WILL CAREER COLLEGE SAVE ME MONEY?

What type of career college program are you considering?

START YOUR CAREER SOONER

By earning your associate degree from a career college, you can start your real career at least two years earlier than you would attending a traditional four-year college or university.

START YOUR CAREER SOONER

Many careers don’t require a college degree. At a career college you can earn the diploma you need to start your career in as few as 9-12 months, compared to the four-year commitment of a traditional university.

UNDERGRADUATE COST TRENDS

Tuition and fees are rapidly growing, except at private for-profit schools:

Tuition, room, and board change from 2002 - 20131

Public institutions

increased by 39%

Private non-profit colleges & universities

increased by 27%

Private for-profit (most career colleges)

decreased 7%

Tuition, room, and board change from 2002 - 20131

Public institutions

increased by 39%

Private non-profit colleges & universities

increased by 27%

Private for-profit (most career colleges)

decreased 7%

FOUR-YEAR UNIVERSITY TUTION REPORT & GRADUATION RATE

The average yearly tution and fees for a four-year in-state public college is $9,139.2

+

+

Only 59% of full-time undergraduate students finished their four-year degree by the time six years had passed

(based on students who started in 2007)3

Save tens of thousands of dollars

By pursuing the education you need from a career college, you can save tens of thousands of dollars in tuition costs and start earning money from your real career in two years or less instead of six years or more.

WHY YOU STILL NEED SOME HIGHER EDUCATION

Earning of professionals 25+ years old vs. high school graduates:

11% more

W I T H   S O M E   C O L L E G E 4

19% more

W I T H   A S S O C I A T E   D E G R E E S 4

WHY YOU STILL NEED SOME HIGHER EDUCATION

Earning of professionals 25+ years old vs. high school graduates:

11% more earnings

W I T H   S O M E   C O L L E G E 4

19% more earnings

W I T H   A S S O C I A T E   D E G R E E S 4

WHY YOU'LL SAVE MONEY GOING TO CAREER COLLEGE

Diploma

$10,900

Average Tuition 

$34,880

Median Entry-Level Salary

Associate Degree

$23,200

Average Tuition

$49,470

Median Entry-Level Salary

Bachelor's Degree

$36,556

Average Cost

$69,260

Median Entry-Level Salary 5

In 6 years, you can earn $72,636 more with an associate degree based on average tution, years in school versus years in the workplace, and median entry-level salary. Check out the breakdown over 6 years:

Earnings(Years on the Job) - Cost of Education =

$163,500

$174,600

$101,964

Diploma

Associate Degree

Bachelor's Degree

Still wondering if a career college is the right investment for your future? Talk with an OBC admission advisor to get a personalized tuition estimate, including financial aid.

Sources

1 National Center for Educational Statistics  https://nces.ed.gov/fastfacts/display.asp?id=76

 

2 Big Future by The College Board https://bigfuture.collegeboard.org/pay-for-college/college-costs/college-costs-faqs

 

3 National Center for Education Statistics | Fast Facts   https://nces.ed.gov/fastfacts/display.asp?id=40

 

4 Bureau of Labor Statistics | Employment Projections  http://www.bls.gov/emp/ep_chart_001.htm

 

5 Bureau of Labor Statistics | Education Summary  http://www.bls.gov/emp/ep_table_education_summary.htm