Getting out of our homes and moving on to colleges has its own perks. Beginning from the additional freedom to pursuing our dreams, the benefits are varied. However, these benefits also usher with them a host of new responsibilities out of which our fiscal responsibilities become the most worrisome. This is why the term “college student” is almost synonymous with the word “broke”, but there are a number of ways students can avoid this situation.
Loans – This is where it all begins, the dreaded but indispensible student loan. College tuition, coupled with the residency charges often have us running for various kinds of money loans, and the two main sources of education loans are (a) federal student loan (b) private student loan.
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