Title: Save Big on Gas and Taxes: The Financial Perks of Online Learning
Online learning is more than just the luxury of balancing your life and education from the comfort of your own home. It also comes with some great financial perks. Let me share how it saved me a big chunk of change.
One of the biggest benefits of online schooling that often gets overlooked is how it can save you money. Sure, online tuition might cost the same per credit as regular classes, but there are a bunch of other ways you’ll see some savings!
First, you’ll pocket the cash you’d otherwise spend on transportation. Not everyone can stroll down to their nearby college. Many of us spend on gas or bus fares to get to class, and this can add up. And don’t get me started about parking fees or the wear and tear on your car! So, studying from home eliminates that cost. Check, more money stays with you.
Secondly, for those juggling work, families, or other responsibilities, the flexibility of online classes can translate to more income. If you’re working hourly, you’re not rearranging shifts to accommodate classes which could result in losing pay. As for parents, the need for a babysitter disappears because you’re learning while the kids are sleeping or during their quiet times. That’s more money you get to keep!
When I was studying for my undergraduate and Master’s degrees, I chose online classes which allowed me to work full-time during the summers, pacing my studies around my work. The freedom to learn when convenient was invaluable.
What’s the third saving? Textbooks! The College Board says an average student spends roughly $1,200 a year on books and class supplies. Many online courses ditch pricey textbooks for digital resources, which are often cheaper or even free. Some classes don’t require textbooks at all! Plus, you won’t be paying for any “lab fees” since digital courses don’t need physical labs.
Another bonus is accelerated programs offered online. Having the liberty to take more classes at once ends up saving you big time. It means a faster route to completing your degree and starting a higher-paying career. I could never have graduated with a double major in 3 years or finished my graduate program with three specializations on time without online learning.
Lastly, studying at an accredited university, whether in-person or online, makes you eligible for tax benefits. Online classes basically allow schools to serve more students, ensuring a good influx of tuition money. This makes them less dependent on government funds, helping to keep your tuition and tax bills from rising significantly each year.
While cost should not be the only factor when choosing a degree program, online learning present substantial savings without compromising on the quality of your education. So spreading the word about online education might help someone keep more of their hard-earned money in their pocket!