You might be planning to do tertiary study in 2016, and wondering how you’re going to manage it all financially. Or you’re already juggling study and paying the bills, but it’s all a bit of a struggle.
The biggest debts students face these days are loan and living costs. It’s hard to avoid debt altogether, unless you’ve won Lotto or have parents willing to financially support you. But the choices you make and actions you take early on can minimise your long-term debt.
If you’re studying for a degree in an area where there is a real skill shortage, you’re guaranteed to net a job with great earning potential and may be able to pay off your debts quite quickly. However, many graduates are facing increasing competition for roles, and are questioning the value of racking up large student loans.
Whatever your situation, here are some ideas to get you thinking about ways you can cut your study costs: