How do people afford college?


College is something that takes a while to save up for. If college is something you would like to do, then I would set aside money with each pay check and put it in a separate account until you have enough saved up. If needed, there are loans out there that you can apply for but the ideal situation would be to save for a few years so you don't have to take out any loans.
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The standard recommendation for a mortgage payment is 25% of your take-home pay. Knowing that amount will let you know how much house you can afford. Look here for more information:
1. Determine what percentage of your monthly income you want to spend on loan payments. For a mortgage, Bankrate suggests lenders will not issue a loan above 28 percent of your monthly
1. Look for scholarships and grants. Schools and organizations give away billions of dollars in scholarships and grants each year, specifically for the purpose of helping people afford
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2 Additional Answers Answer for: how to afford college
How to Afford College
Affording college has become more and more difficult as college tuition costs rise and parents in tighter financial situations struggle with funding their college-bound kids. Knowing your options may help you plan better and ease your concerns.... More »
Difficulty: Easy
The best way to afford college is to get scholarships. Apply for them early and the more you apply for, the better your chances of receiving some money.
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