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Creative Ways to Finance Your Degree

Tuition fees rise all the time, causing many prospective students to wonder if a degree is really worth it. After all, many students get into huge debt while they study, only to be left competing with hundreds of other graduates for the same jobs and asking themselves “what was the point?”. However, a degree can, certainly, be a more than worthwhile investment. You couldn’t work in the healthcare sector without a degree such as an online MHA degree and you couldn’t become a lawyer without passing the bar. Even in sectors where you don’t necessarily need to be a graduate, it can help you to gain a higher paid job much sooner, paying itself off in the process.

The best way to avoid huge debts and ensure your degree is worth is to find ways to pay for it that don’t include taking out huge loans. Here are some you may not have considered.

Blog

You can make some extra money from blogging. Your student experiences give you a fantastic place to start, but you’ll do even better if you could find a more specific niche, for example, managing on a student budget, or student mental health.

Clinical Studies

Entering yourself into clinical studies can be a brilliant way to earn a lot of cash without too much effort. Ask at your universities medical school or psychology department, or check out clinicaltrials.gov to find the best opportunities. Just make sure you do your research before signing up to anything.

Get a Job

One of the best ways to avoid debt and pay your tuition fees is by earning money and the best way to do that is getting a job. Part-time work can be relatively easy to find and some of the best options for students include bar work, working in a cinema or museum, retail work, or working at your school. Just make sure you don’t work so much that you neglect your studies.

Make Money Online

If you are worried about committing to a job while you study, you could make some extra cash online instead. Some of the best ways to make money online include:

  • Reviewing music or websites
  • Taking surveys or testing products
  • Answering questions
  • Testing websites
  • Matched betting
  • Advertising on social media

There are loads of ways to make money online and the more you try, the more you will make.

Search for Scholarships

Many students incorrectly assume that scholarships are only available for sports stars or those with great grades. But that isn’t the case at all. Scholarships are available for a huge variety of reasons. You could even get a scholarship for promoting vegetarianism. Look online and apply for any you think you could win.

Study Online

Online courses such as an online masters in health administration give you a great chance to study around work commitments, thus enabling you to earn more money. It’s also worth noting that online courses are often cheaper, have a greater range of payment options, and you are still entitled to financial aid if you need it.

College is an incredibly exciting and rewarding time. Don’t be put off by the costs involved; just do your best to graduate with as little debt as possible.

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