We have a big student loan crisis in America today. Large universities around the nation have continued to spike their tuition rates, making it hard for young students to pay for college. The student loan debt in America has climbed to over 1.2 trillion dollars and continues to keep climbing. In an economy where the college degree is valued by many employers, the rising tuition rates are leading many young Americans into financial slavery. The good news is that there are many ways to get a college degree without going into massive debt. We’re going to cover these things in today’s article.
1. Scholarships and Grants
Many universities and colleges have scholarships that one can apply for every year. Also, the government also gives grants to those fitting a certain description. A lot of times, no one ever applies for certain scholarships. This gives tremendous opportunity to those who do.
2. Community College
If you are starting college, it’s best to take your general education courses at a community college. You’ll pay way more for practically the same thing at a large university. Plus, community colleges allow you to stay closer to home, ultimately keeping transportation and other costs down.
3. Make a plan
At the end of the day, you have to make a plan on what it is you wish to accomplish. If you are taking out loans, know what you’re taking them out for. If you are going into a major, make sure you can get a job right after graduation.