Thread:

what are some ways a student can pay for college?

what are some ways you can reduce or avoid student loans?

imagine you just graduated with $30,000 in student loan debt. How long it would take you to pay it off with a minimum monthly payment of $250 and an interest rate of 5%. Recor how many months/years it will pay. Next, add to the minimum monthly payment of $250 a dollar amount you think you could spare each month and record how many months/years it will take to pay it off, and how much interest you will pay. Reflect on the result. did they surprise you? What are some things you can do to pat the d by off faste? what could you do with that money each month if you didn't have the debt?