January 28, 2022 marked my one year anniversary of paying off my student loans . Reflecting back on choosing to pay off my student loans leaves me with several take a ways that I want to share with you! In September 2020 I decided to become debt free by utilizing the debt snowball method to pay off all my debt. Before this I had struggled to save and really understand basic financial principles. As a first-generation college student, I received a scholarship to attend undergrad for free, but the scholarship did not cover summers. During the summers I took out student loans to cover costs without paying interest rates or how much I was taking out. By the end of undergrad I had amassed a little under $17K. Fast forward to graduate school I received another scholarship that covered my education. At the time I was a teacher in a new very expensive city and I had missed the cutoff to have my paycheck last me throughout the summer. So, I decided to take out a loan for two summers to keep
Hey Guys! It’s been awhile right?! I know but I am
back and ready to give you all the information you need! If you missed it last
week on my channel, I discussed how you can get a free doctorate degree. If you’ve
been following my doctoral journey, then you know that I am currently working
towards my doctoral degree in higher education. I recently finished all of my
coursework and I am officially working on my dissertation proposal this semester.
I chose to work at a university so that I could not
only work with students but so that I could also receive a discounted education.
In the beginning of my journey, I received a $1,600 stipend towards my courses,
and I paid fees out of pocket. I also received several scholarships along the
way that helped to cover most of my fees. Last year my university decided to cover
doctoral degrees at 100% for all professional staff which was a major benefit.
While I understand that most folks do not want to join
the education world don’t let this stop you from seeking an organization that
does cover your educational needs. Here are a few other routes to take for a discounted
or free education:
1. Fellowships:
This type of arrangement involves a living stipend and covered tuition and fees
in exchange for teaching courses and/or working on relevant research.
2. Scholarships:
There are a lot of misconceptions about graduate scholarships. You probably
have heard there are none! That’s just not true! Contact your financial aid
department to inquire about endowed scholarships. I have acquired over $10K in
endowed scholarships that I mainly received as a refund to utilize for books,
debt, and other things.
3. Employer Benefits: Research employers that are willing to cover your education. Amazon, Target, and Walmart are just a few!
If you are interested in getting into the world of
higher education like myself check out my latest video here! Be sure to drop a
comment with any questions!
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