Borrow as little as possible The average college student leaves - TopicsExpress

Borrow as little as possible The average college student leaves school with about $23,000 in debt. Borrow just enough to pay for your legitimate college costs. Explore all options. A student loan should be your last resort. If you do borrow money, make sure you fully understand the cost and other terms of the loan before signing on the dotted line. The cheapest loans come from the federal government. And because federal interest rates are set, you know how much debt youre taking on. Remember to start looking into funding early and to submit applications before the deadlines. Search online for scholarships, grants and other financial aid based on gender, religion, race, ethnicity, the type of degree you want or other relevant criteria.

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