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Affording College Now 
Module One: 
Why Go To College 
Plus Alternatives to College 
From the Author of 
“College Without Ramen Noodles” 
Saunders Learning Group, Newton, KS
Module One 
1. WHY COLLEGE 
2. Cost of College 
3. Saving and Investing for College 
4. Financial Aid 
5. Making College Affordable 
Saunders Learning Group, Newton, KS
Higher Education Pays 
A college degree is an opportunity 
for a lifetime of higher earnings. 
Average annual earnings by highest degree earned. 
Saunders Learning Group, Newton, KS
Need for Advanced Education 
1. 55 million job openings in the economy through 2020. 
2. 35% of job openings will require at least a bachelor’s degree 
3. 30% will require some college or an associate’s degree and 
4. 36 % will not require education beyond high school. 
5. STEM, Healthcare Professions, Healthcare Support, and Community Services 
will be the fastest growing occupations 
6. Individuals with only a high school diploma will have fewer employment options. 
7. The United States will fall short by 5 million workers with postsecondary 
education – at the current production rate – by 2020. 
Source: Georgetown University, Job Growth and Education Requirements through 2020, June 2013 
Saunders Learning Group, Newton, KS
Earnings by Education Level 
Saunders Learning Group, Newton, KS 5
You Will Earn More, and Employed! 
Saunders Learning Group, Newton, KS 
BRIGHT JOB PROSPECTS 
• Jobs for college-education 
Americans has increased 
9/1% since recession 
6 
• A shortage of 5 million 
college-educated workers is 
projected by 2020.
Earnings by College Major 
Saunders Learning Group, Newton, KS
Non-Traditional Ways to 
Earn a Degree 
• Full-time Work and Accelerated 
Degree Programs 
• Returning Degree Programs and Life 
Experience Credits 
• Single Parents and College 
• No parents to Help? College Is Still a 
Possibility 
• Attend Online Classes 
• Work in Public Service 
Saunders Learning Group, Newton, KS 
8
Alternatives to College 
• Go to Trade School 
• Travel the World for a Year 
• Earn Certifications 
• Get Experience as a Volunteer 
• Military Service 
• Start a Business 
Saunders Learning Group, Newton, KS 
9
Start a Business 
Saunders Learning Group, Newton, KS 
Entrepreneurs without a college 
degree: 
• Richard Branson 
• Michael Dell 
• Walt Disney 
• Henry Ford 
• Bill Gates 
• Steve Jobs 
• Milton Hershey 
• Frank Lloyd Wright
Things to think about… 
• Education costs time and money 
• The cost of education is increasing 
over time 
• Consider your spending habits 
• Different methods of financing your 
education have different total costs 
Saunders Learning Group, Newton, KS
Yes, You Can Go To College 
Saunders Learning Group, Newton, KS 
12
Summary of Book 
Saunders Learning Group, Newton, KS 
College Without Ramen Noodles 
A simple plan to Affording College 
By Floyd Saunders 
Available for all eBook readers 
ISBN: 13: 978-0-9824019-2-7 
Book summary: College Without Ramen 
Noodles; A Guide to Affording College. This highly 
readable guide provides college students and their 
parents with dozens of ways to make college a 
reality. In fact, use enough of these tips, and you 
may keep college debt at zero. 
Author Floyd Saunders has spent the last 20 years 
helping his five kids get post-secondary education 
using many of the options highlighted in this book. 
Mr. Saunders even tells you some good reasons why 
you might be better off with an alternative to a 
college degree. Regardless of your circumstances, 
this book offers valuable information as you 
consider going to college
About the Author 
Saunders Learning Group, Newton, KS 
• Floyd Saunders is a writer with an extensive 
background in the financial services industry, 
having worked across the industry in retail, 
commercial, investment banking, insurance, tax 
preparation and financial planning. 
• He has taught personal financial courses for 
Baker University and has taught extensively for 
the American Institute of Banking. He has also 
taught at St. Mary’s College, Lake Tahoe 
Community College and Mt. Diablo College. 
• He is the author of: Figuring Out Wall Street, 
College Without Ramen Noodles, Banking on 
Mutual Funds and Annuities, Introduction to 
Securities Markets, Investing in Securities and 
Family Financial Freedom. 
Author Contact 
email: floyd.saunders@yahoo.com 
Blog: www/floydsaunders.com 
Twitter @floydsaunders 
Sideshare: http://www.slideshare.net/FloydSaunders 
14

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Affording College Module 1 why Go To College

