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Borrowing more than you can comfortably afford to pay back is setting yourself up for a difficult financial future. A simple rule to follow is not to borrow more to pay for college than your expected first year salary.
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Extra semesters spent in school can significantly increase any student loan debt that you will need to pay back in the future.
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Every little bit saved helps reduce the amount you or your child may need to borrow to cover the cost college attendance. Check out these tips on how to start saving for college.
Student Loan Game Plan is an online, college planning tool that demonstrates how student loan debt may affect your financial future and presents ideas for a customized action plan to reduce borrowing for college.
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