Paying for college is dangerously expensive The greatest risk of preparing for your dream job with a college education is the common mistake of borrowing Student Loans to pay for tuition. The fact is that colleges and universities are purposely raising the cost of education to make a profit and lenders are raising interest rates at record highs Consider the trend over the last three years: The college graduate class of 2013 owed an average of $28,400 in student loan debt upon graduation, up 2% from the class of 2012. The average student loan debt for the class of 2013 exceeded $30,000. The interest rate on federally subsidized Stafford loans BEFORE July 1, 2013 was 3.86%. The interest rate on federally subsidized Stafford loans, AFTER July 1, 2013 is 6.8%. Although interest rates are causing more students to be in debt after graduation, YOU CAN AVOID THIS If you are a High School student who doesn't want to pay back insurmountable student loans with interest, Keep Reading "