The Dept. of Education has reinstated the online application for Income Driven Repayment plans and loan consolidation. Borrowers on the SAVE plan remain on an interest-free forbearance until further notice or unless they apply for another IDR plan. To learn more and get guidance on recertification deadlines, click here.

Deciding On The Best Higher-Ed Path For You!

When you think of higher education, a four-year university probably comes to mind—but that’s just one option! Whether you’re considering trade school, community college, or university, each path has its own benefits. Let’s break them down and see which one fits your goals best.

First, let’s talk about Trade School!

Trade schools offer hands-on training for careers like plumbing, electrical work, IT, and more. If you’re looking for a practical, career-focused education without the cost or time commitment of a traditional four-year degree, trade school could be a great option.

Pros

  • Shorter Programs – Many take less than two years to complete.
  • High-Demand Careers – Fields like IT, plumbing, and healthcare often have strong job markets.
  • Hands-On Learning – Smaller class sizes and practical training mean more personal attention.
  • Lower Cost – Generally much cheaper than a traditional college degree.

Cons

  • Limited Career Flexibility – Specialized training can make switching fields harder.
  • Less Academic Education – Fewer courses in subjects like humanities or social sciences.
  • Certifications/Licensing May Be Required – Some careers need additional exams.
  • Fewer Advancement Opportunities – Higher degrees may be needed for leadership roles.

If you prefer learning by doing and want to jump into a career quickly, trade school might be the perfect fit!

Did you know NYC has technical high schools that combine a traditional education with career-focused training? These schools help students get a head start in fields like the arts, fashion, and skilled trades.

Most specialized high schools require 8th or 9th graders to apply, often by taking the SHSAT (Specialized High Schools Admissions Test). Others, like Frank Sinatra School of the Arts or the High School of Fashion Industries, require an audition or portfolio submission instead.

For students with a clear career path in mind, these schools are a game-changer. You’ll get the standard high school curriculum—math, English, history—plus hands-on training in your chosen field. Some programs even offer industry certifications, allowing you to jump straight into the workforce after graduation! Learn more about eligibility and requirements!

Next is Community College!

Pros

  • Affordable – Lower tuition than universities (e.g., CUNY community colleges cost ~$210 per credit vs. $305 at four-year schools).
  • Flexible – Offers part-time, night, and online classes.
  • Easier Admission – Many have open enrollment or high acceptance rates (e.g., LaGuardia, Hostos, Bronx Community College).
  • Smaller Class Sizes – More direct access to professors.
  • Transfer Opportunities – Earn credits toward a bachelor’s degree.
  • Variety of Programs – Career training plus general education for a well-rounded education.

Cons

  • Limited Degree Options – Typically offers associate degrees or certificates.
  • Less Campus Life – Fewer extracurriculars and social events.
  • Transfer Challenges – Not all credits transfer seamlessly—always check with your target university.
  • Less Prestige – Some employers may favor bachelor’s degrees.

There’s often stigma around community college, but earning a degree—at any level—is an achievement to be proud of. If community college fits your goals and budget, don’t let outdated perceptions hold you back!

Finally, Let’s Talk About 4-year Universities. 

Traditional college education is what most people think of when it comes to higher learning. While it has its pros and cons, there’s no denying it opens doors to countless career opportunities.

Pros

  • More Career Options – Many high-paying jobs require a bachelor’s degree.
  • Higher Earning Potential – College grads typically earn more over their lifetime.
  • Networking & Campus Life – Clubs, internships, and connections can boost your career.
  • More Learning Opportunities – Access to electives, research, and diverse subjects.
  • Easier Career Advancement – Higher degrees often lead to promotions and leadership roles.

Cons

  • Expensive – Tuition and student debt can be a big financial burden and some programs don’t always have a good return on investment.
  • Time-Consuming – It takes 4+ years to earn a degree.
  • Competitive Admission – Some programs are tough to get into.
  • No Job Guarantee – Some degrees don’t lead directly to a career.
  • Less Hands-On Training – Focuses more on theory than practical skills.

Is college the right path for you? It depends on your goals, budget, and learning style!

Live in New York? You’ve Got Even More Options To Help Pay For College

New York State offers fantastic, affordable higher education options through CUNY (City University of New York) and SUNY (State University of New York). With campuses across the state, you can earn anything from an associate’s degree to a doctorate—or even a certification.

For in-state students, CUNY and SUNY are much more budget-friendly than out-of-state universities, and they offer support programs like ASAP and SEEK to help low-income students succeed. Plus, state aid programs like the Tuition Assistance Program (TAP) make college even more accessible.

Want to learn more about making college affordable? Check out our guide on applying for financial aid in New York!


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