One of the biggest higher education scandals in recent years was the revelation that the super-rich literally bought their kids’ way into school – sometimes illegally. In an article for The Baltimore Sun, Proven Media Solutions founder Dustin Siggins used this news hook to show how middle-class families can use take advantage of community colleges as a financially sound stepping stone to a four-year program at a more prestigious university.
Dustin broke down the financial and career-building advantages of choosing a more affordable undergraduate program, and said that parents shouldn’t worry about the supposed benefits of “elite” universities – especially in light of the celebrity college admissions scandal. The Ivy League brand and the name recognition of top universities are declining every year, while many smaller institutions continue to provide good education and value.
Dustin also highlighted how Virginia and Maryland college students can save $32,000 in two years of community college instead of going straight to a four-year school. If parents invest just $20,000 of that money into a child’s long-term savings, today’s 18-year old will be a multi-millionaire in their seventies.
Read the full article here.