5 Ways to Graduate from College Student Debt-Free

As educational costs rise across the country, an ever increasing number of students are taking out advances to pay for school. Yet, here are five approaches to move on from school obligation free.

Textbook Rentals

Educational cost isn’t the only costly expense. textbook costs are additionally rising rapidly. As indicated by the Bureau of Labour Statistics, textbook expenses have risen 82% in the most recent decade. The College Board gauges that the normal college student will spend over $1,000 on books and supplies. To relieve that cost, online sites like Amazon and Booksrun.com offer textbooks on rent to give temporary reading materials to students at a small amount of the sticker cost.

Make and live on a Budget

Living on a financial plan creates sound spending abilities and instructs students to deal with their funds.  Start thinking about money in an analytical, logical way to avoid excessive debt. Set realistic goals for spending and saving. In doing so, you can prevent the stress of getting behind on bills while actually getting more fun and enjoyment out of the money you spend.

“No-Loan” Colleges

“No-advance” schools give chances to undergraduates who meet specific criteria, for example, being qualified for the Federal Pell Grant. Most schools with these projects still have students take out advances, yet at a much lower rate than most other credit structures. At a few schools, understudies are required to add to their educational cost as low maintenance understudy work. In either case, the no-advance projects give achievable subsidizing and helps decrease understudy obligation.

Junior college transfer to four-year programs

Getting in two years then transferring to a four-year program could spare students a huge number of dollars. Two-year schools are altogether more affordable, and they enable understudies the chance to finish almost all degree essentials. Only 17% of junior college understudies take out government student advances, contrasted with 48% of understudies at four-year open organizations who utilize advances to back their schooling.


There are many different sources of grants for student loans. The federal government offers several grant options through various departments, such as the U.S. Department of Health and Human Services.

You can also find student loan repayment grants offered by your state. Operated independently from federal programs, states offer grants and incentives to encourage graduates to live and work in fields with shortages, such as in engineering or healthcare.

In 2014, very nearly 71% of four-year college education beneficiaries graduated with student debts, twofold the rate of alumni from 20 years prior. In the recent decades, tuition, school demands, and additional expenses have soared, and government help hasn’t kept up.

Being shackled with student advance obligation frequently leads to turmoil in one’s life and obviously, being sans obligation after school is an awesome approach to build salary and ascend in one’s profession. Look to use these tips to free you from stress and let you move forward with your life post college.

Adam Richards

About Adam Richards

Adam Richards is a semi-retired business professional originally from Bangor, Maine. He spent the majority of his career in sales and marketing where he rose to the marketing lead of a Fortune 1000 company. He then moved on to helping people as a career counselor that specifically helped bring families to self-sufficiency through finding them rewarding careers. He has now returned to Bangor for his retirement and spends his free time writing. This blog will be about everything he learned throughout his career. He'll write on career, workplace, education and technology issues as well as on trends, changes, and advice for the Maine job market and its employers.