1 / 30

Making Informed Decisions For Your Future Success

Student Loans. Making Informed Decisions For Your Future Success. Debunking Common Myths. Debunking Common Myths. Pedigree does not pay. Debunking Common Myths. Pedigree does not pay Your journey does not have to be linear. Debunking Common Myths. Pedigree does not pay

fauve
Download Presentation

Making Informed Decisions For Your Future Success

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Student Loans Making Informed Decisions For Your Future Success

  2. Debunking Common Myths

  3. Debunking Common Myths • Pedigree does not pay

  4. Debunking Common Myths • Pedigree does not pay • Your journey does not have to be linear

  5. Debunking Common Myths • Pedigree does not pay • Your journey does not have to be linear • Taking longer can work to your advantage

  6. Debunking Common Myths • Pedigree does not pay • Your journey does not have to be linear • Taking longer can work to your advantage • Experience is more valuable than education

  7. How Will You Pay?

  8. How Will You Pay? • Save money yourself • Get a job • Sell something

  9. How Will You Pay? • Save money yourself • Get a job • Sell something • Be DILLIGENT in pursuing scholarships and grants

  10. How Will You Pay? • Save money yourself • Get a job • Sell something • Be DILLIGENT in pursuing scholarships and grants • Have a conversation with your family • Be specific and make commitments to each other

  11. How Will You Pay? • Save money yourself • Get a job • Sell something • Be DILLIGENT in pursuing scholarships and grants • Have a conversation with your family • Be specific and make commitments to each other • Student loans???

  12. The Truth About Student Loans

  13. The Truth About Student Loans • Student loans are now normal

  14. The Truth About Student Loans • Student loans are now normal • Two-thirds (66%) of the class of 2011 held student loans upon graduation, and the average borrower owed $26,600* (This does not include loans that parents have taken) * http://money.cnn.com/2012/10/18/pf/college/student-loan-debt/index.html

  15. The Truth About Student Loans • Student loans are now normal • Two-thirds (66%) of the class of 2011 held student loans upon graduation, and the average borrower owed $26,600* (This does not include loans that parents have taken) • The money is not free • There are fees to get the loan • There is interest charged * http://money.cnn.com/2012/10/18/pf/college/student-loan-debt/index.html

  16. The Truth About Student Loans • Student loans are now normal • Two-thirds (66%) of the class of 2011 held student loans upon graduation, and the average borrower owed $26,600* (This does not include loans that parents have taken) • The money is not free • There are fees to get the loan • There is interest charged • They are not dischargeable through bankruptcy * http://money.cnn.com/2012/10/18/pf/college/student-loan-debt/index.html

  17. The Truth About Student Loans • Student loans are now normal • Two-thirds (66%) of the class of 2011 held student loans upon graduation, and the average borrower owed $26,600* (This does not include loans that parents have taken) • The money is not free • There are fees to get the loan • There is interest charged • They are not dischargeable through bankruptcy • They can be a burden that can inhibit you from achieving your dreams (Open Spreadsheet) * http://money.cnn.com/2012/10/18/pf/college/student-loan-debt/index.html

  18. Does it pay? Return On Investment

  19. Does it pay? Return On Investment • Will you be able to make the payment?

  20. Does it pay? Return On Investment • Will you be able to make the payment? • Can you live with the payment?

  21. Does it pay? Return On Investment • Will you be able to make the payment? • Can you live with the payment? • How will the payment affect your life?

  22. Does it pay? Return On Investment • Will you be able to make the payment? • Can you live with the payment? • How will the payment affect your life? • Go to tab #2…

  23. Time Value of Money Invest Instead of Spend

  24. Time Value of Money Invest Instead of Spend • What if you were different?

  25. Time Value of Money Invest Instead of Spend • What if you were different? • What if you did not go into debt?

  26. Time Value of Money Invest Instead of Spend • What if you were different? • What if you did not go into debt? • What does it look like when compound interest works for you?

  27. Time Value of Money Invest Instead of Spend • What if you were different? • What if you did not go into debt? • What does it look like when compound interest works for you? • Go to tab #3…

  28. C losing Thoughts…

  29. C losing Thoughts… “Have the most powerful force in the universe work for you not against you”

  30. C losing Thoughts… “If you must take student loans, finance a mission, not an experience” “Have the most powerful force in the universe work for you not against you”

More Related