  • 1. Affording College Now Module One: Why Go To College Plus Alternatives to College From the Author of “College Without Ramen Noodles” Saunders Learning Group, Newton, KS
  • 2. Module One 1. WHY COLLEGE 2. Cost of College 3. Saving and Investing for College 4. Financial Aid 5. Making College Affordable Saunders Learning Group, Newton, KS
  • 3. Higher Education Pays A college degree is an opportunity for a lifetime of higher earnings. Average annual earnings by highest degree earned. Saunders Learning Group, Newton, KS
  • 4. Need for Advanced Education 1. 55 million job openings in the economy through 2020. 2. 35% of job openings will require at least a bachelor’s degree 3. 30% will require some college or an associate’s degree and 4. 36 % will not require education beyond high school. 5. STEM, Healthcare Professions, Healthcare Support, and Community Services will be the fastest growing occupations 6. Individuals with only a high school diploma will have fewer employment options. 7. The United States will fall short by 5 million workers with postsecondary education – at the current production rate – by 2020. Source: Georgetown University, Job Growth and Education Requirements through 2020, June 2013 Saunders Learning Group, Newton, KS
  • 5. Earnings by Education Level Saunders Learning Group, Newton, KS 5
  • 6. You Will Earn More, and Employed! Saunders Learning Group, Newton, KS BRIGHT JOB PROSPECTS • Jobs for college-education Americans has increased 9/1% since recession 6 • A shortage of 5 million college-educated workers is projected by 2020.
  • 7. Earnings by College Major Saunders Learning Group, Newton, KS
  • 8. Non-Traditional Ways to Earn a Degree • Full-time Work and Accelerated Degree Programs • Returning Degree Programs and Life Experience Credits • Single Parents and College • No parents to Help? College Is Still a Possibility • Attend Online Classes • Work in Public Service Saunders Learning Group, Newton, KS 8
  • 9. Alternatives to College • Go to Trade School • Travel the World for a Year • Earn Certifications • Get Experience as a Volunteer • Military Service • Start a Business Saunders Learning Group, Newton, KS 9
  • 10. Start a Business Saunders Learning Group, Newton, KS Entrepreneurs without a college degree: • Richard Branson • Michael Dell • Walt Disney • Henry Ford • Bill Gates • Steve Jobs • Milton Hershey • Frank Lloyd Wright
  • 11. Things to think about… • Education costs time and money • The cost of education is increasing over time • Consider your spending habits • Different methods of financing your education have different total costs Saunders Learning Group, Newton, KS
  • 12. Yes, You Can Go To College Saunders Learning Group, Newton, KS 12
  • 13. Summary of Book Saunders Learning Group, Newton, KS College Without Ramen Noodles A simple plan to Affording College By Floyd Saunders Available for all eBook readers ISBN: 13: 978-0-9824019-2-7 Book summary: College Without Ramen Noodles; A Guide to Affording College. This highly readable guide provides college students and their parents with dozens of ways to make college a reality. In fact, use enough of these tips, and you may keep college debt at zero. Author Floyd Saunders has spent the last 20 years helping his five kids get post-secondary education using many of the options highlighted in this book. Mr. Saunders even tells you some good reasons why you might be better off with an alternative to a college degree. Regardless of your circumstances, this book offers valuable information as you consider going to college
  • 14. About the Author Saunders Learning Group, Newton, KS • Floyd Saunders is a writer with an extensive background in the financial services industry, having worked across the industry in retail, commercial, investment banking, insurance, tax preparation and financial planning. • He has taught personal financial courses for Baker University and has taught extensively for the American Institute of Banking. He has also taught at St. Mary’s College, Lake Tahoe Community College and Mt. Diablo College. • He is the author of: Figuring Out Wall Street, College Without Ramen Noodles, Banking on Mutual Funds and Annuities, Introduction to Securities Markets, Investing in Securities and Family Financial Freedom. Author Contact email: floyd.saunders@yahoo.com Blog: www/floydsaunders.com Twitter @floydsaunders Sideshare: http://www.slideshare.net/FloydSaunders 14

Hinweis der Redaktion

  1. Based on 2013 earnings figures from the U.S. Bureau of Labor Statistics a person with a Bachelor’s degree will earn nearly $1 million over a lifetime compared to high school graduates. Earn a doctorate degree and you are likely to earn nearly $2million more. If you attend college, and fail to earn a degree, you are likely to earn only about 12% more than a high school graduate.
  2. There will be 55 million job openings in the economy through 2020: 24 million openings from newly created jobs and 31 million openings due to baby boom retirements. By educational attainment: 35 percent of the job openings will require at least a bachelor’s degree, 30 percent of the job openings will require some college or an associate’s degree and 36 percent of the job openings will not require education beyond high school. STEM, Healthcare Professions, Healthcare Support, and Community Services will be the fastest growing occupations, but also will require high levels of post-secondary education. Most jobs will require some type of post-secondary education, and individuals that only possess a high school diploma will have fewer employment options. Employers will seek cognitive skills such as communication and analytics from job applicants rather than physical skills traditionally associated with manufacturing. The United States will fall short by 5 million workers with postsecondary education – at the current production rate – by 2020. Georgetown University, Job Growth and Education Requirements through 2020, June 2013
  3. On average, the class of 2014 saw starting salaries that were 6.6% higher that the class of 2012 If salaries were continue to rise at this pace, the average newborn would earn $91,000 after graduating from college.
  4. Yes, You Should Go to College You Will Be Healthier More Lucrative Career Options You Will Enjoy Your Career More Access to Jobs With Better Benefits Indirect financial benefits