Tuesday, June 13, 2006

Article: Tips on How to Pay for College

The rising cost of a college education seems to be a perennial topic in magazines and newspapers. A piece from USA Today yesterday highlights the problem: while the average college senior graduated this year with $19,000 in debt, some students are leaving college with debt that is much higher. What's the college student to do?

Enter this piece from U.S. News & World Report (free, via Yahoo! Finance), which offers a few tips on loan consolidation programs and other strategies to ease the burden of your loans. For example, some companies will offer a rate discount for consecutive payments made on time. It's definitely worth a look for those students who are trying to manage their debt as they consider their entrance into the workforce.

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