Originally posted at Christian Post June 3, 2016.
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My husband and I are more concerned everyday about how we are going to help our children get through college without burying themselves in debt. It’s starting to be similar to the costs of buying a house! What can we do to help our kids graduate with as little debt as possible?
I share your concern! Forbes reports that the projected costs of a 4-year degree from an elite college can run as high as $334,000 … and that’s assuming the kids make it out in 4 years! Strategies exist for cutting those costs if you really work at it. Not long ago, my wife and I proudly watched one of our sons graduate from the University of Georgia – debt free. I’m not saying it’s easy, but it is possible.
As I wrote in this column last week, before you make an investment in a college education, take some steps to be sure that you are in a field of study that is suited to your unique and God-given design. Too many students increase the costs of their educations by switching their majors and adding years to their schooling. Borderzine.com reports, "About 80 percent of students in the United States end up changing their major at least once, according to the National Center for Education Statistics. On average, college students change their major at least three times over the course of their college career."
Time is money, when it comes to a degree. And time spent effectively in the high school years, can save thousands of dollars in college tuition fees.