Help Your Child Avoid Student Loan Debt. This post is sponsored by the Florida Prepaid College Board, through my role as a Believer Blogger. However, All thoughts are my own.
Graduation. It’s a big milestone in your life. It symbolizes your educational accomplishments and is a stepping stone towards new possibilities and opportunities that ultimately shape your life. I remember graduating from high school knowing that I would be attending college but having no idea how I would be paying for it. So, my college experience involved working full time while going to school full time so that I could pay my tuition and stay on track educationally. Those years weren’t easy but they were absolutely worth it.
I remember my college graduation and all the feelings of pride as I crossed the stage to get my Bachelor’s degree from the University of Miami. While I am thankful that I was able to graduate without student loans, I know there are a ton of graduates who aren’t as fortunate. Unfortunately, those graduates start their adult careers (or their pursuit of one) already in debt.
Did you know that in the past 8 years, the amount of student loan debt has grown by nearly 300 percent or that student loans are now the #2 source of debt in America, behind only mortgages? Thankfully, there is something you can do to help your child avoid student loan debt. As parents (or family members), we can get our loved ones enrolled in a Prepaid College Program through Feb. 28, 2017.
“A Florida Prepaid College Plan allows families to prepay, on a monthly or lump-sum basis, the future cost of college tuition, specified fees and dormitory housing. When your child is ready for college, the plan pays the tuition, tuition differential fee and other specified fees covered under the plan at any Florida College or State University. If your child attends an out-of-state college or private college, the plan will pay the same amount as it would pay at a public college or university in Florida. Every Prepaid Plan is guaranteed by the State of Florida.”
Ready to get started With a Florida Prepaid College Savings Plan? Want to save money doing so? Use the following promo code: BLOG1617
With rates starting as low as $46.61 a month, help your child avoid student loan debt!
This is an important thing to consider before going to college.