Monday, December 3, 2007

How do I pay for College?

If you are reading this post, it probably means that you have made one of the most important decisions of your life; obtaining a college degree. College graduates make on average over a million dollars more over a life time than those with only a high school diploma. The college experience will be the best four years of your life, and I hope that you appreciate the time that you spend there more than I did. The time will fly by faster that you can fathom and before you know it you will be entering the work force as a young professional.

Now that you know that you are going to attend a college or university, you are going to have to figure out how you are going to pay for it. Some of you may be incredibly fortunate and have a trust fund in your name or parents who can afford to pay for your tuition. A majority of college students, however, need to take out at least a moderate sum to help offset the rising price of tuition.

The purpose of this site will be to explore the various way to supplement the cost of a college diploma. There are many factors to be considered when borrowing money, and I hope to provide advice so that you will make well informed decisions.

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