Lie #1- We Are The Best
We visited many colleges with our three children as we helped them navigate their choices. Each college we visited, both public and private ALL said the same thing: We Are The Best. That statement alone is purely subjective unless you put some conditions around it. This is just a strong opinion voiced to entice the new college recruit. But surely not every college is "The Best."
Lie #2- College is Worth the Price You Pay
"College is worth the price" is certainly a controversial statement, especially considering that all of my family members are graduates. I and my oldest son have Bachelor degrees. My wife and daughter both have Masters Degrees and one son has his PhD. If your vocation follows your education, then it is likely worth the price of admission. But the underlying lie here is that everyone needs to go to college BECAUSE you will follow your vocation and make the price of admission worth it. You see the subtle lie here?
Not everyone should go to college. That is especially true if you have to pay for this college debt for the next decade or so. This is one debt that bankruptcy courts will not forgive. College is not always worth the price you pay.
Lie #3- You Have Enough Time and Money to Pay Off Your College Loan
Depending on the institution, you may be given a plethora of options to take out loans by co-signing for your student. Ultimately, no matter their graduation date, you are responsible. The college wants to make it so easy for you to get your child into school that it is almost a slight of hand--just fill out these papers and your child is welcome.
While you can delay the start of loan payments after graduation, it is very serious when you begin to run late on the payments. It can quickly ruin your credit score and all sorts of nasty things occur. The school knows it, but you don't hear much language about the side effects of defaulting on a college loan.
Lie #4- Your Student Is Valued
There is no question that your student will be well cared for in college. If there were any type of abuse, the college would not be around for very long. But to get to the core of this lie, you have to follow the money. Which students most often get college scholarships? Athletes! Why, it's because good athletes give the college a good name. They are like human bill-boards and they become an asset to the college; they get the tuition.
But if your student isn't lucky enough to fall into the "asset" category, they become a liability. "Liabilities" (or their parents) have to pay their own way. Don't be duped by the lies purported by the colleges. Make an informed decision. Above all, pay off your debt as soon as you can.
Are you seriously looking for a way to get out of debt? Do you have just a few extra hours each week to earn enough income so you can pay off your loan? PAY OFF LOAN QUICKLY. Wally Kassebaum is a professional consultant in the home business, accounting and IT industries. If you hate debt and want FREE information, then click here I NEED HELP NOW. Only serious inquiries for this FREE information.
Article Source: http://EzineArticles.com/?expert=Wally_Kassebaum
Article Source: http://EzineArticles.com/8363352
We visited many colleges with our three children as we helped them navigate their choices. Each college we visited, both public and private ALL said the same thing: We Are The Best. That statement alone is purely subjective unless you put some conditions around it. This is just a strong opinion voiced to entice the new college recruit. But surely not every college is "The Best."
Lie #2- College is Worth the Price You Pay
"College is worth the price" is certainly a controversial statement, especially considering that all of my family members are graduates. I and my oldest son have Bachelor degrees. My wife and daughter both have Masters Degrees and one son has his PhD. If your vocation follows your education, then it is likely worth the price of admission. But the underlying lie here is that everyone needs to go to college BECAUSE you will follow your vocation and make the price of admission worth it. You see the subtle lie here?
Not everyone should go to college. That is especially true if you have to pay for this college debt for the next decade or so. This is one debt that bankruptcy courts will not forgive. College is not always worth the price you pay.
Lie #3- You Have Enough Time and Money to Pay Off Your College Loan
Depending on the institution, you may be given a plethora of options to take out loans by co-signing for your student. Ultimately, no matter their graduation date, you are responsible. The college wants to make it so easy for you to get your child into school that it is almost a slight of hand--just fill out these papers and your child is welcome.
While you can delay the start of loan payments after graduation, it is very serious when you begin to run late on the payments. It can quickly ruin your credit score and all sorts of nasty things occur. The school knows it, but you don't hear much language about the side effects of defaulting on a college loan.
Lie #4- Your Student Is Valued
There is no question that your student will be well cared for in college. If there were any type of abuse, the college would not be around for very long. But to get to the core of this lie, you have to follow the money. Which students most often get college scholarships? Athletes! Why, it's because good athletes give the college a good name. They are like human bill-boards and they become an asset to the college; they get the tuition.
But if your student isn't lucky enough to fall into the "asset" category, they become a liability. "Liabilities" (or their parents) have to pay their own way. Don't be duped by the lies purported by the colleges. Make an informed decision. Above all, pay off your debt as soon as you can.
Are you seriously looking for a way to get out of debt? Do you have just a few extra hours each week to earn enough income so you can pay off your loan? PAY OFF LOAN QUICKLY. Wally Kassebaum is a professional consultant in the home business, accounting and IT industries. If you hate debt and want FREE information, then click here I NEED HELP NOW. Only serious inquiries for this FREE information.
Article Source: http://EzineArticles.com/?expert=Wally_Kassebaum
Article Source: http://EzineArticles.com/8363352
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