Managing Debt

Students should avoid or minimize debt whenever possible. While this advice is generally applicable, potential borrowers at Boyce should know that mission organizations and churches will sometimes refuse to hire candidates with too much debt. Boyce provides the following resources for students to plan and manage their debt.


Christian View of Debt

How Should Christians View Debt? – Christian Financial Advisors Network

The Bible’s Three Big Lessons on Debt – Tim Challies


Cost Calculators

College Cost Comparison Tool – MEFA 

Student Loan Repayment Calculator – MEFA


Planning Your Borrowing

Estimated Income by Degree – U.S. Bureau of Labor Statistics 

Borrowing Tips and Important Terms – MEFA

Tips for Borrowing Money for College While Minimizing Student Loan Debt – PNC

Student Loans: Stop Stressing, Start Planning – PNC


Managing Debt while in School

Budgeting – BeLoanSmart (KHEAA)

Tips for Paying Off Student Loan Debt Faster – PNC

Tips for Repaying Student Loans – Sallie Mae