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Video on How To Save For College

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How To Save For College
Elisa Cruz
Paying for college can be a real headache. Every year it seems like the college costs keep rising but it can be very hard to find a job that pays enough to keep up with that rising bill. If it seems like the initial price tag is too high for you to further your education, don't fret because there are ways to lower the bill.
If you have been thinking of attending college outside of your state but the college tuition cost seems too high, you might want to think about attending in state instead. Universities generally charge lower tuition to in state students as a reward of sorts for not leaving the state. You should check with the colleges in your state to see what their in state college tuition rates are and how they vary from the out of state rate.
If you are set in the decision to attend college out of your state of residency but still don't know if you can afford their out of state tuition, another option is to move to that state and establish residency before attending college. The guideline is generally that you have to live in the state for one year without attending college to establish residency. However, this may vary from state to state. This just depends on if you feel you have a year to spare to gain residency. It may set your graduation date back a little but you will pay less in college tuition as a result.
If you don't want to wait to establish residency before attending college, another option is to see if that out of state college offers reciprocity to students from your home state. Reciprocity is usually offered by college to surrounding states and usually lowers college tuition to a rate the same as in state or close to it.
Another way to save on college tuition is to attend a two year college to complete all of your general classes. Two year colleges generally offer lower tuition rates. While you usually can't earn a bachelors degree at these colleges, you can usually complete all of the general classes that are required at a four year school. You could than have the credits that you earned at the two year school transferred to the four year school. This would at least save some money for two years on your tuition. You would want to fully research this option before deciding on it though because credits are not always transferable.
If you decide to attend college in your home state because it is too expensive to go out of state, but still want some type of experience elsewhere, you can also apply for a college internship in another state. A college internship in another can still give you an experience else where and can give you an idea if you would want to move there after graduation. A college internship in another state would also be a good alternative because you can get paid for being there rather than paying out of state tuition.
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