Once we have seen which are the careers with the most exits and how to access them, a fundamental question arises: how much does university cost?
And it is that to the price of the matriculation it is necessary to add to him the expenses of material and transport like basic. Not to mention the cost of studying outside the home, because you will have to pay for accommodation, food, electricity bills, etc.
A savings account for your studies or those of your children, if you are a parent and you are thinking about their future, it may be a good idea. Let’s see in detail how much it costs to study a degree.
How much does it cost to study a university degree?
The answer to this question is quite complex, since it is not the same to study in a public university than in a private one. Nor is it a function of the region chosen to study, or the career that has been chosen to study.
In addition, to the university expenses you have to add the daily expenses based on the cost of living in the area where you are.
Let’s take an example: studying medicine in Andalusia costs around € 750 a year, but if it is done in Catalonia, it can exceed € 2,300. A difference of € 1,550, which is very noticeable. And we are only talking about basic college expenses, not everything that can derive from them.
INITIAL PAYMENT FOR COLLEGE
The first expense that higher education has is tuition. How much is college tuition? It depends on the credits needed to study the degree and the degree they have.
As a general rule, a year is 60 credits , and the degrees are established by the Autonomous Community. If the course is grade 1, the cost per credit is the most expensive, and it goes down depending on whether it is grade 2, 3, etc. There are communities that only have one degree, while others define careers up to 7, each with a different cost per credit.
In addition to this factor, it must be borne in mind that some races require additional material , which is an extra start-up expense.
DAILY PAYMENTS OF A STUDENT
Aside from tuition and starting materials, once you start studying you have to calculate daily expenses of various kinds.
As a sample, the study material, photocopies, books and others that are needed to follow the course and increase knowledge in the subject, which can be related to paying for college.
There are also current expenses , such as public transport or gasoline to get to the college or higher education center (provided that the study option is face-to-face).
Few, if any, students live right next to the university and can walk to it.
And if you also choose a university outside your usual residence, you will have to add accommodation costs (room or residence, food, supplies, etc.). All this makes it very difficult to calculate how much it costs to study a degree, because you have to sit down and see a lot of variables.
How to save for college?
Taking an approximate average of what a year of university can cost, we can be talking about € 1500 in the most economical case (living in the family home, in an Autonomous Community with a low university cost and a career with not very high credits ), up to € 10,000 or more for an expensive career, in a high-cost area and living away from home.
In any case, it is clear that a savings plan for university studies is needed, either by the student himself or by the parents, looking to the future. A savings account for college is a highly recommended option , since you can make regular contributions and generate profits while not in use.
Choosing a suitable career guarantees the future of work , so it is essential to make good decisions. In addition to doing math and being forward-thinking, so that once the time comes, it doesn’t involve too great a sacrifice, good for you if you are a student and want to pay for your studies as if you are looking for a future for your children and want to support them with their career.