Avoiding College Debt (Tuition)

There too many college students who are getting into debt while earning their degree. They are racking up thousands, or hundreds of thousands of dollars in student loans, and irresponsible and unnecessary spending.  Students need to research their career options before they sign away on student loans and also on enrollment forms. In my personal experience, my wife earned her Master’s in History and works as a high school history teacher; she has two student loans.  She will often say: “I wish I could have earned a degree that would get me a better job or more money”, she needed those loans to help pay for her studies. I Will share some tips on how not to get in debt while earning your degree:

·         Earn a degree that will get you a job.

·         Avoid living on campus, and stay with mom and dad if possible, its free (hopefully, or cheaper at least).

·         Rent your textbooks or download the EBook if available.

·         Avoid the big and expensive Universities; after all, a degree is a degree.

·         Eat at mom and dad’s whenever you can (it will probably be free).

·         Work part-time.

·         If you live on campus, do your laundry at mom and dad’s.

 

I also found an article from the Huffington Post that shares some tips to avoiding college debt:

http://www.huffingtonpost.com/galtime/5-ways-to-avoid-college-d_b_3045405.html

by David Bakke, Money Crashers for GalTime.com Five Ways to Avoid College Debt. The Huffintonpost. April 11, 2013