Thursday, February 19, 2009

In Student Loan Debt? Write a Couple Best Selling Books

Mary is currently a junior at Santa Clara University and majoring in Religious Studies. When asked about student debt she quickly responds with an, "Oh yeah."

When pressed about how much she actually was in debt and how much she expected to be in debt at graduation, she suggests that it is definitely a moderate amount but wasn't up for revealing just how much.

She also feels that the United States could do more for students that seek to further their education. She remembers how President-Elect Obama said that helping out through community service could land you up to $4,000 towards an education. Now that he is President, Mary hopes Obama will make good on his promise and sooner rather than later seeing as she has only a year and a half left until graduation.

In 2008, Michelle Obama told the Associated Press that Barack Obama's book sales paid both of their student loans.

Luckily for students, the Obamas say, "We are not so far away from life that we don't understand and get it."
The payments on President Obama's student loan debt were more than their monthly mortgage.

Unfortunately for Mary and other students, writing two best selling books to pay off their debt isn't the easiest thing to do.


There might still be some hope, the recent stimulus plan includes billions for colleges and students.

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