Tip:
Highlight text to annotate it
X
http://geniesthreewishes.com GRADUATE WITHOUT DEBT | Debt Free College
Watch this video for ways to graduate college with little to zero debt!
In 2009, when this particular young lady was applying to her dream college, her parents
had one stipulation: graduate without debt. She burst out laughing.
There was no feasible way that a middle-class 19-year-old with average grades could attend
a college with a price tag of nearly $40,000 a year without taking out loans. But now that
she has graduated loan-free, she realizes how lucky she is that her parents made this
seemingly ridiculous demand. Figures from the Federal Reserve Bank of New
York reveal that 37 million Americans have student loan debt. About two-thirds of students
receiving bachelor's degrees borrow to fund their education, with the average student
debt at an all-time high of $26,000. Total student loan debt is estimated to be $1 trillion.
Only 38% of borrowers are making payments on their loans. The rest are either still
in school, postponing payments or not paying them back. Almost one in 10 students who started
repayment in 2009 defaulted within two years. At least 40% of student borrowers put off
a major purchase such as a car or home because they couldn't afford it, and many are delaying
marriage and families. The lesson here is that students should do
everything within their power to avoid this kind of debt. Although attending school without
loans is difficult, it is not impossible. Here's what she learned about avoiding the
debt trap: • Think creatively. This young lady attended
a college close to home during her freshman year because it offered a scholarship. She
also took classes online to save money. Some of her friends completed dual-enrollment classes
during high school, got college credits from the College-Level Examination Program in subjects
where they were already proficient, or attended a less expensive community college before
moving to a four-year school. Others attended trade or vocational schools instead of college.
The aim should always be: Reduce the number of credits you're paying for at the premium
rate. • Look hard for scholarships. She received
an academic scholarship and need-based aid through her university. She also received
several community and church scholarships and a matching grant through her father's
workplace. Searching for scholarships and aid is tiring but can definitely be a pay
off. • Use your skills. Figure out a way to use
your college interests to earn extra money—and to beef up your résumé and gain real-world
experience. This student competed on her university's speech team and worked as a videographer for
the college newspaper in exchange for several thousand dollars' worth of scholarship money.
Some of her friends received athletic or theater scholarships. Another friend who was an English
major worked in the on-campus tutoring center. • Generate income. There are creative ways
to make money. For this student, it meant raising and selling cattle (she said this
was one of the perks of being raised as a 4-H kid on a farm). A friend became a wedding
photographer, earning cash and working only on weekends. Her older sister taught piano
lessons. And a tech-savvy friend did Web design. These were all jobs that brought in money
without interfering with classes. • Make the most of summers. She worked full-time
but also spent time interning for film companies. Some of her friends found paid internships
during the summer, worked at camps, or took classes at community college for a fraction
of the cost. One friend of hers who did this was able to graduate a semester early, saving
several thousand dollars on tuition. • Live frugally. She had a 10-meal per week
plan and bought groceries for the rest of her meals. She also lived in a less expensive
dorm and had two roommates instead of one, which saved money on room and board. Figure
out simple ways to save money. Even if it's only $20 or $30 a month, it adds up over a
year. More than one financial-aid counselor told
her it would be impossible to graduate debt-free. Often times, she thought the naysayers might
be right. But persistence helped her pull it off. And even if she had fallen short,
she still would have had to borrow much less than the average student. She may not have
had as much free time as some classmates, but she enjoyed a rich and fulfilling college
experience while also graduating debt-free. Because she graduated without debt, she can
apply for jobs that she really wants—instead of feeling like she has to grab the first
one that will help her start paying off a student loan. Today, this particular young
lady is only indebted to her parents for making such an unreasonable request of her.
Now I'd like to share with you another way to fund your education . Again, it takes persistance,
but oh....is it worth it. Let me you about a 100% FREE program that
I do in the U.S., that's also available in the UK, and Canada to start making money online
NOW! This FREE system was created by my friend,
Jeff Buchanan. Jeff's system actually has ZERO FEES! Zero website fees. Zero maintenance
fees! There are no hidden fees later on. There are no up-sales after you get in for FREE.
You don't need to know how to set up a web site, how to blog, how to do SEO. You don't
FREE TRAINING TO START MAKING MONEY NOW!!! Jeff does most of the training himself.
the other make money programs out there like is because it cost zero dollars and zero cents
"Why should you spend any money on any product when you can do this one for FREE?"
Do not pull out your hard earned cash and spend money on another expensive program with
empty promises. You have a FREE program right here. You can get started for FREE. You can
start making money right away. It's 100% Free to get started!
http://geniesthreewishes.com