Return on Investment: BA or MBA, Doing Business With a Non-Profit ...

For more information, visit www.CollegePrepExpert.com

When a business invests $100,000 in something, it expects to get its money back. If you?re investing tens of thousands of dollars into your college education, you should expect the same thing.

State schools can cost $40,000 (or more) over four years, while private schools can cost $200,000 (or more). Given the high cost of tuition (it?s gone up more than 450% since 1982), most families cannot afford to have students take a few classes in college and never recoup their investment. They need what businessmen call a good Return on Investment (ROI).

How to Develop a Business Plan for Going to College:

1. Research Colleges. Begin where business begins: Research & Development. Conduct online and in-person research. Visit college campuses, attend college nights, and definitely learn what to ask college admissions officers.
2. Strategize. Match colleges to your career goals, as well as your likes and dislikes. Find the right college for you.
3. Work Hard. The above steps mean nothing without studying. Remember, good high school transcripts come with good college prep. Take the right Advanced Placement (AP) courses and study for the SAT and ACT.
4. Negotiate. While you can?t negotiate your Expected Family Contribution, you can find ways to maximize your grant money and reduce your student loans. There?s an art to financial aid, from filling out the FAFSA to writing appeals letters, but it can be done. You can get better financial aid with the right approach.
5. Invest. Once you have your financial aid package, it?s time to invest. Pick a college and find ways to cover your remaining financial need. If you?ve negotiated properly, your student loans won?t be overbearing.
6. Recoup. If you?ve worked hard in college, pulled good grades and found ways to save money, the job you land after graduation should help you recoup your investment. How well you plan for college and career will determine how fast you make your money back, but good college prep improves your Return on Investment.

Using Financial Aid to Be Successful in College

If you had your own team of researchers, lawyers, and accountants, you?d use them, right? It?s the nature of business to use its resources properly, and college, for all its ivy-covered walls and non-profit claims, is a business. They must operate with an eye on their bottom line, and so must you. For you, that means a complete program that focuses on both need-based and merit-based financial aid.

Some people thrive in the business world because they get a good return on their investment while others fail after the first year. They spend money they will never get back. If you ? and your team (parents, guidance counselor and college prep expert) ? plan your college future right, you can be one of those who rises to the top.

Getting a good job after graduation is the best return on investment you can get. Not only will you be able to pay off your student loans, but the business skills you used before college will apply. Whether you?re getting a B.A. or an MBA, the right plan makes you college and career ready.

What?s your Return on Investment?

For more information, visit www.CollegePrepExpert.com

Related posts:

1. The AM/PM Plan: Motivation and Money, From College Prep to College Bound in 4 Quick Steps
2. How to Pick a College Prep or Career Guidance Program: SATs, ACTs, Financial Aid and Admissions
3. 5 Ways Parents Undermine Their Student?s Higher Education and Career Goals by College Prep Expert
4. 5 Ways College Prep and AP Classes Help High School Students Reach Academic, Career & Military Goals
5. 5 Financial Aid Terms to Know Before Filing Your FAFSA, SAR and CSS Profile by College Prep Expert

Source: http://www.nationalnewstoday.com/business-and-career/return-on-investment-ba-or-mba-doing-business-with-a-non-profit-college-through-research-prep.php

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