My Money Monday - Is college worth the money?

We take a look at the numbers.

Posted: Oct 8, 2018 2:20 PM
Updated: Nov 19, 2019 9:42 AM

Brooks Boie from Rochester MN asked the financial experts at First Alliance Credit Union, “Is college always worth the upfront financial investment? If not, when is it not worth it?”

Robin Fries, Organizational Development Trainer at First Alliance Credit Union, offered this helpful advice to this great question:

  • Scholarships and grant will bring down the upfront cost of college
  • Look at the average salaries for graduates in the degree field from the colleges your considering
  • Only borrow the money you need to cover tuition, don’t take the extra funds that are offered to you
  • Do your research up front to find out what grants and scholarships are available to you

Learn more about making college affordable: https://www.firstalliancecu.com/blog/saving-and-paying-for-college

Article Comments

Mason City
Clear
28° wxIcon
Hi: 39° Lo: 23°
Feels Like: 19°
Albert Lea
Clear
25° wxIcon
Hi: 37° Lo: 24°
Feels Like: 18°
Austin
Clear
25° wxIcon
Hi: 38° Lo: 23°
Feels Like: 18°
Charles City
Clear
19° wxIcon
Hi: 38° Lo: 20°
Feels Like: 9°
Rochester
Clear
22° wxIcon
Hi: 35° Lo: 23°
Feels Like: 16°
Mild weekend ahead
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Sports Overtime highlights part two

Image

Hayfield High School Donkey Basketball

Image

Sports Overtime highlights part one

Image

Chris' PM Weather Forecast 2/21

Image

Finkenauer town hall

Image

Vets need your help with transportation

Image

Youth talk tough topics

Image

Coronavirus Local Business Impact

Image

Beyond the Badge program

Image

Chris' PM Weather Forecast 2/21

Community Events