News 8 is your source for everything back to school. It’s no surprise that college life is expensive, but there are steps families can take to bring down that cost and get the most of the college experience.
Financial Literacy Counselor Lew Deluca with Southern Connecticut State University shares some money saving tips to consider:
*Save money by graduating in 4 years
*Buy used or rent textbooks.
*Commute to save on room and board charges.
*Consider your student loans: $27,000 student loan debt is about $300/month for 10 years of repayment.
*Go to class and get your money’s worth, which is equal to about $59/class.
*Use payment plan options before loans.
*Budget your money wherever you go.
*Check your credit report.