David Bakke, Money Crashers, shares ways students can cut expenses at college in order to decrease reliance on student loans.
At a minimum, you can expect to pay at least $9,000 for one year of college tuition and fees. Add in all the other expenses, and the cost of attending college reaches a staggering sum. However, rather than resigning yourself to an enormous debt when you graduate, you can reduce your student loan debt.
Remember, when you acquire student loans you have to pay interest on every dollar borrowed. So depending on your interest rate and the time needed to pay back your debt, every dollar saved during college can translate into as much as four dollars earned.
Here are ways to cut student loan debt.
