Best Student Loan Alternatives
The College Investor Audio Show · The College Investor
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Show Notes
Being a college student may require you to figure out ways to pay for school without taking on a huge amount of debt. Perhaps it means working part-time or longer hours in the summer. It may entail researching for scholarships and grants. Some students use the GI Bill to cover the costs after deployment.
It's a challenge to cover your tuition and living expenses when you’re a college student on a budget. According to the Education Data Initiative, the average public university loan student borrowed $31,410 to complete their degree.
Using federal loans to pay for a university education may seem like the only answer, but those loans usually have to be repaid. Plus, many people (including international students and people with DACA status) aren’t eligible to fill out the FAFSA.