The growing appeal of a three-year degree

by Bruce Kennedy, Moneywatch

In a trend that began during the depths of the Great Recession, some students who needed get a four-degree without a four-year degree’s cost started trying to complete their courses in three years. But even as the U.S. economy is leaving that devastating slump slowly behind it, that trend is apparently hanging on — and perhaps gaining some momentum. About two dozen private U.S. colleges now offer three-year degree programs. The financial advantages of a three-year program seem obvious. College costs continue to rise, with the median cost of a year’s tuition and fees for undergraduate study at both public and private, nonprofit, four-year institutions currently stands at just over $11,000, according to the College Board.

http://www.cbsnews.com/news/the-growing-appeal-of-a-three-year-college-degree/

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