Understand Your Finances
What every college student should know about money
You don't need an accounting degree to know that college costs are going up. According to research by J.P. Morgan Asset Management and the College Board, higher education costs will continue to rise 5 percent per year, and more than double by 2033.
But careful planning and research can bring a college education within reach. At JPMorgan Chase, we aim to give families the tools you need to pay for education, and plan for a prosperous future. All college students need to know about budgeting, and credit health. Look below to see some of our top tips on what college students need to know about money. Keep checking back for new stories.
Before your student goes off to campus, it's helpful to clear the air about finances. Make sure you both know who is going to pay for what, how they'll need to budget, and the basics of how they'll keep their finances in order. Here's a list of some of the most important topics—and how to open the conversation.
Between classes and books, moving in and moving on, most college students aren't thinking about their credit rating. But when it comes to life after college—and even to finding that first off-campus apartment—building credit is a vital and valuable way to start them off on adulthood. Here are some of the most important ways they can start to build their credit rating.
Paying for college is a daunting challenge, but there are ways to make it easier. Here's a rundown of the options to plan and save.
As college costs rise, students and families consider alternatives
As college costs rise, many families are changing the way they save—and pay—for higher education. If you're looking for a way to make college affordable, check out these ideas.
Career and technical education programs—once called "vocational education"—could be a fast track to a high-paying, high-demand job. Here are some tips on how to make CTE work for you—and your future.
Almost a third of college students have taken advantage of the ease and flexibility of online classes. Check out our tips on what to look for in an online class—and how to get the most out of it.
With lower costs, outstanding academics, and the opportunity for cultural exploration, colleges in other countries are a promising alternative to increasingly expensive American schools. Here's how to pay for—and make the most of—an overseas education.
College savings challenge: Parents, friends, and grandparents pitch in
More and more families are discovering that it doesn't just take a village to raise a child—it can also take a village to make college affordable. A look at how to use your circle of friends and family members to make your college dreams a reality.
When you need to make a tuition payment in a hurry, it's tempting to whip out your credit card. Before you do, take a look at our list of the pitfalls—and potential benefits—of using plastic to help pay for a diploma.
The average college student spends $600 per year on textbooks, but careful research and savvy spending can slash that bill. Here are our six tips for getting your books without breaking the bank.
Taking a year off between high school and college can be a great springboard for your college education. Here's how to create a gap year that leaves you with valuable experiences—and money in the bank.
Long after graduation, many young adults struggle to handle their finances. Check out our list of ways to get your finances under control, and your adult life underway.
30 percent of young adults cite paying off student loans as their biggest financial challenge. Here are some tips to master your debts.
One of college's most important lessons of occurs outside the classroom, where students learn to budget for books and rent, food and bills. As you're starting on the path to financial adulthood, here are a few ideas to help you save along the way!
Bruce Watson is a Chase News contributor. His work has appeared in The New York Times and the Guardian, among other media outlets.