Browsing Category: "College Savings"
Money Saving Tips for College Students
The beginning of a student’s college years are some of the most anticipated and exciting in a young person’s life, both for the student and the parents. However, financially, they can also be the most burdensome. Students and parents are often at loggerheads over the student’s college spending. For the student, with newly found freedom, there is an urge to charge full tilt into extracurricular activities without a thought to their cost. The parent often wants their child to enjoy their college years, but also wants them to understand that the money doesn’t come easily. Here are some simple money saving tips for college students that will stretch the dollar further and reduce stress between parent and child. Continue reading »
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Weird Scholarships Are Waiting for Your Application
Many college students make the mistake of thinking that they wouldn’t qualify for scholarships because their grades aren’t good enough or they aren’t an athlete or an artist. Well, banish that thought from your mind. Each year there are thousands of scholarships awarded by some very obscure organizations, which are based on very unlikely criteria. Some of these are awarded for the strangest of reasons.
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Why Are Textbooks So Expensive?
The Textbook Market
We all groan over the financial burden of purchasing a semester’s worth of books. But, why are college textbooks so expensive? How is it that one can purchase a book from a bookstore of comparable size and weight for 20 to 30 dollars, yet a college textbook sells for 100 to 150 dollars? Well, the answer has to do with the basic principle of consumer choice, which affects the demand for a product. In a typically efficient consumer market the buyer has a choice about purchasing the product. If the price of the product is too high then nobody buys it. So, the producer of the product lowers the price until people start buying, therefore triggering demand and voila, the market price has just been found. This is called price discovery.
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The Cheapest Textbooks – How to Find Them
It’s that time of year again, the beginning of the school year. For college students, or most likely their parents, finding the cheapest textbooks is a pressing concern. Everyone knows how expensive they are. I don’t think it needs to be stated that college bookstores are definitely the last place to shop, even their used book prices are enormously inflated. The best way to find discounted textbooks is by spending a little time doing some comparison shopping. This has never been easier than in recent years with so many textbook websites popping up.
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