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Most Expensive Degrees and Why You Need a Scholarship

Going to college is a turning point in everyone’s life. However, it’s also one of the biggest investments you can make not only in education, but also in yourself. Yet at the same time, it’s also true that some degrees are relatively more expensive than others. So much so, taking out a student loan might not be enough to cover all of the expenses and you could look for relief. Your best option is to apply for a scholarship. Here are some of the most expensive degrees you can get and how a scholarship can help afford it.

Most expensive degrees and why you need a scholarship

What is a Scholarship?

A college scholarship is usually referred to as a financial reward given to hard working and diligent students. It’s essentially free money that’s used toward advancing your education. However, you don’t exactly have to be a perfect student to receive a scholarship, though it’s strongly encouraged. Instead, you can apply for one through various platforms. There are many platforms you can apply to and each one can get you matched with eligible college scholarships based on your academic needs. And compared to a student loan, there are no strings attached, like debt. But you need to perform your best in your studies or else it’s possible they can withhold future funds.

Engineering

Now that you’re aware of how you can afford them, it’s time to get into some of the most expensive degrees. Starting off, engineering is a very diverse career path. There are many types of engineering with all of them having their own unique skill set and requirements. Below is a quick list of the different engineering careers:

  • Chemical
  • Mechanical
  • Aerospace
  • Computer
  • Construction
  • Electrical
  • Civil
  • General
  • Metallurgical

The cost varies depending on what you pick. Chemical engineering, for example, can cost around $60,000 on average. Despite the purposes being different, all these fields mandate people to take and pass advanced classes such as trigonometry and chemistry. You also need to follow career development tips and have some first-hand experience in the field.

Medical

The medical field is similar to engineering in terms of career diversity. From becoming a registered RN to studying anesthesiology, it’s no wonder why they can be pricey. In fact, anesthesiologists pay at least $200,000 to as much as $400,000 on their degree. That’s because this job requires extensive study in college as well as participating in medical school for almost 15 years. In the case of an RN, you need only three years of medical school and to pay an average of $55,000. Some doctors do take out student loans, but the interest rates can rack up quickly. If you decide to join the medical field, a scholarship can be a big help.

Law

Aside from the aforementioned anesthesiologist, lawyers probably have the most demanding education out of any career. On average, lawyers-to-be can expect to pay around $90,000 to $150,000 regardless of what field they choose. Because of the steep costs all-around, applying for a scholarship is your best course of action to offset the hefty tuition costs.

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