>> A mission while success.
♪
>> Well, it is hard to believe
students already heading back to class, but the financial
to class, but the financial
struggle can be very real for
students and parents with
tuition rising more than the
rate of inflation.
>> Fortunately, there are some
clever, creative ways to can save money for those college
save money for those college
expenses and cut those costs.
Joining us with some ideas is
any winning consumer advocate. Elisabeth Leamy, thanks for
Elisabeth Leamy, thanks for
joining us. Great to see you.
My pleasure. Thanks for having
me. So let’s start with the
big one here to ishan. What
are some ways that parents and students can save on the cost
students can save on the cost
of college itself.
>> OK, well, first of all, a
lot of people don’t realize you can apply for scholarships all
can apply for scholarships all
4 years of college. So be on
the lookout for those
opportunities, especially for
upperclassman. And if that
doesn’t quite get sure they’re
keep in mind. Many schools are competing for students right
competing for students right
now and may well be willing to
negotiate their tuition to keep
your student at their school.
And then it’s summer credits
also cost less and tuition during the regular school year.
during the regular school year.
And if that helps your student
graduated early, well, there’s
the ultimate saved us.
>> And that’s right. My parents liked you better get going
liked you better get going
lady, keep it movin out.
We do know college costs
include those big think course
books. They can be pricey. What’s your suggestion to save
What’s your suggestion to save
on textbooks?
>> Well, maybe don’t buy but
subscribe instead to digital
textbooks from Pearson. Plus available on the app Store,
available on the app Store,
right? Your stool store.
So instead of spending say 300
bucks a semester on old school
textbooks, you can instead spent $10 for a single a
spent $10 for a single a
textbook or 15 for the entire
catalog of them. And these are
not just old school, pdf civil
books. They are in turn active,
engaging electronic books that allows students to highlight
allows students to highlight
key passages. Create flash
cards was sent to the books
as audiobooks once they come
with fund discounts like on spring break trips and dorm
spring break trips and dorm
decor from Dorma fine. But my
favorite feature by far
included in the subscription
thousands of videos that
compliment the lessons in the textbooks. Absolutely key for
textbooks. Absolutely key for
visual learners like my own
daughter will be going to
college soon. And really the
reason I partnered with Pearson
to get the word out.
>> Yeah. Those videos are so helpful. They can be such a
helpful. They can be such a
great tool. So how about some
ways that students can make
money for all their college
expenses? >> Well, first of all, we’re
>> Well, first of all, we’re
having a labor shortage.
So many a record number of
companies are offering tuition
reimbursement as unemployment
benefit. Look for that. There’s also co-operative education
also co-operative education
where students work full time
while in college and can earn
as much as $50,000 a year
that’ll pay for some college expenses and then also be on
expenses and then also be on
the lookout for fun on campus
jobs. That to my surprise,
also pay laying in the pep band
writing for the student paper. Things like that actually
Things like that actually
sometimes important to
remember, right? It all adds
up.
>> We know college is not all
work and no play. So give us
some tips to save on those
extracurriculars.
>> Well, get creative volunteer
as an usher to get into
concerts for free. Many credit
card rewards programs offer all
sorts of free events. The
college students can attend
and you can even get paid to
attend movie premieres by doing
what are called in theater
checks for a legitimate mystery shopping company.
shopping company.
>> OK, so you’ve given us some
great ways that students can
save. How about ways that
parents can cut the cost to
college.
>> Yeah, absolutely. So parents should be on the lookout for
should be on the lookout for
federal tax credits that can
be as much as $2500 a year that
are meant to help pay for college. Another thing look out
college. Another thing look out
for Reed and and campus health
plans that often duplicate your
own coverage and sometimes part
is good a deal. And if your
student won’t be driving the
family car while they’re away at college, you can adjust your
at college, you can adjust your
coverage and save on car
insurance.
>> And you know, you mentioned
earlier you can possibly negotiate your tuition. Have
negotiate your tuition. Have
you suggest going about that?
>> Well, the key is to know
what the situation is at that
college. So do some research. Thank you for the Internet.
Thank you for the Internet.
And also if your student is a
particularly strong Stewart
or has a special talent that
the college really wants.
Keep in mind, those strikes
when you go to the bargaining
table. >> Yeah. Doing that. Research
>> Yeah. Doing that. Research
is Elizabeth, before we let
you go, where can people go for
more information?
>> Absolutely. More tips at
Pearson plus dot com.
>> All right, Kate Emmy
Award-winning consumer advocate