Because most college students are using loans to finance their college education, the debt level of recent graduates is rising rapidly. On average, students graduate owing $12,000-$16,000 in student loans and another $2,000 in credit card debt. Is this the price you have to pay for higher education, or can you avoid college debt in the first place?
The secret to avoiding college debt is to plan wisely and take advantage of the many opportunities to reduce college costs before and during your college years.
Planning ahead
You can avoid college debt by making wise high school decisions:
Take advanced placement classes
Take all the advanced placement classes you can in high schoolevery AP exam you pass means one less class you need to take in college.
Keep your grades up
Scholarships can be competitive, and even the grades you make early in your high school years can mean the difference in winning or losing. Don't make the mistake of thinking you can save the hard work for your junior and senior years!
Stay involved
Scholarships also may depend on community and school involvement.
Search for scholarships and grants
Scholarships and grants are the best money source for college because it is money that doesn't have to be repaid. To find out about grants and scholarships, visit your high school career counselor and the Financial Aid Office of your intended college. You can also search the internet for scholarships and grants.
Investigate public service options
The United States Military, National Health Service Corps, and Americorps will give you money for your education in exchange for your signing up for a