8/8/2023 – Expenses Beyond Tuition Add Up. How College Students Should Budget to Stretch Their Money.
- August 08 2023
- By: info@njcfe.org
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Expenses Beyond Tuition Add Up. How College Students Should Budget to Stretch Their Money.
August 2, 2023 | usatoday.com
You’ve finally found enough money to pay your college tuition, but what about everyday living expenses?
It turns out these costs, not tuition, are the major obstacle to earning a college degree, according to a 2021 study by the Center of Urban Future. Some students end up dropping out, while others turn to credit cards, thinking they’ll earn enough when they leave college to pay off the debt. The average amount students borrowed through credit cards was $1,309, according to a 2021 Sallie Mae report.
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