I have been hearing conflicting stories about the actual benefit of my high school student taking AP exams, and how it really works. Teachers and Guidance at my daughter's high school say that the $90 exam fee is cheap for getting 3-4 college credits per exam. However, a friend of my wife who has 2 kids in college said it doesn't actually reduce your college costs as the college grant you credit towards the particular class so the student doesn't have to take it, but that it won't reduce cost of tuition as they will still need to earn all the degree program credits at the college. For example, if my daughter gets acceptable AP exam scores and earns 15 AP credits, she still won't be able to graduate a semester early and will have to take 15 credits worth of extra electives to get her degree. I was hoping that all of my daughter's AP work would reduce the total cost of her degree. Any insight would be greatly appreciated.
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