The “Debt-Free College Degree” Seminar returns to help students cut education expenses and avoid being trapped by student loans

 

Camp Springs, MD (BlackNews.com) — “DEBT-FREE COLLEGE DEGREE” the Seminar returns on December 10, 2011 at 3:00 p.m. and 6:30 p.m. to empower students to avoid debt and cut their post-secondary education expenses by more than half.

A college education is required to obtain a better job, but college costs are too expensive for most. Taking on student loan debt seems to be the only way to pay for college while the job market remains unstable. And since student loan debt cannot be discharged in bankruptcy, a default can be catastrophic to borrowers, their families as well as the health of the U.S. economy.

The popularity of the first seminar prompted organizers to bring back this unprecedented event in an effort to help people recognize the importance of minimizing or alleviating student loan debt so they can be free to discover and pursue their desired careers. The seminar teaches students and families how to obtain the SAME college degree others are paying as much as $150,000 for, debt free. The seminar also shows how to reduce college costs up to 75% without scholarships or grants. This event offers options to students who otherwise might not attend college due to financial constraints.

Millions of unsuspecting American families fall for the college financing trap that awaits those who want to further their education. As of 2008, “more than $100 billion in federal education loans and $10 billion in private student loans [were] originated each year.” (www.finaid.org/loans/). As of March 2011, the news began to report that student loan debt surpassed credit card debt in the USA reaching “an all-time high … $829.785 billion.” (www.daveramsey.com/article/credit-card-debt-gets-trumped-by-student-loans/lifeandmoney_college)

An individual student can commit to repay multiple tens of thousands of dollars in debt for college expenses when they have no means of paying the money back. After graduation, these hopeful job seekers enter a deteriorating job market only to find their newly-earned diplomas are ineffective tools for finding good jobs because opportunities are so scarce. The consequences are worse for students who interrupt or postpone their pursuit of a degree. Demand for repayment of their debt can keep them from resuming or completing their studies. Regardless of the circumstances, most of these students graduate and enter the workforce with financial obligations that equal or exceed that of a mortgage on a first home, but with nothing to show for it.

Who will benefit from this seminar? Someone who is pursuing or who is interested in acquiring any kind of college degree, or their family members will find a wealth of information that will protect their future wealth and financial health.

“DEBT-FREE COLLEGE DEGREE” The Seminar will be held at The Life Center 5610 Linda Lane, Camp Springs, MD 20748. Admission is FREE. Participants must register at www.debtfreenation.org.