This document discusses 24 practical ways for students to save money and get their college degree faster. It outlines options like dual enrollment programs which allow high school students to take college classes for free and earn both high school and college credits. Other options discussed are CLEP exams that allow students to test out of introductory college courses, prior learning portfolios where life experiences can earn college credits, and online courses that make it possible to complete some classes faster. The document emphasizes that these alternative paths can help students graduate quicker and with less debt.
2. 1. Answer: D
Median sticker price of tuition, fees, room and board at private institutions in 1974-1975 was $16,475 (in 2014
dollars).1
2. Answer: D
Median sticker price of tuition, fees, room and board at private institutions in 2014-2015 was $42,419.2
3. Answer: C
College costs are increasing at about two times the rate of inflation each year and have averaged between 6-7%
for several decades.3
College Quiz
3. 4. Answer: B
College tuition and fees have surged 1,120% since records began in 1978.4
5. Answer: A
Median sticker price of tuition, fees, room and board at private institutions in 2030 is predicted to be as much
as $130,428 a year.5
6. Answer: B
Scholarships covered, on average, 16% of the total cost of college in 2014 for the typical family.6
College Quiz Cont.
4. 7. Answer: A
Grants covered, on average, 14% of the total cost of college in 2014 for the typical family.7
8. Answer: Harvey Mudd College
The most expensive college in the U.S. is Harvey Mudd College.8
9. Answer: $61,255
This college has an overall price tag (tuition, fees, room and board) of $67,155 for the 2015-2016 school year.9
College Quiz Cont.
5. What do the numbers tell us?
• College is currently expensive
• College is expected to get even more costly
• College is only partially covered by financial aid
Essentially, there is a large gap between the ever increasing cost
of college and the limited amount of financial aid. Therefore,
many students resort to student loans to fill this gap.
College Is…
6. 7 out of 10 students from the class of 2013 graduated
with an average of $28,400 in student loans10
Debt incurs a hefty price–and it comes in the form of
interest
Debt Isn't…
…your
only option
7. Federal student loan: With a 5% interest rate and a 10 year loan term, you
will accrue $7,746.99 in interest on a $28,400 loan
$28,400 + $7,746.99 = $36,146.99 (monthly loan payment of $301.23)
Private student loan: With a 10% interest rate and a 10 year loan term, you
will accrue $16,636.81 in interest on a $28,400 loan
$28,400 + $16,636.81 = $45,036.81 (monthly loan payment of $375.31)
Debt Isn't…
…your
only option
8. The Better Way
Graduate From College Quicker
At age 20, I graduated summa cum laude with a bachelor of arts in business administration. By
only attending college for two years, I saved nearly $60,000 and left school debt-free!
9. College, Quicker introduces 24 different strategies called fast-track
opportunities
Many of these fast-track opportunities help students earn credits much faster
and much cheaper
By completing one or more of them, you too can earn your diploma sooner
than the standard four years
Your Path to an Early Graduation
10. Designed for high school juniors and seniors
Up to two year program which allows a high school student to take actual
college classes and earn both high school and college credit for them
Courses are taught by college professors at two-year community colleges and
traditional four-year colleges and universities
Tuition is entirely free (only pay for books and fees)
Students can earn up to 60 semester credits (90 quarter credits)
Dual Enrollment
…your
only option
11. Bottom Line
You can potentially graduate 12th grade with a high school
diploma and an associate's degree--and all for around a few
hundred dollars
12. Designed for college students, particularly freshmen and sophomores
90- to 120-minute Internet-based exams which measure a student's knowledge on
one of over 30 college-level subject areas, and recommend college credit if he or she
reaches the minimum score
Exams are offered at over 1,800 testing centers across the U.S. and abroad
$80 plus a small administration fee of around $10 to $20
Students can earn between 3 and 12 credits per exam
CLEP Exams
13. Bottom Line
You can potentially test out of a year or more of school--and all for
around $1000
14. Designed for adult learners, particularly those with at least 5 to 10 years of life
experience after high school
Roughly 10- to 20-page typewritten document which details a student's college-level
learning gained through his or her work, volunteer, military, and travel experiences
Portfolio(s) is written and organized outside of classes (portfolio development course
is completed on campus)
Possibly course tuition and other fees, including but not limited to an evaluation fee
and a fee per awarded credit
Students commonly receive between 12 and 18 credits for one or more portfolios
Prior Learning Portfolio
15. Bottom Line
You can potentially receive a semester or more of credit for your
prior learning--and all for around a few thousand dollars
