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Monday, February 9, 2009

What To Consider Before You Go To School Online

By Michael Fleischner

If you are like most adults who never finished college or wish to change jobs, you may be thinking about getting a degree online. Today, online education is the norm as traditional schools offer more and more programs online as proprietary schools have done for nearly a decade.

When considering an online degree for purposes of degree completion or enriching your education, there are a number of factors you should evaluate. You should begin with a clear understanding of what you wish to accomplish through online learning. The objective for many individuals is to acquire the necessary skills to be able to secure a job in a particular industry.

Consider the kind of education you need to easily find a job upon graduation. Start by speaking with counselors at both traditional universities and online schools. These counselors can help you understand what types of options are available and what you can expect after graduation. Learn the difference between schools, programs, and the types of outcomes you can expect.

With a slowing economy and few jobs, selecting the right degree can mean the difference between success and failure. Before choosing an online school or program, think about the industries that are doing well even in trying times. You obviously want to align your education with those industries that are creating jobs not eliminating them.

As you get closer to selecting the type of online program that will meet your needs, you must consider whether you can complete such a program. Some good questions to ask yourself include whether or not you have the discipline needed to meet the program requirements. Also, can you succeed without being in a physical classroom? Are you okay interacting online. Some people are uncomfortable navigating forums, websites, and so on. But this should not be an obstacle.

After you have reviewed the requirements associated with completing specific classes, take a look at the overall package. How many credits do you need to get your certificate or degree? What are the costs involved both short and long term in order to complete your degree? What is the average salary for someone in the field you are targeting? In short, will your investment pay dividends?

There are many ways to fund your online education. With the help of government programs, schools aid, and private loans, the options are many. Work with your school counselors to determine the most economical way to pay for your online education. Accredited schools and colleges have access to government funding programs that charge a low rate and make school affordable.

Once you graduate, you will have many options for paying off your financial obligations. The key is to make sure you find a job quickly and this will only happen if you have planned accordingly. Individuals who graduate with a degree that is in demand get place more quickly than those with less desirable degrees.

Upon graduation, consider your options to consolidate outstanding loans. Even though you may have to take a number of loans from different sources to pay for your online education, loan consolidation can simplify the repayment process and lower your monthly payment.

Before you begin your online school or program, inquire about repayment options associated with each funding source. Lastly, be sure to ask if student loan consolidation is possible given multiple financial providers.

Getting your degree online is a wonderful option given our current economic climate. But before jumping right in without any preparation or thought ask a lot of questions and contemplate whether or not an online education is right for you. Most importantly, consider how you are going to pay for it.

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