School is out and high school seniors are dreaming of college life. College is an exciting time for young adults, but with this comes a lot of financial responsibility. Between college tuition, room and board, spending money, and trying to have a good time, money can be pretty tight. Unfortunately, many college students fall into a few major money traps that can follow them around for more than a decade.
Just a few poor decisions in college can hurt your prospect of getting a car, finding a mortgage, or even landing that dream job. So, instead of getting caught off guard college students should be aware of some of the major money mistakes and make an effort to stay out of trouble. If you do, you'll be well ahead of your peers after graduation. Here are the top five money mistakes college students make.
Here. Here. I would even go as far as to say no to any student loans. We have friends who after 20-30 years are STILL trying to pay them off.
And one is not even using the degree! Pay for college the old fashion way. Work and private grants.