Enjoy this guest post today from my blogging friend Glen at www.howtosavemoney.guru.
Avoid borrowing more money than you need
When I was first told that people in the US borrow money to go and live on campus (essentially borrowing to pay rent), I actually couldn’t believe it. Not only that, but my friend (who is from the US) told me that it is common place for students to do this.
I live in Australia, and while there certainly isn’t as many colleges to choose from as there are in the USA, the idea of getting a loan to pay for accommodation close to college just wasn’t an option.
Instead, I decided that I would attend a local college and utilize the public transport system to get to and from my classes. I had to plan my journey to fit within the transport timetable, but I also saved so much money.