Personal Finance

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College Financial Advice and Where to Seek it Out

Getting through college is one of the most financially straining experiences that you will ever have during the course of your life. The expense is phenomenal and still rising, despite the fact that more and more families are falling below the poverty line. Without money though, there is no way that you could even consider going to college or staying on if you have already started, stay on there. This is unfortunately not very fair and the system does not tend to help students in need out, but there are individuals that you can go to for financial advice if you ever think you may be in need of a boost to keep you in college.
Getting a job is obviously the first step to help you get through college somewhat intact. Campuses often have job websites or notice boards that you can tap into if you need money and need it quickly. There are usually various resources of this nature available because it keeps any of the jobs going in student hands rather than giving the jobs to individuals outside of the college when the need is greater elsewhere. Depending on the size of the campus, the variety of jobs may actually be extensive. Failing that, there are probably experiments going on in the psychology department that will usually pay for the pleasure of exploring your mind. For a quick fix, this will do, but what about the more long term problems of staying at college when dubitation fees and housing fees come around again?

Every good college or university will have a financial office as well as a student guidance centre. They may not be called that because they go under a variety of different guises. However, I guarantee that they will be there somewhere. If in doubt, just head to the administrative centre of your university and you will most likely find it there. If not, you will no doubt be redirected to the right place.

Guidance counsellors at your college and university can be found in the student help departments and are employed for the sole reason of finding a viable solution for student problems, and money and funding often dominate their time. So many students find themselves in need of a cash injection because they live on the poverty line that the individuals employed there will most definitely know their stuff and be able to advise you far better than any individual elsewhere in the school or outside of it ever could.

The guidance counsellors at your school will be able to point you in the right direct for grants, scholarships, hardship loans and quick fixes that will enable you to get your head back above water again. They will also be able to provide you with information to help avoid another similar circumstance occurring as well as providing you with ongoing advice and support. You will probably find shelves stacked with manual and books that could also be used to help you because they will be able to enlighten you on the wonderful world of scholarships and grants that are there to keep you on course for completing your education as well as enhance your future prospects.

The majority of individuals working in such an office will be highly trained and you will probably be referred to a particular guidance counsellor so you can return to him or her whenever you need help in the future. This will give you peace of mind straight away and will remove most of the strain and stress that you would most definitely be under!


July 5, 2010 Posted by | College And University | , , , , , , , , , , , , | Comments Off on College Financial Advice and Where to Seek it Out

Phobic Life After Using College Student Loans

When a student and his or her parents opt for these federally or privately offered college student loans, a few think about the life after four years or whatever number a given course takes.

The psyche right then is acquiring the best and affordable loan funds for the child to get education.

In this era of unemployment though, the aftermath of these college loans may be adverse on a number of students.

Education is struggle in the first place, but being jobless or securing meagerly paid jobs later after college can severely hurt.

This is why students are leading a phobic life after they leave college because there is quite a huge amount of loan to clear, yet the employers seems to shut the doors to their companies as students shut theirs from college.

Those who paid from their pockets celebrates

College funds needed to secure quality education in a highly recognized university or college are a lot, which is why the federal and private loans are provided.

Those who apply for college loans have the benefits of being financially equipped while learning, but the burden to pay back everything plus interest comes in later after school.

Those who fund their education right from their pockets are financially strained while attending classes but after they graduate, they have no debts to any one.

Not relying on any student loan is not easy because it means working extra jobs and hours while trying to keep your school work balanced.

However everything in life depends on how determined and focused a person is to achieve his objectives in life.

In fact those people who become prosperous in a lot of things they have done have had to sacrifice a lot of resources not to mention their own health.

Some of those who applied for student loans lead a fearful life

I do not know about you, but the greatest fear an adult have is being unable to provide for oneself and family-financial failure.

Whereas many fresh graduates express high expectations to acquire a job after school, just a few of them are able to survive the intense competition in the job market.

One may wonder why the government insists on schooling yet a lot of knowledgeable individuals become wasted later in life.

This is especially so in third world countries where not even part-time or even those lowly paid jobs are easier to come by.

What is more, some employers there deny these optimistic fresh graduates an opportunity to learn and gain practical skills in their organizations.

Some of the few, who does, takes advantage of the interns assuring them that the more they stay in their firms, the higher is their chances of employment.

After using lots of student loans, perhaps the only decision this kind of fresh graduate can make is consolidating them in to one easily payable loan.

But then, if he or she is not guaranteed of any employment or at least one reliable to start paying back the loan, what is expected of him or her except an early heart attack and depression?

The other viable option is entrepreneurship, but this demands starting capital. The government may offer those small and medium enterprises loan, but there is a qualification criterion.


January 28, 2010 Posted by | College And University | , , , , , , , , , | Comments Off on Phobic Life After Using College Student Loans