How To Pay For College

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“Many people worry about paying too much, being caught in a loophole or a large amount of debt- making the investment stressful.” College is a lot of money because you have to pay for tuition, books, and other supplies. About $8,700 have been given in public or in-state tuition, about $19,800 were given in public or out-of-state tuition and about $31,380 were given in private tuition in the years of 2014-2015.There are three ways you could handle the situation. Apply for scholarships, take out Federal student loans, and/or private student loans.

Applying for scholarships is a good way to pay for your tuition for college. As stated in the text “Literally everyone could get a scholarship and the money you receive goes directly towards the cost of college.” You don’t even have to be a sports star to get a scholarship you could get one by just being over 5’10”, also you could get a soccer, art, math, or even calling ducks. There are also websites that give away over $100,000 in tuition. As you could see applying for scholarships is a very good tuition funder and could help almost anyone. …show more content…
Federal student loans are a great way to pay for tuition. According to the article, “Federal loans are the most abundant loans, and usually have the best benefits and the lowest interest rates.” The interest rates are as low as 4.66% and doesn’t have to be paid back until six months after your graduation. Without this option students would have to work 991 hours at minimum wage to pay for one year of in-state tuition and fees at a public university. So without taking out a federal loan you would have to work your butt off to get that tuition money for

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