Reducing College Debt
US News & World Report released a rating guide of US colleges which takes into account quality indicators of over 1,400 institutions and further compares costs, including tuition, fees, and room and board. A number of resources are available regarding the best colleges and universities for 2008.
The top ten best values for national universities are similar to previous years’ standings with Harvard coming in at number 1, followed by Princeton, Yale, California Institute of Technology, Massachusetts Institute of Technology, Stanford, Dartmouth, Columbia, University of North Carolina-Chapel Hill, and Duke. Those national universities that graduated the greatest number of debt-free students were Princeton, CIT, and Harvard. (Incidentally, the amount of debt was also lowest in the same order.)
After choosing a college or university offering the best value for cost, it is also worth considering a variety of avenues to help pay for your education, as well as knowing which to avoid. Be sure to check out information on finding the best student loans, saving on loans, and avoiding scams.
Also, don’t forget the value of good old-fashioned hard work. While it is important not to load down a student so heavily that studies suffer, working to earn some of the funds to pay their own way can be an enriching experience, decrease later debt, create networks
Entry Filed under: Student Loan