Answer:
Step-by-step explanation:
Here are two ways that potential students could decrease any debt that they acquire if they need to take out a student loan while studying:
Look for scholarships and grants: Scholarships and grants are forms of financial aid that do not need to be repaid, unlike student loans. Many universities and organizations offer scholarships and grants based on academic merit, financial need, or other criteria. Potential students should research and apply for as many scholarships and grants as possible to reduce their need for student loans.
Work part-time during school: Working part-time while in school can help students reduce the amount of money they need to borrow for their education. Many universities and colleges offer on-campus jobs that can be tailored to students' schedules. Students can also look for part-time jobs off-campus that fit around their class schedules. By earning some money while in school, students can pay for some of their expenses, reduce their dependence on student loans, and minimize the amount of debt they accumulate.