How to achieve higher education for less

3:07 PM, May 2, 2012   |    comments
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UNDATED (CNN) -- With the job market still struggling to recover, many workers are thinking about going back to school. While that may seem like an expensive decision, here are some tips on helping reduce the costs of high education.

Going back to school may be cheaper than you think. And whether it's for you or your children, there are ways to make saving for college easier as well.

Money magazine has some tips. First, you can search for thousands of free classes online through a site called the Open Courseware Consortium. You just type in what you're looking for, like history or engineering, and the site will give you links to hundreds of classes.

If you want some recommendations on which might be best for you, check out Education-Portal.com. That site features tons of articles, videos and advice about taking classes online.

You can also find out how to accredit these courses and transfer those credits to another school. While there are a ton of free courses out there, you're going to have to pay for a portion of your education in order to get a degree.

And experts say a 529 plan is the best fund to pour money into. If you have children, you may be able to transfer it from one child to another, or even use it yourself to go back to school. Check out what 529 plans your state offers especially if they give big tax breaks.

There's also a variety of so called "direct" 529 plans that can be solid options as well. The Securities and Exchange Commission's website has a great introduction to 529 plans.