November 13, 2009, Newsletter Issue #265: Cutting College Costs

Tip of the Week

Live at home during college. You can save a lot if you live in your parents´ home when you go to college. You might miss out on some ´classic´ college experiences, but your food and housing bills will be a lot lower. Or if you really want the residential college experience, compromise by spending some years at home and some years living on campus. Another method of saving on housing is to share an apartment with some fellow students, especially if you plan to work near school during the summer. But be sure to select your roommates carefully! On the other hand, commuting to college can be stressful due to late busses, heavy traffic, and the occasional car trouble. Keep in mind that you will learn more from your fellow students than from classroom lectures. So this may be one cost-cutting measure you choose to overlook.

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