Finding ways to pay for college is not always easy. Some students get themselves into debt by using credit cards, and some find alternative routes such as the military to take care of their tuition.
- The average undergraduate has $2,200 in credit card debt.
- If a student sticks to the minimum payments it would take a student more than 12 years and $1,115 in interest to pay off a $1,000 bill on a card with 18 percent annual rate.
- The interest rate can be as high as 20 percent for the unpaid amount left over each month.
The
GI Bill has helped many men and women get an education, after serving
or while serving in the United States Military. To apply for it
you must prove that you have been active military for at least one
year, and then submit all your paper work to the government to get
approved.
Click here to follow one soldier's journey to obtain the GI Bill.
Click here to follow one soldier's journey to obtain the GI Bill.
About 65 percent of Towson students are using their credit cards to pay off college tuition. After graduation many students are regretting it because the interest adds up.
To read more click here.
GI Bill pays for soldiers
Military men and women are applying for the GI Bill so they may further their education at top universities, while having the military pay for it.
To read more click here.
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Slideshow: A day in the life of a soldier
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