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Home Loans Guide Student Loans A college education pays for itself, according to the U. S. Bureau of Labor Statistics ( BLS). In fact, while a high school graduate averages approximately $638 a week in earnings, an undergrad averages around $1, 053 and someone with a graduate degree rakes in $1, 263 per week. Moreover, 83% of college students and parents strongly agree that higher education is an investment in the future and the path to earning more money (69%), according to a national survey by Sallie Mae and Gallup, "How America Pays for College 2012. " But how to pay for college? While, there are several options including… 529 savings plan Educational grant Home equity loan Savings account Scholarship Student aid Student loans Work study program …35% percent of students who participated in the Sallie Mae survey said they received student loans. Of those, 25% borrowed federal loans only, 9% used a mix of federal and private loans, and 1% tapped private loans only. Scholarships are a valuable resource for financing college expenses.