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Mom Confessions Mom Confessions

I confess! School tuition is stupidly high!

Anonymous
Posted by Anonymous
  • 8 Replies

I am in an online school getting a BBA in accounting. I'm paying for convenience, I think. The school is amazing, the resources for research are practically endless, someone from every department is available 24/7 either by phone or instant message, the school is accredited, and I am in an accelerated program and set to graduate march 2014. When I first started, my husband thought he was going to be in the military until retirement so he transferred his GI Bill benefits to me, which is why I picked this school and the accelerated program. Well the time has passed, he has decided to get out of the military, and we agreed I would transfer the benefits back because his schooling will be more expensive when he gets out. No problem there, no hard feelings, we're in this together.

This school is going to cost me $40,000 for the remainder of the program! And that is WITH the pell grant paid toward tuition, which is a help of $5,550 each academic year! This is a nice school but I don't know if I can take on that much debt, I don't think my first accounting job will even pay that much in a year! I set out (late) to get a college education so I could be proud of myself for such an accomplishment but good grief! I have sent an email to my advisor saying, look buddy, this school is nice but too expensive. Give me suggestions or I'm taking my ball and going home. (Maybe not those exact words).

At this point, it would make more sense to get an Associate degree at a community college, get a job, and hope they offer tuition assistance so I can further my degree at that point. Or, option B, get the Associate at a community college, get a job, and leave it at that.

I have seen people who start on the lowest rung of the ladder in the retail industry and make it to Manager in less than 5 years. I have half a mind to just do that! I want to provide for my family, not screw myself out of $40,000 that could be going toward my son and comfortable living conditions for me and my family!!!!!!!!!!! The estimated monthly payment is almost $600! That's almost 10 times what I pay for my motorcycle payment. Good grief.

If you made it this far you have a lot of patience!

Posted by Anonymous on Apr. 3, 2012 at 7:27 AM
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Replies (1-8):
owl0210
by Emerald Member on Apr. 3, 2012 at 7:58 AM
What is a BBA? An accounting degree is a B.S. I thought.? Anyways, it sounds like a huge waste of money to spend on an online school.
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Anonymous
by Anonymous 1 - Original Poster on Apr. 3, 2012 at 10:42 AM

bachelors in business adminstration. the specialization is accounting.

and yes I agree.

Quoting owl0210:

What is a BBA? An accounting degree is a B.S. I thought.? Anyways, it sounds like a huge waste of money to spend on an online school.


AngieDawn28
by Bronze Member on Apr. 3, 2012 at 10:46 AM

what school are you going to? i'm currently working on my bachelors of science with a focus in psychology- i'll be done in about 3.5 years- i also go online through a local college-each semester usually runs about 3,000-that includes that cost of my books and supplies.

40 grand is a lot for a degree-do some research and maybe switch schools?! You should be able to get a degree for less than that!

.betty.white.
by Platinum Member on Apr. 3, 2012 at 10:49 AM

I pay out of pocket and its about $7000 a semester.  Ouch.  I finally have to substitute with student loans cause it sucks my savings dry!  Its freaking insane.  I'll be in state next year, I cant freaking wait.

Anonymous
by Anonymous 1 - Original Poster on Apr. 3, 2012 at 10:55 AM

now that I am paying out of pocket I am definitely going to switch. the school is amazing, their resources are awesome, the professors are really fast and I have been doing really well. I think most of the cost is for that reason and also the accelerated part of it, I would be paying for convenience.

Also all textbooks, supplies and software is included. They sent me a cd with windows office professional, and they have computer tech support, etc etc etc

but yeah I have to cut my losses while I'm ahead and switch to get an AA or AS instead. This is bananas.

Quoting AngieDawn28:

what school are you going to? i'm currently working on my bachelors of science with a focus in psychology- i'll be done in about 3.5 years- i also go online through a local college-each semester usually runs about 3,000-that includes that cost of my books and supplies.

40 grand is a lot for a degree-do some research and maybe switch schools?! You should be able to get a degree for less than that!


Anonymous
by Anonymous 2 on Apr. 3, 2012 at 10:56 AM
My online school is $4,000 for 6 months but I will only get a certificate, no degree yet :(
Anonymous
by Anonymous 1 - Original Poster on Apr. 3, 2012 at 10:57 AM

Its a start! Good luck with your certificate :)

Quoting Anonymous:

My online school is $4,000 for 6 months but I will only get a certificate, no degree yet :(


arielsmomma1020
by on Apr. 3, 2012 at 11:02 AM

online schools are astronomically high!

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