Work for your keep
Work for your keep
Name: Albert Hu
Year: Senior
College: UCLA

Strategy: For the current academic year, Hu moved into a housing co-op that charges lower rents than dorms or off-campus apartments in exchange for residents working four hours of cooking or cleaning a week. Nineteen meals a week are included.

Savings: $9,000 a year over a standard dorm and cafeteria contract.

Advice: "A lot of people are repelled by the idea of four hours of chores, but it actually saves time," Hu contends. "When I lived in an apartment, it was taking me an hour and a half every day to cook and clean. And there is a great sense of community at the co-op here. I've met a lot of great friends."

By Kim Clark and Beth Braverman @Money - Last updated March 23 2012: 9:41 AM ET
Colleges slashing tuition, offering 3-year degrees

A growing number of colleges are cutting tuition or speeding up the rate at which students can attain a degree in order to boost enrollment -- and their bottom line.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.