Kentucky college students often want to avoid student loan debt if possible. While tuition costs rise and many graduates stagger under the weight of overwhelming debt, some can avoid a lot of debt by starting early and preparing a college fund. Many find that the salary they earn and the payments they must make are not compatible because of excessive college loans.

Student Debt Relief provides some tips to help students minimize student loan debt. Students can take their time when earning their degrees if they need to work to pay for school. Some can start saving in high school or do part-time school and part-time work while they are getting their degree. It may take longer, but it saves money in the long run.

Also, The College Investor encourages students to take advantage of as many scholarships as possible. Many colleges and universities have scholarships that go unawarded because there are no applicants. Students should apply for as many scholarships as they are qualified for and stack them until they can pay for school. Federal financial aid is also available for some students who meet the income requirements for grants. Students should always apply for financial aid even if they do not think they will get it.

Students should also avoid the temptation of credit card debt. Some companies will set up stations right on campus to help students get a credit card with what appears to be free money. Those who use credit cards find themselves not only with student loan debt but also excessive credit card debt on top of that.

While debt can seem paralyzing at times, the reality is that it is often necessary to get a college degree for a better future. Although student loan debt may not be discharged under bankruptcy, other debts can. Bankruptcy is a valuable option for those who want a fresh financial start.