Get into the habit of budgeting early. Students can start tracking their spending patterns with an app (such as Mint.com) or through a spreadsheet.
“College is a transition from a sheltered existence to the real world,” Kantrowitz said. “It’s a good time to learn how to manage money.”
The Department of Education pays the interest on certain federal loans as long as your child is in school at least half-time, is in the six-month grace period after graduation or has a deferment.
However, interest accrues during college for private l…
Read the full article at: https://www.cnbc.com/2018/03/28/three-tips-to-keep-your-college-student-from-drowning-in-debt.html
