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Watch out for these scams when figuring out how to pay for college

Source Date: 
Friday, April 13, 2018

As students commit to a college this spring, they face yet another hurdle: Finding the money for four years of tuition payments.

With the cost of college and student loan balances climbing, some parents and their children will clamor for any and all help available.

Yet both prospective and current students should heed this warning: That scholarship or seminar could actually be a scam.

"Nothing in life is to be feared. It is only to be understood."
– Marie Curie
"There is scarcely anything that drags a person down like debt."
– P. T. Barnum
“What I would like to do... once I take care of all my kids' student loans, is buy a red 1965 Mustang and fully restore it.”
– Mike Quigley
"If we don't change direction soon, we'll end up where we're going."
– Irwin "Professor" Corey
"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
– Robert Reich
“This would be a much better world if more married couples were as deeply in love as they are in debt.”
– Earl Wilson
The road to success is always under construction
– Lily Tomlin