College Students Cannot Save Money

When planning for college, the typical student factors in the costs of tuition, books, and board. While many students feel that they are prepared financially, most students fail to include the expenses of things they may encounter during college. Things such as Greek life, partying, and buying meals are activities that many students participate in. Over the course of a student's life at college, these activities cost large amounts of money. Living away from home forces students to pay for most of their daily needs on their own. Each year students dig their way deeper into debt while in college because of all the extra costs. Although many students have college budgets prepared, a large majority of students are faced with extra costs not planned for.

* Create a budget- creating a budget will help you not spend more money than you have. Creating a budget will also help you stay out of debt.

College today is so expensive that most people that are fortunate enough to attend, end up having to take out student loans at one point during their collegiate careers to help pay for their tuition and other fees associated with college. If people do not manage their student loans right, the debt can pile up and put you in very shaky financial state, and have major impacts on ones life as well as others too. There are ways that you can manage your student loans, and pay them off in an effective and timely manner such as: paying of the most expensive loan s first, picking the right payment options, staying in touch with your lenders, and paying more than the required

College is a heavy financial burden. That is why understanding money saving at a young age can help you in the end. Many look past the point of having to pay for college and go ahead at it blindly. Most who do this will end up signing the papers for student loans just so they can pay for college. Signing up for student loans can lead to many bad situations some of which include debt and dropping out of college. This is why it is crucial to try and stay away from student loans and pay cash for college.

Many college students face this same struggle of deciding the rest of their future right out of high school. Unfortunately, freshman college students are under educated about their finances and tend to over borrow when they come to college. Student loan debt is a major problem in America that could easily be fixed by educating students before they are allowed to borrow large sums of money.

College debt has been a huge issue for college students all around the world. It is time that someone helps these college students stay away from getting a massive debt. There are several different ways a college student can avoid this problem. For instance, applying for loans, applying for scholarships and getting a job in high school are three easy solutions to controlling college debt. Although, the best solution for managing a low college debt is to have a job while attending high school.

Loffler-Gladstone, Nicole explores the best ways to save simple dollars throughout college teaching perfect examples of sharing the ideas so everyone can save. To saving on text books to applying for financial aid. The part that I find that I need to include in my article is sharing and the benefits of a community and students in college to be active and share with each other, Especially those coming into college because if we educate more students they can continue to share this knowledge and we can save more dollars slowly. Loffler-Gladstone does a nice job explaining exactly what a student should know before, during and after school, simple examples such as the importance of having a savings account with an accumulating balance to prepare

not take advantage of all their opportunities to be financially stable in college. Students spend

The college experience is an ecstatic and a stressful period in a person’s life. Young kids have dreams of attending college, but are not accomplished because of their deficit in money. A primary concern for college students’ is how

Many don’t start saving for their college lifestyle until it is too late which makes you take out ridiculous loans that will set you back years upon years at the least. Student loans and the experience in college is the main reason why some do not attend college at all. “ The main barrier is financial… ⅔ say a major reason for not continuing their education is the need to support a family.” (Source D) This is a sad struggle to set into view. I believe that if you start saving at a young age you will never have to deal with this bitter reality of student loans. Lastly many students views are that college is way to expensive and in the end totally not worth it for those with financial struggles. “... Some financial drawbacks. … students who take out loans to pay for school should consider the amount they will be obligated to repay.” (Source B) I know that with a lot of hard work and lots of saving, then the result will always be positive and your on your way to an amazing college

Money is a necessity in life and is a constant worry for college students especially when you take out a $10,000 loan. Financial aid has replaced studying as the biggest worry for college students. The objective of college is to learn and grow as a person, but is limited by financial capabilities which is a big problem for the U.S. education system and prices continue to go up. Main focus is having to focus on rigorous studying, students may also have to work to stay in school. A student is paying college through a $10,000 loan and working a part time job 20 hours a week. John wonders if getting a credit card will help him financially. The best solution is to attain a credit card that has student benefits included and will make it easier to protect and keep track of your money.

A lot of students find themselves in financial trouble. Especially, if you only work a certain amount of hours. Students have trouble maintaining finances because they have mostly lived off of parents and/or guardians since birth. For most students, college is usually the first time away from home. It can be difficult to adjust. Overall, learning to manage money can be a daunting task for anyone, but especially when you are young and just starting out.

As I was once a low budget college student myself, I am well known to this situation and have found many solution to it. As a college student, I know that I am able to share my knowledge of saving money with other college students.(credibility statement & relevancy)

Budgeting can be very difficult, nevertheless for college students, so I will be explaining how to budget in college by making smart decisions. A college education is probably one of the most expensive purchases a young adult will most likely ever purchase in their lifetime. College can be very expensive as a consequence tuition can range anywhere from 10,000 to 70,000 a year. Nearly all college students pay for college by a college fund, scholarship/grants, out of their own or parent's pocket or borrowed money. Despite the fact some of those payments aren’t directly coming from the student it is more than likely that they still don’t have a stable income to provide themselves with basic necessities. Most colleges don’t provide students with basic necessities which means they acquire to go out and obtain everything needed as far as food, supplies, books, also toiletries. The average college student spends anywhere from $200-$700 a month on just the articles they need. While on articles they want they spend anywhere from $20-$200. More than likely that most college students don’t work, notwithstanding first-year students and athletes, which is a large population of the school anyway. Today most students aren’t obtaining a stable cash flow and even the ones who are from allowances or a job tend to still most likely struggle with budgeting. Budgeting can be a very difficult task even for adults or people making a substantial amount of money, but it’s not impossible if

Do not live a life that you cannot handle, spend within your means. Be honest with yourself, if you can’t afford something, don’t buy it! Affordability is much more than the amount of money in your bank account, it also is how long it will take for the money you spent to be back in your account. Think of your finances as a long term process, not a short term fix. This is also why you should limit your credit card usage. If you rack up your credit card and lose your sole source of income,