Financial Survival Network

Summary: Student debt is higher than ever. Many young adults applying for universities, scholarships, and student loans don’t always know what they’re getting into in terms of financial commitment. Here to talk about this is Ann Garcia, who recently wrote a book called How to Pay for College. Ann stresses that a great education can come from universities that aren’t as costly or exclusive, and we discuss multiple tips for saving money when preparing to apply for college. Tune in for more amazing insight from Ann, and be sure to check out the links below if you want to purchase her book or browse her online resources. Highlights: -There is over a trillion dollars in student loan debt -It’s important for students to understand the reverse mortgage they are taking out when they enroll in an institution -If you’re signing up for six figures worth of college debt, it’s important to look at the return on this investment -The collateral is the student’s future -People often equate cost and exclusivity with quality,