Avoiding College Debt

For most of us, incurring some form of college debt will be unavoidable. The key is to understand how to limit this debt.

Tip #1 – Save for College

The affordability of college varies from school to school. Planning early and utilizing resources to help you save for college is always a step in the right direction. Take a look at these options:

Tip #2 –Explore Financial Aid

One of the most important things you can do is learn about your financial aid options and the place to start is with FAFSA (Free Application to Federal Student Aid).  Visit http://studentaid.ed.gov for detailed information!

Tip #3 –Reduce Costs

Consider a variety of ways to reduce your college costs. This may include:

  • Attend a Community College! Community Colleges are often two-thirds the cost of universities with first and second year classes taught by instructors with PH.Ds (as opposed to graduate teaching assistants), small class sizes, a large variety of classes and resources and support to assist you with completing college.
  • Consider Early College opportunities:  There are many programs in place where students can attend high school and college at the same time. Look for opportunities with dual/concurrent enrollment () AP Classes, CLEP testing and more.

Tip #4 –Explore Career Options Early!

Some of us know early on what we want to be when we grow up. But for those of us who do not, it is essential that we begin using resources to help us find our passion. Knowing what career interests you will help ensure that you take the right classes and follow a program of study that will guide your course choices.  Check out these cool sites: