Education for Money OR Money for Education?

By Anshu Dixit

Every one of us is affected by financial crisis one way or other. The financial crisis is severely affecting our colleges and universities. Education cost has gone up during this economic problem instead to going down. Here we are in the situation where people have stayed unemployed for more than 6 months or more and can afford the things they used to; things are getting expensive day by day. But people do not have enough money to spend. People are looking for alternatives, but is there any alternative for higher education. Right, there is no alternative for education. However, there are some options for the people who cannot afford the cost of higher studies. Such as, some students are either going to public colleges or community colleges or taking online classes. Online degree program is attracting many people who cannot afford going to colleges due to financial and family problem. For example, while taking online classes a person can save the cost of dorm or housing and a student can work as many as hours they want according to their flexibility. On the other hand, colleges are proving the options of loans to pay off the cost, where there is no surety if you would be able to pay off our loan or not. Is education the thing that we need to earn money later by working or we need money to get education now?

Sources:

http://www.cnn.com/video/#/video/bestoftv/2009/06/23/ldt.ferre.learning.online.cnn?iref=videosearch

http://www.docstoc.com/docs/2590739/The-Financial-Crisis-of-American-Higher-Education-and-the-Future-

http://www.nytimes.com/2009/09/05/your-money/paying-for-college/05money.html