Sunday, July 8, 2012

Avoid the Student-Loan Debt Trap

Some times straight forward common sense advice is worth repeating.  Often times over and over again.

I came across this Kiplinger article which usually pumps out common sense investing and straight forward financial advice.

Ways to avoid heavy uses of student load debt:

  • Double down on savings
  • Pick a school you can afford, seems like an obvious point but you would be surprised
  • Go a different route, see this WSJ article
  • Know what you are getting into
  • If you must borrow, use federal loans



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