How to Get A College Degree Without Accumulating Major Debt

A college degree is all but a necessity in order to compete in the world of employment and get your foot in the door when it comes to applying for jobs. However, one of the biggest hindrances or deterrents to getting a college degree is debt.

This past year, combined student debt passed $1 trillion. This is a shocking statistic and one that could get worse before we know it. If you’re looking for a college degree, you need to be mindful of how expensive it can be. Here are some tips on how to get a college degree without accumulating major debt.

Stay In-State

When looking at schools, it’s best to stay in-state rather than going out-of-state. When comparing the¬†two, you’ll learn about how out-of-state tuition is typically more than double that of in-state tuition. This can make a huge difference, especially when trying to pay off the debt later on.

A few thousand dollars might not seem like much for one semester, but it can definitely add up over the course of four years (or more). By staying in-state, you’ll be able to act as responsible as possible when it comes to your money in college.

Find Scholarships

When it comes to reducing your debt as a college student, scholarships are the way to go. By finding a good scholarship, you can pay significantly less than you would for college, or none at all. Some offer full rides, meaning that the tuition fees are completely paid for.

These are typically merit-based scholarships, so you should be as aware of your academic performance as possible. A strong GPA is necessary, as are high scores on the ACT and SAT tests. Make sure that you are applying for scholarships that you will be able to achieve.

Get Credit Hours

The less time you spend in college, the less debt you’ll accumulate. This doesn’t mean you should drop out (even that won’t erase your debt). Instead, you should work towards receiving as many credit hours as possible. By taking advanced placement (AP) courses, you can increase your odds of receiving college credit. You can’t just pass the classes in order to receive college credit; you need to do well on the exams as well.

In order to receive credit for AP exams, schools typically require at least a 3 (on a scale of 1-5). If you’re taking AP exams, make sure you study as much as you possibly can for upcoming exams. With enough determination, you might be able to start off college as a sophomore.

Use Loans

Sometimes, we don’t have the funds necessary at a time when we need them. When this happens, loans come through. Borrowing money through systems like Plano title loans allow you to go to college and receive your education. Look for loans that have the best possible interest rates and focus on putting money aside to pay them off in the future. This is your time to shine and learn as you deserve to.


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