Want To Avoid College Debt?

Sometimes just being clever is the best way to save yourself money! From Good Morning America – Texas Man Builds Miniature House in Hopes of Avoiding College Debt!

Joel Weber said he’s determined to incur less college debt by living in the tiny, 145-square-foot house he built, rather than struggling to pay higher rent in his college town of Austin, Texas.

“I wanted a place to call home,” Weber told ABC News. “I wanted it to be affordable so I could be debt-free and let it be an investment to give back to the community — not just dumped into rent that I wouldn’t get any return on.”

Weber, who will begin his junior year at the University of Texas at Austin, said it can cost upwards of $800 a month to live in the area near his school.

Click here for more of the article

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Student Loan Calculator

From the Hamilton Project, here’s a great tool for calculating the costs of your student loan. It’s important to have an understanding on how much you are borrowing, what your monthly payments will be once you graduate, and how much of the money you owe is actually interest.

As yourself the question – How hard will it be to pay off my loan?

Click here for the calculator

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