Reduce Student Debt Essay

Over the last few decade, the amount of change and rise of student loans increased significantly and with it increasing is a critical issue and it also increase the tension and stress it comes with because it affects the person mental health and wellbeing, it also puts tension on trying to manage to pay off the debt as soon as possible, and how it has become more of a critical issue to people through the decades but there also can be ways to minimize your student debt . Throughout the years the total number total of student has rised in the United States from 364 billion to 996 billion through 10 years (Andrew H.,2015), a big reason of why people decide that they need to get a student loan is to have enough funds to be able itself-deal with

some strategies to reduce student debt is to look for scholarships and grants by enrolling into them can help you get into school or give you certain amount of money to help you with school and you can use that towards paying for fees and such, you can also look at alternative schools such as community colleges because it can help you save money and still get an education on what you want to learn about. “There are programs such as work-study programs this helps you finical if you aren't able to make certain money for classes”(unity College) taking advantage of these programs will really help reduce your stress on how you will pay for them and will help you focus more on school than focusing on stressing on how you will pay your student debt off. when you are given options like this is will help your mind stray away from thinking about debt because there are places where you can get free classes and you can take advantage of them if they fit the certain type of field you decide to peruse, with all these it can help you try and not have to take a student loan out. Another way to manage from stressing about your student debt and managing it could be seeking financial planning you can use this to plan your semester looking at the ideal cost of how much a semester will be and if that will fit the budget you're on the Douglas website and many other post-secondary websites it “gives you option such as finical tool, and program cost with these two features it can help you plan a way to fund your education and the other giving you the total cost of the program books and anything else that is going to be need for the class”(douglas fincial aid page). With options like