Paying for College
I was watching a morning show today and they were talking about how a lady didn’t know what she was going to do because she owed $163,000 in student loans and was only earning $50,000 now.
The experts of course helped her negotiate the student loans down to a lower price for her.
Jack started crying so I didn’t hear if they said this or not but I would like to point out that if you can’t pay cash for college then you shouldn’t be going! Period!
Frankly I’m tired of hearing people whining about how they just “can’t” pay for their student loans because they aren’t earning enough.
Why is it people think it’s ok to have student loans on their backs for 10-20 years but they can’t take 6-8 years to go to school part time and work to pay cash for it?
The fact is you should be paying cash for college. For years people worked at night, on the weekends and in the summer to pay for it. They worked hard to get scholarships and grants to help pay for it. They worked hard to pay their living expenses; they scrimped and saved so they wouldn’t have any debt after school.
If you have kids that are planning to start college next year or are there right now encourage them to pay cash for it themselves.
You may have to start at a junior college to get the basics, work to get scholarships and grants and yes, go part time so you can work full time, to pay for it and your living expenses.
If you are a parent and feel the need to help your kids out with school that’s fine but all your debt should be paid off first including your house. If your house and debt is paid off then you will have the extra to help out.
Tawra
Continue reading Paying for College …
From Living On A Dime Blog » Living On A Dime Blog.
Paying for College
I was watching a morning show today and they were talking about how a lady didn’t know what she was going to do because she owed $163,000 in student loans and was only earning $50,000 now.
The experts of course helped her negotiate the student loans down to a lower price for her.
Jack started crying so I didn’t hear if they said this or not but I would like to point out that if you can’t pay cash for college then you shouldn’t be going! Period!
Frankly I’m tired of hearing people whining about how they just “can’t” pay for their student loans because they aren’t earning enough.
Why is it people think it’s ok to have student loans on their backs for 10-20 years but they can’t take 6-8 years to go to school part time and work to pay cash for it?
The fact is you should be paying cash for college. For years people worked at night, on the weekends and in the summer to pay for it. They worked hard to get scholarships and grants to help pay for it. They worked hard to pay their living expenses; they scrimped and saved so they wouldn’t have any debt after school.
If you have kids that are planning to start college next year or are there right now encourage them to pay cash for it themselves.
You may have to start at a junior college to get the basics, work to get scholarships and grants and yes, go part time so you can work full time, to pay for it and your living expenses.
If you are a parent and feel the need to help your kids out with school that’s fine but all your debt should be paid off first including your house. If your house and debt is paid off then you will have the extra to help out.
Tawra
Continue reading Paying for College …
From Living On A Dime Blog » Living On A Dime Blog.
Paying for College
I was watching a morning show today and they were talking about how a lady didn’t know what she was going to do because she owed $163,000 in student loans and was only earning $50,000 now.
The experts of course helped her negotiate the student loans down to a lower price for her.
Jack started crying so I didn’t hear if they said this or not but I would like to point out that if you can’t pay cash for college then you shouldn’t be going! Period!
Frankly I’m tired of hearing people whining about how they just “can’t” pay for their student loans because they aren’t earning enough.
Why is it people think it’s ok to have student loans on their backs for 10-20 years but they can’t take 6-8 years to go to school part time and work to pay cash for it?
The fact is you should be paying cash for college. For years people worked at night, on the weekends and in the summer to pay for it. They worked hard to get scholarships and grants to help pay for it. They worked hard to pay their living expenses; they scrimped and saved so they wouldn’t have any debt after school.
If you have kids that are planning to start college next year or are there right now encourage them to pay cash for it themselves.
You may have to start at a junior college to get the basics, work to get scholarships and grants and yes, go part time so you can work full time, to pay for it and your living expenses.
If you are a parent and feel the need to help your kids out with school that’s fine but all your debt should be paid off first including your house. If your house and debt is paid off then you will have the extra to help out.
Tawra
Continue reading Paying for College …
From Living On A Dime Blog » Living On A Dime Blog.
College students share their budget-cutting tips
Saint Mary’s College in South Bend, Ind., invited some of its senior business majors to share their budget-cutting tips with other students.
A snippet:
“Before the start of each semester set a monthly budget based on what you spent the prior semester and try to identify the areas where you can cut back.”—Amanda Huthwaite ‘10, Little Silver, New Jersey
Continue reading College students share their budget-cutting tips …
From Monroe on a Budget.
