Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Graduate from College Debt-Free: Get Your Degree With Money In The Bank
    Graduate from College Debt-Free: Get Your Degree With Money In The Bank
    Graduate from College Debt-Free: Get Your Degree With Money In The Bank
    Ebook215 pages2 hours

    Graduate from College Debt-Free: Get Your Degree With Money In The Bank

    By Bart Astor

    ()

    Read preview

    About this ebook

    SMART and SAVVY WAYS TO PAY FOR COLLEGE...WITH NO DEBT (OR as Little as Possible)

    With college graduates earning over a million dollars more than high school grads will earn during the course of their lifetime, getting a college degree is incredibly important. However, the cost of college keeps rising and navigating the maze of financial aid options grows more challenging every year. This book is a comprehensive guide to saving for college, scholarships, financial assistance and more.

    YOU WILL DISCOVER:
    How to use the net price calculator to figure out the school's actual cost
    Creative strategies to minimize your college debt
    Loan forgiveness programs to reduce college debt after you graduate
    Options for cutting college costs
    What scholarships are available and how to apply for them
    Which tax credits can be used by students and their parents
    How to complete the FAFSA and PROFILE financial aid applications
    LanguageEnglish
    PublisherHumanix Books
    Release dateAug 30, 2016
    ISBN9781630060695
    Graduate from College Debt-Free: Get Your Degree With Money In The Bank

    Related to Graduate from College Debt-Free

    Related ebooks

    Study Aids & Test Prep For You

    View More
    View More

    Related podcast episodes

    Related categories

    Reviews for Graduate from College Debt-Free

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Graduate from College Debt-Free - Bart Astor

      GRADUATE FROM COLLEGE DEBT-FREE

      Get Your Degree With Money In The Bank!

      BART ASTOR

      Humanix Books

      Graduate College Debt Free

      Copyright © 2016 by Humanix Books

      All rights reserved

      Humanix Books, P.O. Box 20989, West Palm Beach, FL 33416, USA

      www.humanixbooks.com | info@humanixbooks.com

      Library of Congress Cataloging-in-Publication Data

      Names: Astor, Bart, author.

      Title: Graduate college debt-free : get your degree with money in the bank / Bart Astor.

      Description: West Palm Beach, FL : Humanix Books, [2016] | Includes index.

      Identifiers: LCCN 2016019518| ISBN 9781630060688 (pbk.) | ISBN 9781630060695 (E-book)

      Subjects: LCSH: Student aid—United States—Handbooks, manuals, etc. | Student loans—United States—Handbooks, manuals, etc. | College costs—United States—Handbooks, manuals, etc.

      Classification: LCC LB2337.4 .A85 2016 | DDC 378.30973—dc23

      LC record available at https://lccn.loc.gov/2016019518

      No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any other information storage and retrieval system, without written permission from the publisher.

      Cover Photo: © Image Source / Alamy Stock Photo, Image ID B8DR6W

      Cover Design: Tom Lau

      Interior Design: Scribe, Inc.

      Humanix Books is a division of Humanix Publishing, LLC. Its trademark, consisting of the words Humanix is registered in the Patent and Trademark Office and in other countries.

      Disclaimer: The information in this book is intended solely for information purposes and is not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or sell or trade in any commodities, currencies, or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Past results are no indication of future performance. All investments are subject to risk, which should be considered prior to making any investment decisions. Consult your personal investment advisers before making an investment decision.

      The information presented in this book is meant to be used for general resource purposes only; it is not intended as specific financial advice for any individual and should not substitute financial advice from a finance professional.

      CSS/Financial Aid PROFILE® is a trademark registered by the College Board, which was not involved in the production of, and does not endorse, this product.

      ISBN: 978–1-63006–068–8 (Trade Paper)

      ISBN: 978–1-63006–069–5 (E-book)

      Contents

      Dedication

      Acknowledgments

      Foreword

      Introduction

      Chapter 1. How Much Does It Cost?

      Chapter 2. Paying for College: A Shared Responsibility

      Chapter 3. Financial Aid

      Chapter 4. Applying for Financial Aid

      Chapter 5. How Much Will We Get?: Making Your College Choice

      Chapter 6. Paying It Back

      Chapter 7. Graduate School, Alternative Paths, and Other Considerations

      Appendix: FAFSA on the Web Worksheet

      Glossary

      About the Author

      Index

      To Ethan, Jordyn, Zoë, and Ian: our hope for the future.

      Acknowledgments

      Helping students pay for college has been a concept in this country for more than four hundred years, but it became a priority first in the mid-1800s when state colleges were established to help keep costs low for residents, then with the GI Bill in the 1940s that enabled millions of returning soldiers to attend college, and then with the passage of the 1965 Higher Education Act that created the system we have now. The architects of that law and later reauthorizations need to be thanked for their incredible contribution to equal opportunity and a more mobile society: former president Lyndon Johnson; senators Wayne Morse, Claiborne Pell, William Stafford, Paul Simon, Walter Mondale, Winston Prouty, and Ted Kennedy; representatives Edith Green, William Ford, and Patsy Mink; Secretary of Health, Education, and Welfare John Gardner, Commissioner of Education Francis Keppel, and a host of visionaries who established the foundation of our current system of need-based financial aid.

      On a more personal level, I thank my wife, Kathie Little-Astor, not only for her support in writing this book, but also for being my first tutor and ongoing expert in financial aid. It was she who taught me the concepts of access, choice, and persistence that lay at the heart of financial aid.

      I thank my good friend of many years and editor, Debra Englander, who brought me into this project and supported my strong beliefs.

      I thank the management and staff of Humanix Books for welcoming me into their family.

