Getting a handle on college debt - Los Angeles News | FOX 11 LA KTTV

Getting a handle on college debt

Posted: Updated:
ATLANTA -

As students get ready to head to college, many parents and students are looking for tips to handle money while in college so they are able to graduate debt-free.

College students are graduating with more debt than ever, and entering the next phase of their life with no clue how to handle this debt.

Rachel Cruze, financial guru Dave Ramsey's daughter, stopped by Good Day Atlanta and offered advice to help students prepare for college, and avoid costly mistakes that can leave them struggling financially for years to come.

Link: http://www.daveramsey.com

Tips:

You can be a student without a student loan
- Thousands of scholarships go unclaimed each year
- Get a part-time job and work during the summers
- Go to a school you can afford

College Students are the number one target of Credit Card Companies
- Parents need to talk to their kids about the dangers of debt
- You don't need a credit card to establish "credit" or for emergencies
- If can't afford it, don't buy it!

Parent's need to address common pitfalls before kids go to college
- Avoiding debt
- How to reconcile a bank statement
- How to budget time and money
- Getting a part-time job when needed

  • Good Day ArchiveMore>>

  • Back to School Jamboree with Hosea Feed The Hungry

    Back to School Jamboree with Hosea Feed The Hungry

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

    Hosea Feed the Hungry will host their annual Back to School Jamboree on Sunday, July 13, 2014 from 10:00 a.m. until 3:00 p.m. at Turner Field. Children will receive a backpack filled with school supplies.

  • Good Day Atlanta

    Enjoy lighter fried chicken

    Enjoy lighter fried chicken

    Tuesday, August 19 2014 9:27 AM EDT2014-08-19 13:27:57 GMT
    Enjoy this lighter, healthier fried chicken recipe with Chef Curtis Aikens!
    Enjoy this lighter, healthier fried chicken recipe with Chef Curtis Aikens!
  • Girl Scouts of Greater Atlanta hold fall membership blitz

    Girl Scouts of Greater Atlanta hold fall membership blitz

    Tuesday, August 19 2014 8:41 AM EDT2014-08-19 12:41:05 GMT
    It all began with 18 members in Savannah, GA back in the early 1900s.  Now, there are more than three-million Girl Scouts across the globe, including
    It all began with 18 members in Savannah, GA back in the early 1900s. Now, there are more than three-million Girl Scouts across the globe, including thousands in Great Atlanta, and the organization hopes that numbers just keeps growing.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices