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College costs skyrocket, cut back on other spending

Published: Sunday, August 23, 2009

Updated: Wednesday, June 29, 2011 11:06

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Taiwo Odeyale

(ARA) - Students and their families paid on average from $108 to $1,398 more in the 2008-09 school year than the previous year for tuition and fees, a trend that is likely to continue well past 2009, according to the College Board. Despite financial aid, many students and their families are cutting back on spending wherever possible, saving money to buy textbooks and other necessities rather than expensive back-to-school clothes.Going back to school? Here are some simple ways your family can save:

1. Don't double up: Call your roommate(s) and coordinate who is bringing what. No sense splurging on a microwave if your roommate is already planning to bring one.

2. Smaller is better: Buying in bulk may seem like a good idea, but food can go bad, storage is limited, and it's easy for bulk items to go to waste. Buy only what you need when you need it, and if you want more, go back.

3. 'Tis the season: When packing for college, buy only the clothing that you will need for fall; like sweaters, jeans and a light jacket.

4. From trash to treasure: For furniture and items like lamps, desks and bedside tables, shop at garage sales.

For one-stop shopping try Wal-Mart, Target and K-mart or Bed Bath and Beyond. Find everything from school supplies to toiletries, and re-stock their wardrobes.

Courtesy of ARAcontent

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