Borrowing money does not make a college affordable!
As four-to-five million 2017 H.S. grads head off to begin college as a freshman, parents are seen crying on every campus across America as they drop off their child. Tears of joy perhaps, maybe tears of pride, but just maybe some of these tears are mixed with fear of college costs and imminent debt.
Ahh, the new college graduation class of 2021. Lost in the excitement for thousands of parents is the expense on the family that college will bring. Make no mistake about it, college is a debt-fueled industry. Students will borrow $70 billion from the Federal Government through the Stafford Loan; comprised of student-loans which cap out at $27,000 over four years. Parents will borrow on average three times that amount, approximately $210 billion. This adds up to a loan total for the class of 2021 of $280 billion. That's debt-fueled and that's astounding!
Don't blame the colleges though. And don't look to the government to bail you out years down the road. These are willful decisions of parents. I love JFK's famous quote-
"Let us accept our own responsibility for the future."
What can you do? Accept responsibility and decide to understand the implications of the business transaction you are about to encounter. We have the implications covered right here in our book, available to you in digital or hard-copy.
This book exposes the college methods and interests. It exposes the parent's weak tendencies. And it gives you my Top 10 Strategies that's proven for saving thousands on college costs. What else could you want for $10? Ok, here's more, it will help you get college right for your child and family!
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