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Money Skills for Real Life:
Your Education Your Money Your Planner
 

Finishing High School
The College Payoff
How Much Education
Do I Need?
Obstacles:
This College Thing ...
Is it the Right Thing?
College Costs
Ways to Finance
Your Education
How Much Education Do I Need?

Deciding What Degree to Pursue:
Two-Year, Four-Year, and Post-Master's degrees


Some jobs require a two-year associate’s degree. Two-year colleges are usually less expensive and easier to get into than some four-year colleges.

Other jobs require a four-year bachelor’s degree. Four-year colleges or universities cost more, but usually offer advanced courses and specific academic programs in a more challenging environment than a two-year college.

Other jobs require graduate degrees, which means an additional two to six years of specialized course work after you receive a four-year degree.

What is the difference between a college and university?

A college offers academic courses to high school graduates for completing a two- or four-year degree (associate’s or bachelor’s degree). These courses are called undergraduate level courses, or coursework for students who have not yet earned a bachelor’s degree.

A university offers academic courses to high school graduates for completing four-year bachelor’s degrees (undergraduate degrees) and graduate degrees, which require from two to six years of additional course work.

You can always start at a two-year school then transfer to a four-year college or university. If you think you might do that, be sure to ask if the courses you select at the two-year college can be transferred to a four-year college or university.

What is the difference between a public university and private university?

A public university is financially supported by state funds, which are essentially made up of taxes the public pays. Public, or state, universities require students to pay tuition, but usually not as much as a private university requires.

A private university is financially supported by student tuition and alumni donations. It does not receive government funding and is usually more expensive than a public institution.


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