Now, That’s Scary
October 29th, 2008 - byJust in time for Halloween, comes this article about a young man who graduated so deep in debt for his college education that he’s afraid to return to the United States. The key paragraph in the article: “These are people new to borrowing and they didn’t understand what they were getting into,” says Mark Kantrowitz of Finaid.org, an online student loan information Web site. “It’s a very sorry situation that it comes to students feeling they have no option than to leave the country,” he says. “It’s a sign the system is broken.”
Why would anyone put themselves in that position? More importantly, why would a student-athlete with some great athletic skills and good grades put themselves in that position? If you know how to play the college recruiting game and apply a little effort, you can get a good portion of college paid for and get to play your favorite sport. Now that’s a win-win.
Parents, if your kids are good at sports and you don’t want them to be burdened by excessive student loans when they graduate, you should educate yourself on what is available to student-athletes in the way of financial aid. You can begin here.
February 24th, 2009 at 11:12 pm
Great post. I am trying to get you on my RSS feed, but can’t figure it out. can you help me?