How to Avoid College Debt

How to Avoid College Debt College tuition and fees have hit the roof. In fact, cost has become one of the most important deciding factors when deciding whether or not to go to college. According to College Board, the average tuition and fees charged by... More

How to Avoid College Debt College tuition and fees have hit the roof. In fact, cost has become one of the most important deciding factors when deciding whether or not to go to college. According to College Board, the average tuition and fees charged by public and private non-profit fouryear colleges in 2011-12 ranged between $8,244 and $28,500 per year. The cost was considerably lower in public two-year colleges, at $2,963 per year. 1 However, that’s not the entire cost of attending college. Add to that associated costs like room and board, books and supplies, transportation, and personal expenses, and you have provided yourself with a yearly bill that can run into tens of thousands of dollars. Naturally, not everyone has pockets that are large enough to support this kind of expense, no matter how worthy the cause. That’s why every year, many students resort to taking out loans to finance their education and end up piling up a huge debt by the time they graduate. College debt ma Less