Who doesn’t want to save on college tuition?
According to Brookings, “Six percent of borrowers owe a third of all the outstanding debt. A very small fraction of all student loan borrowers have very large loans. Six percent of borrowers owe more than $100,000 in debt, with 2 percent owing more than $200,000. This 6 percent owes one-third of the outstanding $1.5 trillion of debt.”
$1.5 trillion is nothing to ignore. That’s why so many students are scrambling to figure out how to save on college tuition costs.
Luckily, we’ve put together several excellent resources that will help you save on your college education. None of these are easy, in fact, many of them involve research, applications, and of course, doing your best to save money wherever you can.
The important thing to remember is that taking out student loans should be approached with caution. Start small and only take out what you need. From there, follow these steps.
File your FAFSA®
If you need extra help, we have a comprehensive guide to getting you through the process and even helping you understand your award letter.
Consider dual enrollment
We go in-depth into dual enrollment and what it means to attend two colleges at once in this article.
Dual enrollment is a popular way to save money while still attending a four-year college or university. While it’s not the easiest option, it saves you a significant amount of money when done correctly.
The perks of community college
Community college is one of the easiest ways to save thousands of dollars on your tuition. Whether you start there or supplement your general ed courses at one, it’s the perfect way to get the degree you want for a price that actually makes sense.
Now that you’ve got access to some of our top tuition saving resources, you’re well on your way to a bright financial future!