you will spend $20,636, an average savings of $9,784.

    • 3

      Attend a public university instead of a private school. The average cost of a private four-year university is $27,293 while a public university is $7,605. Even if you are an out of state student, you save money attending a public school. Your degree is still a degree as long as it comes from an accredited university.

    • 4

      Apply for scholarships, grants and federal loans. Scholarships exist based on merit, athletic ability or organizations you're involved in. Grants and loans are given on an as-needed basis according to your financial status. Federal loans have lower interest rates than those from private lenders.

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