College Alternatives

February 23, 2022 by First Federal Bank

College-1While college can be an excellent prospect for many students, it’s far from the only path to success. Whether you’re looking to save money, fit classes into your busy schedule, or simply pursue a different type of career, these college alternatives could be the perfect opportunity for your lifestyle. Here’s an overview of what these four alternatives to the traditional college path have to offer:

Apprenticeship

If you’re someone who learns by doing, an apprenticeship may be right for you. According to Forbes senior contributor Robert Farrington, hands-on professions like welding, plumbing, electrical work, and masonry offer good wages and exceptional job security. While it’s definitely tough work, if you enjoy a challenge and an active lifestyle instead of textbooks and writing papers, this might be the right pick for you. And unlike community college or online school, you can earn income from your apprenticeship.

Community college

Looking to save money while expanding your horizons? Community colleges offer more than low tuition rates — they also have small class sizes, flexible scheduling options, and specialized certificate programs. Typically, you’ll follow one of two paths: preparation to transfer to a four-year institution, or career training. If you’re looking to join the workforce immediately after earning your degree or certificate, you’ll pursue career training. However, if you’re looking to transfer to a four-year university, NerdWallet contributors Teddy Nykiel and Anna Helhoski suggest communicating your goals with your advisor so you can take the classes that will transfer to your future school.

Online school

Between work and family obligations, it can be tough to find the time to further your education. Luckily, online schools can be a good fit for learners with busy schedules. Depending on the program you pursue, you could earn a certificate, an associate degree, a bachelor’s degree, or even a master’s degree. That said, NerdWallet advises you do some research before you sign up for classes. Make sure the institution is accredited, classes are reasonably priced, and there is a solid history of helping its students succeed after graduation.

Trade school

At a trade school, you can gain the knowledge you need to fill a job that will stay relevant in any economy — such as cosmetology, construction, and mechanic work. Trade schools aren’t just for plumbers, builders, and other blue-collar occupations. According to the editorial team at Indeed, many of these private schools offer practical careers in other high-demand fields, such as positions in the medical industry. Ultrasound technicians, dental hygienists, and radiation therapists all start out with trade school certificates, which take a year or two to earn. Just be sure to research any institution’s prices, track record, and accreditation before you sign up.

Trying to decide which path is right for you? Consider your budget, your time constraints, and the kind of career that would suit your lifestyle, skills, and personality. For more guidance, try consulting with the academic advisors at schools that pique your interest, or go online to get a sneak peek at what different learning institutions and career paths seem right for you. 

Categories: Financial Education, Family

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