Debt seems to be a theme for Friday's Fact, so forgive me if I go back to this topic. A recent report found that two thirds of the graduating class of 2010 left school with an average of $25,250 in debt. That puts quite a hole in the pocketbook, and if you plan on going to grad school, expect the hole to get bigger.
How can you manage finances so that you don't return all your post-graduation income to the loan companies? Here's a few pointers:
- Choose an affordable school that is academically strong in your areas of interest
- Consider completing your gen ed courses at a community college
- Look for scholarships, and apply for all the ones you qualify for
- Don't waste time "finding yourself" in college - it's a really expensive way to discover what you want to do
- Work hard to pass all your courses - having to repeat courses or extend the length of your edcuation only increases your debt.
No comments:
Post a Comment
Tell us what you think. We'd love to hear from you!