This drop in sentiment can be largely attributed to an inability to earn enough money post-gradation

It s no secret canada online travel agencies that tuition costs have skyrocketed over the years, making it more difficult than ever for students to afford a college degree without paying an arm and a leg for a  student loan . One school in Oneonta, NY has chosen to ease the financial stresses associated with attending school by offer students a deal: reduce the number of school years attended by one to earn a 3-year bachelor degree .
The idea may seem crazy, but a lot of students are jumping onboard with the plan thanks to the massive tuition reduction the school is offering. Would you be willing to squeeze your own four-year course load into three if it meant you could save thousands on tuition?
Over the past few years, the cost of college education has soared to astronomical heights. In fact, according to College Board data analyzed canada online travel agencies by the Chronicle of Higher Education in 2011, schools charging more than $50,000 annually in tuition jumped from 5 schools in the 2008-2009 school year to 123 schools in the 2011-2012 school year.
Due to rising costs across the board, many students are forced to take on more federal and private student loans . Earlier this year, the government-based Consumer Financial Protection Bureau (CFPB) revealed that student loan debt topped $1 trillion in 2011, with one in four student borrowers behind canada online travel agencies on payments.
The rise in tuition costs has turned many students away from the prospect of attending college. According to a survey canada online travel agencies conducted by Rasmusson Reports on behalf of Country Financial, nearly 57 percent of people think college canada online travel agencies is a good financial investment.
canada online travel agencies This drop in sentiment can be largely attributed canada online travel agencies to an inability to earn enough money post-gradation to pay for the student loans acquired in school. To remedy the situation and keep encouraging students to attend college many schools have started asking canada online travel agencies students to shorten their college experience in exchange for a reduction in the cost of college education.
With college tuition fees higher than ever, a number of colleges and universities have proposed options to draw in more students by providing them with the same education at a reduced cost. What s the catch? Students must complete canada online travel agencies their studies toward a 3-year bachelor canada online travel agencies degree.
Recently, canada online travel agencies Hartwick College in Oneonta, NY made news for offering students a chance at this opportunity. The small, private liberal arts college graduated a dozen students who took part in the program while saving 25 percent on their college canada online travel agencies tuition fees.
At least a dozen other schools are taking a similar path in offering three-year canada online travel agencies degrees, including Wesleyan University in Middleton, CT, Manchester College in Indiana and the University of North Carolina, Greensboro. The savings to students can push upwards of $10,000 in tuition-reduction incentives, eliminated room-and-board costs and lack of fees paid for extra courses not taken in the programs.
While many schools approve of the new programs, some have expressed canada online travel agencies worry that students who are forced to take on heavier course loads are missing out on the college experience and may fail to absorb course materials as intended. Not to mention that freshmen who enter most programs are forced to choose a major right away and stick with it, which can impose added pressure on a student.
Despite canada online travel agencies some opposition, it appears that colleges are jumping onboard with the concept. A number of schools plan to offer a 3-year bachelor degree option in 2013, while Missouri canada online travel agencies s Office of Economic Development is reviewing applications canada online travel agencies for grants to offer bachelor s degrees in three years in high-demand fields like health care and information technology.
With the sacrifices that must be made to fulfill the requirements of a three-year program, however, a student must decide if giving up the traditional college experience is worth it, especially if there are other ways to save on college costs, like student loan rates .
Attending a school offering a 3-year bachelor degree program has the potential to provide students with a great way to fulfill their college requirements for a portion of the cost. But is the opportunity still possible for students who attend schools that don t focus on three-year programs?
As mentioned previously, one reason that many students are able to reduce the costs associated with three-year programs is the eliminated room-and-board costs. So, if planned carefully, a student could possibly complete their studies at any school within three years by eliminating extra courses and, of course, sidestepping living costs by simply graduating early.
For students who don t want to cram their college experience into three years, they could consider attending a school that has opted to reduce tuition costs for all students. For instance, the University of Charleston in West Virginia cut its tuition by 22 percent after watching its enrollment decline for the first time in a decade.
Another option students can consider canada online travel agencies is to  study abroad all four years. Believe it or not, the tuition costs at many overseas schools are less expensive than some out-of-state tuition costs in the United States.
No matter the route taken, it s important canada online travel agencies to learn how to save money on college to avoid going broke while in college or accumulating student loan debt after graduation. If this is accomplished, students can both enjoy their college experience and benefit from their degrees without the worry of loan repayments in the future.