College students: Internship application season is starting
College students have a lot to do during the next few weeks: get your taxes done, get your parents to get their taxes done, seek out scholarships, write the scholarship essays, get the scholarship reference letters, file FAFSA, file CSS Profile and any other financial aid paperwork required by your college …
It’s also time to start looking for professional internships for the summer.
If all you want or need for the summer break is a run-of-the-mill summer job to earn some money, this task can probably be put aside for a little while.
But if you want to land the professional / career internship that’s going to be a resume credit, yes, you need to start looking now. My daughter told me today she’s found some internship applications that she will be following up on during winter break – while she is also working on scholarship essays.
Michigan.gov has a Michigan Intern resource page that includes a resume writing and cover letter tool kit. The site also explains how to use the Michigan Talent Bank to find college internships.
You’ll also want to talk to the academic dean or job placement office at your college soon after January semester starts to look up any postings they have received for students in your major.
Continue reading College students: Internship application season is starting …
From Monroe on a Budget.
College Solution: 7 things parents should know about study abroad
Does your college student’s goals include a study abroad program? If your student is going to take advantage of this opportunity, there will be a lot of logistical and financial details involved in the preparations.
Lynn O’Shaughnessy at College Solutions has this post: Studying Abroad – 7 Things Parents Need to Know.
A snippet:
Start early. Studying overseas requires completing lots of paperwork. The biggest pain for Caitlin was obtaining her student visa from the Spanish Consulate, which required a trek to Los Angeles with her file folder jammed with documents. Caitlin had double and triple checked the items she needed, but the consulate still rejected her initial visa request.
What was Caitlin’s omission? As instructed, she had brought a statement from our local police department that stated that Caitlin wasn’t a criminal. A consulate worker told her, however, that this letter had to be notarized by government employees with San Diego County and the state of California!
Tip: Stay in very close contact with your college’s study abroad office and / or the study abroad agency representative you are assigned to, and give yourself plenty of time before any applicable deadline to get the documents in order.
Continue reading College Solution: 7 things parents should know about study abroad …
From Monroe on a Budget.
College Scholarship’s Student Loans by the Numbers chart
The CollegeScholarship blog says on this chart on their site: Please help spread the word. You may embed the image in your blog or on other sites so long as you reference the original source. So here’s the link and here’s the chart!
Continue reading College Scholarship’s Student Loans by the Numbers chart …
From Monroe on a Budget.
College Preview Night Sept. 29 in Toledo
College Preview Night will be held from 5:30 to 8 p.m. Tuesday Sept. 29 at Fifth Third Field, 406 Washington St., Toledo, Ohio.
This information expo is free and open to northwest Ohio and southeast Michigan high school students and their parents. There will be opportunities to learn about the admissions process, financial aid process and scholarship opportunities.
There will be representatives on site from University of Toledo, Monroe County Community College, Tiffin University, Adrian University and several other colleges in northwest Ohio and southeast Michigan.
Speaker topics include ‘Making the Most of Your College Money,’ ‘Making the Transitition to College’ and ‘Importance of College.’
Fifth Third Bank is sponsoring a drawing for eight $1,000 scholarships to be held that night. Lourdes College and Bowling Green State University also will hold scholarship drawings at the event. Students must be present to win those awards.
For reservations for the event, go to mudhens.com/collegenight.
A note from your blogger: I recommend high school sophomores, juniors and seniors attend at least one college fair as they consider what colleges to attend or make formal visits to. My daughter was introduced to her college at a college information fair like this one.
Continue reading College Preview Night Sept. 29 in Toledo …
From Monroe on a Budget.
The College Smell Test
When it comes to figuring out whether something is still okay to eat, college students typically turn to their noses. Much like their cavemen ancestors, they smell a food item and then determine if it is safe to eat.
The only problem: 90 percent of the time their nose doesn’t know.
Continue reading The College Smell Test …
From Frugal Blog.
Packing college-dorm essentials
photo by phoosh
DEAR SARA: My baby is off to college soon. She will be living in the dorm about 75 miles away from home. We need to start getting together all the little essentials she will need. It has been a while (quite a while, actually) since I lived in a dorm. Can you help me come up with some items we might have missed? We know she needs long …
Continue reading Packing college-dorm essentials …
From Frugal Village.