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July 10, 2022
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July 25, 2022

SAT Preparation – Is Hiring A Tutor Worth The Cost?

ROI which stands for return on investment is important to consider when contemplating hiring a test prep tutor. Will you get a good return if you invest in test prep help? 

Lifetime Increase in Earnings

While test prep ROI is important to consider, it is also challenging to quantify. It is hard to know exactly how significantly your SAT score will impact your future. Think about your potential trajectory into the future. Your SAT score could impact which institution you are accepted to. Which could influence which program you study. This will ultimately impact your job opportunities and your salary. It is hard to map out exactly how a better SAT score affects your salary, but it is likely that it can improve it. Sociological Images pointed to study, done in 2009, that found a strong correlation between higher SAT scores and higher salaries. It is safe to assume that a high SAT score will pay off long into the future.

 

Short Term Gains

In the short term, SAT prep can also save you money. With a higher SAT score, more scholarships, grants, and opportunities for funding are available to you. A few thousand dollars here and there over the course of four years can add up. This amount of saving continues to multiply when you consider that you may not have to take out a loan on those amounts. Less loan money saves you not only the principal amount, but also the interest you would have had to pay over years of repayment. 

Measuring Costs and Benefits

It is hard to push yourself to improve your SAT score alone. Mr. Test Prep can help you achieve your goal score. Mr. Test Prep will map out how much your test prep course will cost, so that you know up front. You can then determine whether the potential earnings increase and savings in college funding are worth the up front cost. 

You will have to determine your own priorities when deciding whether or not test prep services are worth the expense. However, should you choose to invest, it is likely that you will benefit from the gains over the course of your life. 

 

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