Most students want to go to college to be successful, but can they afford it? Most students that want to go to college have to pay for tuition and other necessitates in full. Even the ones that get scholarships still have to pay for books and other things they need throughout their time (4+ years) in college. Most programs guarantee you’ll be funded, but it changes after a while. This causes students to have to pay for something. Some students have to work on campus and study at the same time, but not all get that opportunity. So how do they pay? According to a report released Wednesday, “about 60% of grad students don’t receive any kind of scholarship, grant, or tuition waiver that they don’t have to pay back.”

So,  you’ll get funded for a part of costs and the rest you have to pay no matter what. “For many students, it’s a combination of loans, and savings, or income that pays the bill.” Some students can even face up to $25,000 on their own in expenses for just one year. Now, if you’re a graduate who’s also a U.S. citizen, you can get a loan of up to $20,500 a year from an organization called the Direct Loan Program.

Some students think its unfair how grad students can borrow more money when they are undergrads, but the reason is because “the rates are higher and they can’t get subsidized loans,” as Kalman Chany stated, the author of Paying for College Without Going Broke From The Princeton Review. Many students are worried because they don’t know how long it’ll take them to pay their debts, and some even more worried don’t know if they can pay them back.

There’s many different ways to start paying your college tuition you just have to find what works for you!