1. Party Hard

Let’s face it college is about partying.  If you don’t find the right balance you not only will not do well in school but you will accrue a huge amount of college loan debt.  This can be a huge challenge as there are many people who do not have to worry about college loan debt out there partying and it makes if hard to not join them.  College loan debt and consumption of booze (and other substances) are directly proportional to one another.  On the other hand the amount of brain cells you come out of college with is inversely proportional to your amount of college loan debt.

2. Not Knowing How to Cook

Hey what’s for dinner tonight?  Let’s order a pizza.  Sound familiar?  This will add to your college loan debt almost as much as your partying will.  Not knowing how or what to cook will lead you to the prepared food sections of the grocery store or to the fast food places around town.  Not only are these meals unhealthy but they are extremely expensive and will pile on to the bottom line of your college loan debt.

3. Having a Significant Other.

When you are trying to woo you are going to accumulate college loan debt.  It is a fact.  It also doesn’t stop, ever.  All of your eating out all of sudden tripled in cost because now you are paying for two and at nicer places – this should add significantly to your college loan debt.  Don’t forget birthdays and all of those insignificant I got you a two week and three day anniversary gift!  Say hello to more college loan debt.

4. Not Working.

You may think that your college loans will be affected by your extra income.  Not having a job means that every penny you are spending is adding to the total of your college loan debt.  This is not good especially if you are engaging in some of the above mentioned activities.

5. Not studying.

If you are not studying what are you doing? The answer is adding to your college loan debt.  The less amount of focus you place on your studies the more focus you are going to place on social endeavors which cost much more money than going to the library.  If you treat your studies like an almost full time job (6 hours per day) you are less likely to accrue a substantial amount of college loan debt.  Also by not studying you are less likely to be successful when you get out of college thus not having a good enough job to start repaying your college loan debt.  Therefore you will be living with your parents while trying to impress possible lifemates.  Not good.

If you avoid doing these mentioned things you should be able to keep control of your college loan debt to just tuition, rent, and books.  But you are human aren’t you?  It is extremely difficult to avoid participating in any of these activities and keeping your college loan debt to a minimum.  Check out the tips category for some pointers on how to get through school without additional college loan debt.  If you engage in these activities you will most definitely be in the market for college loans consolidation plan.

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