What college students should do to reduce student loan debt

Posted on Friday, July 22nd, 2016 at 5:42 pm    

Many college students are left with serious student loan debt after graduation. Fortunately, there are some things they can do while in school to lower the amount they’ll owe later.

Freshmen may want to take survey courses freshman year, but settle quickly on which major they choose to pursue. Identifying a major early in college and sticking with it will reduce your chance of taking unnecessary courses. Diligent students, or those who have special talents in extracurricular activities, may want to apply for grants or scholarships at their school. You can also try to find an installment plan that allows you to pay your tuition in segments. Lastly, students may want to change their spending habits if they expect to save money. An easy way to save is to eat out less and get a roommate. 

Although the average amount families spent on college decreased this year, student loan debt is a problem that still plaques many graduates. If you are saddled by debt, an attorney at the Bradford Law Offices, PLLC can offer you solutions to help you recover from your student debt. Get in touch with a Fayetteville attorney by calling (910) 668-0006 to learn more about your options.