Debt for College is Dumb

www.debtshepherd.com If you’re thinking about financing your college education, think twice. Look at a cheaper alternative like online accredited universities. The cost of an average private university in The US is about 000 per year. Back in the early 70′s it was about 00 per year. That’s an 800% increase! The government is making it easier to borrow money to go to school. Do you really want to have a 4 year degree and be over 0000 in debt before you’re 25 years old? That’s not a smart personal finance plan. It would take you many years to become debt free and you’re just getting started. Education is a product. Services rendered, money paid. Look at your options before you dive into student loan debt. And by the way, you can’t include student loans in a bankruptcy. To Your Financial Freedom, Greg Whitaker http
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Big Bills Blog is a personal finance blog discussing issues such as debt, finance, credit cards, banking and loans to help you reduce debt and save money easily with advice from experts.

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