Sheila McKinney

Tuesday, August 21, 2012

CONTROL YOUR COLLEGE DEBT

Four tips: 1) Reduce the debt you take on. Look for scholarships and if you have to take out loans, government loans tytically are better than private ones. 2) Figure out what works for you. It may be advantegrous to delay college while you live at home, work full time and save up money or go just part time while working. 3) Reduce college costs. The average textbook for an intro course costs $176 You an whittle down textbook costs by looking out for campus book swaps, buying used textbooks or getting e-books. 4) Manage your debt after college. The first step is to go to nsids.ed.gov, the National Student Loan Data System. You may be able to consolidate your loans at a lower interest rate.