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According to College Board, college tuition is nearly $10,000 per year at a public college or university and nearly $35,000 per year at a private college or university in the 2017-2018 school year in the US. This can be a major financial problem for future and current college students.
If you think that sounds bad, it gets even worse.
Paying for college is more than just considering how you are going to pay for college tuition. You must consider room and board fees, textbooks, school supplies, dorm supplies, car insurance, cell phone, etc. Those costs start to add up very quickly!
How can you keep these costs down with the goal of graduating without debt? First, the following tips will work even if you are already in college working on your undergraduate, graduate, or doctoral degree! Follow the steps below:
1. Create a realistic budget.
2. Research colleges with price tags within your budget.
3. Complete the FAFSA (even if you don’t think you will qualify for federal aid).