How to Scale Down College Costs

College tuition is so expensive these days that most students will graduate with tens of thousands of dollars in student loan debt. This leaves students finding new ways to save money whenever and wherever they can. This post will give you a few ideas on how to save money while obtaining your degree.

Buy Used, Rent or Borrow Course Materials

One of the best ways to save money in college is to buy your course materials used or to borrow them from someone else. Unless you are absolutely required to purchase new materials, why not save a few bucks by buying used? Places to find new or used course materials are: your school’s website, online (Chegg, Amazon, CourseSmart), bulletin boards around campus, and the school bookstore. Course materials for a full-time student can cost $1200.00 or more each semester, depending on which courses you’re enrolled in. Saving even a few hundred each semester can really add up by the time you’ve graduated.

House Sharing

Living On-Campus can be very expensive. After your first year of college is over, you may want to venture out and explore your surroundings more. A great way to do that and save money would be to share a home with another college student. You can find more information about how to do this by contacting your campus’ housing department. They have the best resources specific to your college. I can tell you that house sharing usually means paying a small fraction for utilities, TV, and internet. This leaves more money in your pocket and the freedom to live and decorate the way you’d like to (within reason) because you’re not on campus.

Saving money while you’re in college may seem impossible, but it can be done if you know where to look. If you think that you’ll be okay with buying a used textbook that someone highlighted in or like the idea renting your books online for 60% off the price of buying it, you should definitely consider that. And if you have no problem sharing a two bedroom apartment with a friend, do it! You’ll save money and that’s a great thing when you’re a broke college student.