Returning to School–Cost vs Benefts

Returning to School Cost vs BeneftsIf you’re an adult considering going back to school to receive an associate’s degree, bachelor’s degree, master’s degree or certificate, you may be conflicted about whether the benefit of pursuing a degree is worth the cost. When we refer to cost here, we are not only including the actual monetary cost of returning to school but other costs such as time away from your family and/or career.

Let’s assume the monetary cost of going back to school as an adult learner is not your main concern. Maybe you have been out of school for several years now, are established in your career and have raised or are currently raising children.  You now have to decide if the benefit of going back to school to pursue a degree (or a second degree) is worth what you may have to sacrifice to complete your coursework. Though Colorado Christian University’s College of Adult & Graduate Studies offers many online degrees for adult students, whether you attend classes on campus or do all of your work online from home, the commitment you have to make to earn a degree in higher education is a serious one.

Getting a college degree does not ensure you will get a job or even that you will be promoted in your current job. Simply put, higher education offers no guarantees. Going back to school is a significant investment of time and money and can leave you with student loans if you are unable to pay for your education. Online degrees are less expensive than many degrees, but they are not inexpensive. The financial aid office at Colorado Christian University is happy to help adult students find financial aid in the form of grants and loans. Some employers are even willing to assist with tuition, but usually you must promise to work at your company for a certain number of years following the completion of your degree.

Let’s consider some of the benefits of going back to school to earn an advanced degree. By getting an advanced degree, you can better your chances of landing a higher-paying job when you graduate. While you will still have to look for a job in what is considered to be a terrible job market, there are fewer candidates applying for the higher-paying jobs that require advanced education, so your chances of finding a job are better than if you were looking for a lower-paying job in these tough economic times.

Life demands different things of us at different stages in our lives. Consider these questions as you weight the costs vs. the benefits of going back to school:

  • Is this a good time for you to go back to school?
  • Do you have the time you’ll need to go to class, read, and study?
  • Do you know how to manage stress and multitask?
  • Will you still have time to work, to enjoy your family, to live your life?

If you would like to speak to a CCU faculty or staff member about adult students returning to school, please don’t hesitate to contact the CCU adult degree admissions office today.