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Students seek more bang for buck appeared in The Towerlight today which talks about how community colleges are reporting increased enrollment. Community colleges are usually much cheaper than traditional four-year colleges and because of the state of the economy most students are looking for the cheaper way out. Students are beginning to choose their schools based on money, not whether they like it or not. 

It is hard to afford college whether it be a community college or traditional four-year school. Many students are transferring to an instate school or transferring from a four-year school to community college, which is reverse of what used to happen. 

Many college students don't live on a budget in college which really hurts their financial future. I am guilty of it too sometimes, we all are at times, especially when that new outfit is calling our name but living on a budget is key to surviving the college years. Everyone should figure out exactly how much money they need to pay out in bills and then with what ever amount is left over some should go into a savings account and the rest can be spending money for the week. Saving accounts are necessary at any age because at anytime something unexpected could happen that a large lump sum is needed up front. 

So this week I encourage everyone to start looking at their income and compiling all bills that you pay out each month and determine your spending limit for each week.