Debt Consolidation USA Educates Parents and Students to Help Keep the Need for Student Loans Low

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Debt Consolidation USA publishes an article on their website to reveal tips on how to keep student debt from being too high.

All it takes is some preparation to keep college education costs low.

In an article published on September 17, 2013, Debt Consolidation USA uses their website to help parents and college students find tips to lower the need for student loans. The website believes that all it takes is some preparation to keep college education costs low. The goal is to lower the amount that the parent and student will have to loan to finance the higher education that is being pursued.

The article titled “7 Ways To Save For College” starts with a description of how student debt is continuing to be a problem. It puts graduates in financial debt even before they can afford to make the payments. To avoid making college education akin to a debt pit, the article provided 7 ways that consumers can keep the loan amount from being too high - or if possible, eliminate it completely.

Debt Consolidation USA encourages parents and students to work together to make this possible. The article begins with 4 ways that consumers can put aside the funds needed for college education.

1. Put aside a percentage of the parent’s income every month. One way to prepare for college financing is to simply take a portion of the parent’s monthly compensation and save it for their kid’s school expenses. Parents are encouraged to start as early as they can.

2. Use prepaid tuition plans. There are programs like Section 529 that will allow parents to set up a type of savings account for college fees. This account permits them to pay for a portion of the tuition fee when their child goes to college. The rate will be, of course, based on present value of the school costs. But when used by the time the child goes to college, it should be bigger. It will be like having a savings account with an interest that grows in the same rate as tuition fees.

3. Look for scholarship programs. There are many companies and even universities themselves who offer scholarship programs to talented students. This is one option to keep the student from having to borrow money for college.

4. Make the student work for it. Although some parents may be against the idea of making their kid work, this may be a good idea to teach them the value of money and education. If they are physically up to it, let the child decide to work every summer to save up for college.

The article published by Debt Consolidation USA also reveals 3 ways to help lower student debt that probably never occurred to some parents.

5. Instead of gifts, request that family and friends give to the college fund. This is an indirect way of asking for help to finance the child’s tuition - at least if they are close relatives and friends.

6. Use online shopping sites that provide incentives with every transaction. Usually, these incentives come in cash back rewards that can be used to add to the college fund.

7. Go to community college. Instead of making the student go to the university immediately, they have the option to go to the local community college. The article explains that most subjects on the first two years are generic subjects. These can be taken from the local college and that should save some money on tuition fees and board and lodging.

All of these tips are meant to make college education affordable without too much student debt. To view the article, visit Debt Consolidation USA or visit this link:

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Adam Tijerina
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