      I thank the publisher, Mary Glenn; the director of publishing, Sherrie Slopianka; and the cover designer, Tom Lau. I thank David Levy and Mark Kantrowitz for writing their book, Filing the FAFSA, a helpful guide to me and thousands of students; The College Board for allowing me to use the screen prints of the CSS PROFILE (especially Susan McCrackin for paving the way); and the many dedicated financial aid colleagues from whom I’ve learned so much. These are the folks who helped me serve the greater good and who now continue the good fight for students. Please don’t stop now—there is still so much to do.

      Foreword

      Kerry Hannon

      When I reflect on the core gifts in my life, education rises to the top. My Irish grandmother frequently reminded me as a child that no one can take from you what you have between your ears.

      I knew what she meant—even as a child—that I owned my knowledge, and it was my tool to use to live a successful life both personally and professionally.

      I was lucky to have parents who believed in the power of education. My father did not have the financial bandwidth to go to college. He was a child of the Depression, and he had to start working to support himself from an early age.

      Dad was ambitious, successful, and determined to provide his four children with the education he himself had had to cobble together on his own. He invested in us, in our education.

      Dad’s thirst for knowledge was palpable. Even into his eighties he was attending lectures on robotics at Carnegie Mellon University and reading voraciously.

      His investment in our education paid dividends—far beyond his joy of visiting us on campus and attending our graduations. I have clung to the energy and possibility that come from learning, which he demonstrated on a daily basis. I, too, am driven to continually learn new things and channel my grandmother’s and father’s inner curiosity about the world.

      Education has made my life a rich one—far beyond the monetary definition of that word.

      Today, a college education is, in many ways, nonnegotiable. As I survey the job market as a career expert and travel the country giving speeches to jobseekers of all ages, it’s irrefutable that employers value a college education and beyond more than ever.

      CareerBuilder, for example, recently put out a survey of more than 2,300 hiring and human resource managers that found that nearly a third of employers have increased their educational requirements over the past five years.

      More than a quarter are hiring employees with master’s degrees for positions primarily held by those with four-year degrees in the past, and 37 percent are hiring employees with college degrees for positions that had been primarily held by those with high school degrees.

      When asked why they are hiring more employees with college degrees for positions that had been primarily for those with high school diplomas in the past, 60 percent of these employers said skills for those positions have evolved, requiring higher-educated labor.

      As a result of increasing their educational requirements, employers have witnessed a positive impact on higher-quality work, productivity, communication, innovation/idea generation, and yep, revenue.

      Higher degrees not only boost candidates’ chances of being hired, but they can help their chances of getting promoted as well—more than a third of employers say they are unlikely to promote someone who doesn’t have a college degree.

      One of my go-to experts in the field of education and life transitions is Bart Astor.

      I’ve found Astor’s advice to be down-to-earth, direct, and achievable. It ranges from big-picture considerations to seemingly modest moves someone can make to finance and find true value in higher education.

      I wholeheartedly agree with Astor that education is valuable not only in higher wages you’ll get throughout your life but in many other ways that he details, including future prospects for your family, security, community involvement, and even better health.

      In college, there are things you soak up in the classroom and glean from wise professors, but it’s what you learn around campus that magnifies the college experience and this chapter of your life. It’s a combination of nurturing relationships and dealing with life on your own that lays the groundwork for navigating the uncertain and unpredictable trail ahead and building a successful future.

      In his superb and informative book Graduate from College Debt-Free, Astor has woven his succinct advice together to offer optimism and expert guidance for young adults and their parents on the cusp of embarking on a college degree.

      Astor’s book pulls apart the financial aid process to help you find ways to minimize your out-of-pocket costs using various methods. But his underlying theme is—education is worth it.

      Bingo. Whether you are eighteen or eighty, education is the root of finding meaning and joy in the work you do every day. It allows you to make a positive impact on the world.

      Yes, college generally has a tangible payoff. Overall, those with four-year college degrees make more money, period.

      Even more important than the financial rewards, investing in education is imperative in today’s rapidly changing workplace, particularly if you gain skills in, say, finance or marketing that are transportable to other industries as your career evolves over the decades.

      That said, I would be remiss to ignore the genuine fears I have for twenty-somethings graduating with weighty debt burdens. "Debt is a dream killer" is one of my refrains. It limits your choices about the kinds of careers you can pursue and jobs you can accept. When you’re trapped by the need for a certain size of paycheck to pay the bills and whittle down debt, you lose your freedom to pursue your passions.

      In 1989, only 17 percent of those in their twenties and early thirties had student debt; today, 42 percent do, according to the Federal Reserve Survey of Consumer Finances.

      And that’s troublesome. Of those who financed college through loans, the class of 2015 was saddled with $35,000 in debt on average, with monthly payments of about $380 on average. Astor is here to help you face that challenge squarely.

      Graduate from College Debt-Free is your manual to a healthier, more prosperous life. Read this book for the encouragement, advice, and tools to help you uncover smart ways to take the reins of your education and jump start your career.

      Kerry Hannon, author of Great Jobs for Everyone 50+ and Love Your Job: The New Rules for Career Happiness

      Introduction

      Let me make something very clear right from the start: I’m a charter member of the college attendance fan club. I think just about everyone will benefit from going to college. And, moreover, I think everyone should have an opportunity to attend! But that’s not just my own personal opinion; by almost every measure, this viewpoint is backed up by facts.

      1. Income. While I don’t think how much money you can make is a very reliable measure of success, the facts are abundantly clear: college graduates earn more over their lifetime than non–college grads. Even by attending a year or two, regardless of which college you go to, you will make more money than if you don’t attend at all. Of course, there are certainly exceptions. But if you’re one of those exceptional people, this book is probably not for you. You’re already exceptional, and chances are there’s not too much I can tell you that you don’t

      Enjoying the preview?
      Page 1 of 1