Cutting College Costs with a Little Help from My Friends
Over the past decade, there has certainly been a growing trend toward online educational programs. However, there are many students out there still opting for the standard brick-and-mortar institutions.
Either way, there can be a variety of expenses that can come with a college education. Such costs can easily reach into the tens of thousands of dollars over the course of a college career.
Personally, I took the college campus educational route, but during my matriculation, I realized that the human factor while away at school can make a big difference in begin able to cut my college costs.
I saved several thousand dollars in college costs by taking on a roommate my senior year. Being able to split the rent with a roommate was a great way to cut costs as well as share expenses not only on rent, but things like utilities, food, entertainment, and similar items.
While I personally only had one roommate, certain friends of mine took on several roommates, decreasing costs even further by dividing the expense load among multiple people.
Before I had an apartment and a roommate senior year, I lived in a fraternity house in which there were nearly 60 of us living in the same building. It was akin to a hotel. And with this communal atmosphere came other fraternity brothers who — like myself — were majoring in business.
This meant that many of us had the same classes and relied upon the same textbooks for these classes. And in some cases — though not all — we could either share or exchange textbooks, reducing the cost of purchasing these books from the campus bookstore.
Transportation during college can come at a premium and be quite costly depending upon a student’s living location. Personally, I didn’t have a vehicle at school until junior year when I took on a part-time job. However, I was often able to share rides with classmates or fraternity brothers when we needed to head to the store for supplies or decided to take a road trip.
Even if I ended up throwing them some gas money or paid for some of their food while at the store, it saved me the cost of paying for vehicle insurance, gas, upkeep, parking, and similar expenses that came along with having a vehicle while away at school.
While college can be a time when furnishings are of minimal consideration, most of us still need items like beds, sofas, televisions, and the likes.
Again, I found it helpful in cutting costs being able to share such expenses with a roommate or make deals with cohabitants regarding who would be responsible for providing various furnishings.
We were also often able to pick up items like desks, side and end tables, entertainment centers and similar furnishing for pennies on the dollar or even for free from other students who were graduating and wanted to be rid of such items or who had just thrown them out in the trash.
Disclaimer: The author is not a licensed financial or educational professional. The information provided in this article is for informational purposes only and does not constitute legal, financial or academic. Any action taken by the reader due to the information provided in this article is solely at the reader’s discretion.