09/02/2013 01:32 pm ET

Crowdfunding College And Other Ways To Cut Costs


With the cost of a college education increasing at a pace roughly double the pace of inflation, students are looking at new ways to pay for their degrees, cut the costs of classes in innovative ways and maximize alumni connections after graduation to jumpstart their careers.

Imagine being able to cut the cost of a college education by a third. The University at Albany, The State University of New York, said it might be possible using MOOCs—massive open online courses.

Read more on CNBC