It's the time of year when people begin getting acceptance letters for colleges. It is also the time when people being to realize just how much college is going to cost. It's easy to think just about the cost of tuition, but many people forget to add on living expenses, textbooks, and other costs that spring up along the way.
You can end up borrowing so much money hat you have a hard time getting ahead financially. It is frustrating to graduate with a mountain of debt, and to feel financially strapped from the time you land your first job. You can reduce the amount that you borrow through careful planning and budgeting while you are at school. Take the time now to work out a monthly budget and to determine if you will need to work during the school year to limit the amount that you have to borrow.