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Money in a jar for a college fund. Photo courtesy of Shutterstock.

Posted February 23, 2017 by

17 strategies that can help you graduate from college debt free

 

College is expensive. And student loan debt is on the rise. While many believe the only way to graduate from college debt free is by receiving an academic or athletic scholarship, there are actually several strategies one can implement to graduate from college debt free – or with much less debt than the average college student graduates with – which is just over $30,000.

It’s not easy and it could make the path to graduation more challenging, but it can be done. It starts by planning in advance and digging deep to find ways to accomplish this goal.

“The days of going to college without any real pre-planning or self-evaluation are over,” says Bob LaBombard, retired CEO of GradStaff, a company that helps college students and recent college grads identify where there skills fit in the job force  “It’s just too costly and risky.”

Consider these facts: More than half of college students change their major at least once. Further, recent data shows that only about 56 percent of students entering college graduate within six years; almost half drop out.

“Clearly, lack of a clear-cut plan often causes students to waste time, precious tuition dollars and, ultimately, interest in completing a degree,” says LaBombard.

There are many strategies that can help college students cover the high costs of obtaining a college degree, and if done correctly, graduating debt free. We highlight those strategies here:

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Posted February 01, 2012 by

College Scholarships Students May Not Know About

Need some extra scholarship money?  There are opportunities which may fit you perfectly, but don’t know about.

To win a share of the billions of dollars available in college scholarships, you don’t necessarily have to be a 4.0 student or have scored a perfect 2400 on the SAT* or 36 on the ACT* – though that helps too.  There are many unusual, little-known scholarships available for students of diverse backgrounds and lifestyles, but who may not have the strongest academic records. Here are just a few: (more…)