Student Loan Application,
Steps #3, 4, & 5

Why You Should Never Spend a Dime on College Unless You or Your Student Knows
Steps #3, 4, & 5

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Before you put in a student loan application, find out more about...

Identifying an interesting career field is important. But another strategy to reduce the cost of college is exploring those career that can have a direct impact on how much you owe in student loans once they complete a degree program.

The government estimates that 25% of workers qualify for some type of financial guidance. But many students fail to explore their options prior to selecting a major.

Another key before your child selects their field of study is to research the likely hood of obtaining employment upon graduation. The last thing anyone wants to do is spend 4-6 years obtaining a degree, like Cage in our earlier example, only to find companies in their field aren't hiring.

Students majoring in certain fields are in high demand. However, there are many other successful degree programs as well.

There is a terrific website that allows students and parents to explore jobs employers are looking to fill but many just don't know how to use it and what it is.

Doing this simple, yet vital, research now and throughout their attendance in college, will ensure there are no unexpected surprises after graduation.

Another critical job related question is whether there will be jobs in the area where your student wants to live. If not, are they willing to relocate?

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...Todd planned to use his design and computer skills to become an architect but found there was a 2 year waiting list for experienced architects in his Midwest hometown. He switched to computer animation and was immediately hired upon graduation...

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Some of the steps listed above may seem obvious to many, however...

Total number of borrowers in default hits a record 8.1 million -- more than the combined population of 38 states. -Institute for College Access and Success

But with the alarming default statistics, it is very evident that most people never properly preplan for college.

This is why career planning is extremely important before your child chooses a major or college that they want to attend.

By exploring job opportunities and doing the proper investigations before you put in a student loan application, even before filling out a college application, you and your student are better equipped to make the decision of where you want to apply to college and save thousands of dollars in application fees and college visits.

Pre-plan for college today, so tomorrow you and your child can say...

I Am Student Loan Free!

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Steps #3, 4, & 5 > Step #2 > Step #1 > Home