Education certainly does not pay for itself (with the exception of receiving grants), but there are some easy things you can do to save money for college whether you plan on starting or you need cash to pay your loans off. One easy way to save money for college is to put back a certain amount of money out of each of your paychecks for your college fund. For example, you might want to consider putting back $50-$100 out of each check into a savings account to fund college in the future. If you can't afford that, you can put back less, but every penny counts. You can even put your money into an account that accrues interest!