Save money by graduating college in 3 years instead of 4

A small liberal arts college in Oneonta, N.Y. is offering students an option to get a degree in three years instead of four, saving more than $40,000.

Students at Hartwick College will complete the standard 120 credits, taking 18 credits in the fall, 4 in a January term and 18 in the spring, and still will have their summers free for internships or jobs, according to a New York Times story.