News13 ConnectsGood With Money

Actions

Good with Money: Escape student loan debt, apply for scholarships

Student debt crisis, understanding the costs
Posted
and last updated

LAS VEGAS (KTNV) — Americans owe more than $1.53 trillion in student loan debt.

Research shows that 1 in 4 Americans have student loan debt, that is nearly 45 million people.

RELATED: Good with Money: Helping military members navigate finances

For most students college is not option simply because they can't afford it, but UNLV student Sebastian Cardenes understood that opportunities in life start with education and going to college was a priority.

Cardenes' high GPA in high school earned him several scholarships to attend UNLV.

RELATED: Good With Money: Living paycheck to paycheck

However, most students don't finish first in their class and the struggle to pay for college can be overwhelming.

RELATED: Good with Money: Millennials, financial advisors share budgeting tips

The Public Education Foundation says there is money available but you have to look for it.

Las Vegas has a lot of resources for scholarships, including the Savings program at the Nevada State Treasurer's office.

RELATED: Good with Money: How to prepare for a big purchase

For more scholarship opportunities visit The Public Education Foundation and The Nevada State Treasurers office.

Editor's note: Good With Money, sponsored by Subaru of Las Vegas and America First Credit Union, is part of the 13 Connects program. Our mission is to make a deep impact on the critical needs of the Las Vegas community, with the help of our partners.