
Can’t Pay for University Right Now? These are Some Alternative Paths You Can Take

There are many paths that can lead you to success. While a lot of people believe that getting a degree from a four-year college is a requirement, you’ll find that there are other alternatives you can take. This is especially true if you’re one of the many who can’t afford the increasing costs of a university education these days.
Luckily, you have people like Black Entertainment Television (BET) co-founder Sheila Johnson to remind you of the other choices you have when it comes to pursuing higher education.
Millionaire’s Advice

H. Darr Beiser/USAT — Johnson is the first Black woman to have a net worth of at least $1 billion
Johnson advises those who can’t afford to go to college to either try a community college or get vocational training instead. The 71-year-old businesswoman also emphasized how people can start to build their own business from there.
It’s worth noting though that Johnson herself studied music education at the University of Illinois on a full-ride scholarship. She currently serves on the board of various higher learning institutions like the Harvard Kennedy School’s Center for Public Leadership and Parsons School of Design. Johnson has a current net worth of $820 million, putting her name among the richest self-made women in America.
Finding Opportunities

s_bukley/Shutterstock — Johnson co-founded BET with her ex-husband Robert L. Johnson
The businesswoman, who is also the CEO of Salamander Hotels and Resorts, believes that you can find tons of opportunities in fields where a four-year degree isn’t a requirement. In fact, she uses the success of her former high school classmates, who underwent vocational training, as examples.
With hands-on experience under their belt, they were able to start their own business in their hometown. The entrepreneurs now reportedly run car businesses and pizza restaurants.
As for her specific advice for aspiring entrepreneurs, Johnson encourages people to ‘start small and make it work’. A good first step is to come up with a business plan.
The Cost of Higher Education

fizkes/Shutterstock — A reported one-third of the American adult population under the age of 30 carry student debt
Johnson’s advice on finding alternative ways to further your education couldn’t be more relevant today.
With the average four-year college costing students as much as $46,014 a year at a private nonprofit institution, people are finding themselves without much choice than to take out student loans to afford to go to school.
As a result, Americans now owe over a trillion dollars in student loans. This figure is more than two times what it was just a decade ago.
Meanwhile, the costs of going to a public community college are much more affordable with in-state students paying just about $4,816 a year in tuition. Out-of-state students are paying almost double that.
More in Law Degree
-
Actionable Tricks for Law Students Struggling With ADHD
Law school can be daunting and somewhat of an overwhelming experience, even for the most brilliant students. The reason being, it’s...
December 21, 2021 -
Lockdown Move-Ins Are Complicating Couple’s Finances – Here’s How to Stay Protected
The 2020 coronavirus pandemic became the cause for drastic changes in people’s lives – and couples were no exception. For some...
December 8, 2021 -
Generate Generational Wealth With 3 Smart Tips!
‘Sky’s the limit’. ‘If you can dream it, you can do it’. ‘There is no excuse for not trying’ – when...
December 2, 2021 -
Even Law Firms Can Transition to Remote Work – Here’s How
The impacts of the coronavirus pandemic echoed wildly in every nook and cranny of the world, whether it be social, economic,...
November 30, 2021 -
Strategies To Keep In Mind While Looking For The Right Attorney
Researching and selecting the perfect lawyer can involve an alarming amount of hard work and brainstorming. And even after that if...
November 16, 2021 -
Who Should Be Blamed For Slip & Fall Injuries?
Regardless of how proper your gait is, it’s absolutely impossible that you’ve never slipped and fell in your life. It’s really...
November 9, 2021 -
Tips and Tricks to Survive Law School
Imagine this – Your dream to get admission into your desired law school turns into reality. It’s your first day at...
November 5, 2021 -
Hey, PowerPuff Lady! Vanquish the Odds in Your Legal Career with These Success Strategies
Obtaining a career in law is challenging as it is, but if you’re a woman, the struggle increases manifold. Well actually,...
November 3, 2021 -
3 Smart Tips to Ace Law School
If you’ve watched Dark Waters, we’re sure the law aspirant in you is completely fascinated by the bold, successful, and whip-smart...
October 27, 2021