The student loan crisis has been in the media frequently. While some students do waste money in college, a large number who take out hefty student loans do so because they need that money to pay for the basics like tuition and room and board. That money often doesn’t stretch enough to cover things like entertainment and clothing. If you are a college student (or know one who is), don’t despair. There are plenty of ways you can make some [...]
Creatively managing resources is essential if you want to have more fun with shopping, socializing, and enjoying down time. Just as time management is a huge factor, so is budgeting the bill! You need to juggle resources to pay for the cost of living, books, student loans, and still have money left to kick back and rejuvenate doing something fun. Shopping wisely, scouting for deals, and taking advantage of special discounts is part of the college lifestyle. Following these 5 tips will ensure that you stretch [...]
This past week I had the privilege to talk to a group of roughly 100 college students about managing money. I was impressed with their interest in the topic and not once did I see someone fall asleep. They were engaged and asked some really tough questions.
While we were in Vegas this past weekend, we saw a man performing on the street. He had a sign that said “Trying to Pay For Tuition, Anything Helps.” With student loan debt in the United States over $1 Trillion, I found this guy to be inspiring.
According to a recent study by the Project on Student Debt, the average college student will graduate with $25,250 in student loans. According to FinAid.org, there is more than $1 Trillion in student loan debt outstanding. In fact, there is now more student loan debt than there is credit card debt in the United States. So obviously there is a trend to borrow money in order to go to school, but is it the only way? Here are five things to [...]