Could the rich become the poor, and the poor become the rich? Could those in education today, find they are more in debt than those who simply went to work out of high school? These are big concerns, and as more students have a need to get student loans and student loan consolidation, the educated are facing big debts.

Stop! It doesn't have to be like that. You can get a good education, and still find yourself in a more prosperous situation after all of it. And no it does not mean having to search for all the half price items you want to buy, but can be done consciously without much effort.

The first point is research. And here a budget becomes important. If you have never done a budget before, don't fret because it is easy. Once you make up a budget, you will find that it gets easier, and you won't face the same problems that money others face, that don't make up a budget in advance.

Making a budget is simple. First you need to find out the main concern. When going college and considering taking out a student loan or student loan consolidation, the major factor is your education, and tuition. So, you would write tuition and next to it write the necessary costs.

Then you would consider what else. Books and other educational material could be another item. Then go forward to personal expenses. Where will you be living? How much is rent. Add all these items.

Next consider what else you need to include. Remember food, leisure, partying, etc. Once you have this total figure, you can figure out your position. This will allow you to plan ahead.

Now it is time to consider how you can make savings. Consider where you will be living. Could you find a good college without having to pay expensive rent in expensive areas?

Is there just as good a college locally to your home that does not need you moving and paying expensive rent? Just this alone could save you thousands. In a student loan, a thousand today, means paying back thousands tomorrow.

A part time job is another solution. Some companies in the field you hope to work in, after your education sometimes provide apprenticeships which could pay you and pay for your college education.

Thinking smart ahead can produce you results which many others won't see. Get creative. It does not mean missing any meals; it does not have to cost you. But often student loans, and student loan consolidation leaves many people in debt. You can break out, and have a future with more prosperity in your life.