10 Tips on Paying Less for Your College Education

By Michelle WithaM, published Sep 18, 2006
Published Content: 320  Total Views: 532,617  Favorited By: 18 CPs
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Paying for an college education is already expensive enough as it is with college costs going up almost each year. Here are ten tips on paying less for your college education.

1. Don't take out student loans. You will end up paying more in interest over the years than if you just saved the money in the bank each year to pay for the college costs each year. It is important to realize that you can go to college without students loans if you save enough money each year.

2. Buy used books on the Internet. It is cheaper to buy used books and it will save you additional money each year. This is a great way to save almost half off the full price when you purchase books for college each year. Remember never to pay more for a textbook than the perfect price that you want to pay. You can usually always find the perfect price that you are looking for in regards to used textbooks.

3. You can save money by living off campus instead of on campus. Look into the cost of apartments that aren't student apartments. You will have a little more privacy and plus you won't have to deal with wild parties all night long as much when you don't live in student apartments.

4. Reuse items or computer equipment from years prior. You don't need to buy brand new computers or some items brand new each year. As long as they work in good condition then you shouldn't have to buy a brand new one each year. You will be amazed at how much money that you can save each college year by simply trying to use the same type of items from each year prior.

5. Use different transportation such as buses, subways, trains, or car pool instead of having a car of your own. It will save you a quite a bit of money each month by having cheaper transportation instead.

6. Buy school supplies when they are on sale. You can save quite a bit of money each year of college. This is another great way to save money and not waste it.

7. Cook food at home instead of eating out at restaurants or the overpriced food in the college. Cooking food at home will save you a few hundreds of dollars each year in college.

Takeaways
  • Use different transportation such as buses, subways, trains, or car pool.
  • Buy used textbooks on the Internet.
  • Reuse items or computer equipment from years prior.
Comments
Showing Comments 1 - 3 of 3
 
 
Chloe, I think she means not enrolling in college to begin with until you have the money... There was also no mention of grants, either. You could always apply for as many grants as you qualify for. As Scott said, if you get a good loan, it's well worth it for a better education which will help you land a better job.

Posted on 02/21/2007 at 9:02:00 PM

 
how can you go to school without student loans when you don't have the money, and the tuition is due on the first day of the semester? You can't. I don't think #1 makes much sense :/

Posted on 01/29/2007 at 3:01:00 PM

 
Federal student loans are a great deal. Low interest rate and it's tax deductible. If I could go back, I would ignore your #1. Instead, I would max out my student loans and put the money into low-risk investments. A federal student loan is that good of a deal.

Posted on 01/19/2007 at 1:01:00 AM

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