How Much Money Community College Students Save, Depending on the State


College is expensive but if you want to cut cost one way to go about it is Community College. Tuition is usually cheaper then it is at a state or private school, and you can always go for a couple of years and transfer later. Your savings will vary depending on where you live, though student loan hero breaks the savings down by state

To come up with their numbers, Student Loan Hero calculated the costs of college credits at schools nationwide, comparing the cost of earning the first 60 credits of a 120-credit degree at a two-year public school vs. four years. On average, they found that the college credits are 60% cheaper at a community college versus a four-year public college. They reported:

Therefore, a student who earns their first 60 credits at a two-year public school before transferring to an in-state college would pay an average of $11,377 less for a four-year degree. And if they pay for those credits with student loans, the cost difference is even greater (an additional $3,573) thanks to the interest they accrue.

Again, results vary by state, but here are the states where students save the most, along with the average savings:

1. New Jersey: $20,993

2. Illinois: $20,707

3. Pennsylvania: $18,653

4. California: $18,403

5. Virginia: $17,706

6. Arizona: $16,698

7. Michigan: $16,231

8. South Carolina: $16,153

9. Vermont: $15,866

10. Delaware: $15,773

Use the interactive map below to see how the savings stack up in your own state, then head to Student Loan Hero’s full post below for more details on the study.

Study: Top 10 States Where Community College Students Save the Most Money | Student Loan Hero



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