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Getting To The Point – Resources

Some Celebrities That Had to Pay Off Student Loan

A lot of students in America are dependent on using student loans to finish their education and graduate.

It is over $1.3 trillion, what the student loans are owed mostly in the U.S and on an average class, the students that finished owed almost $37,000. Are you one of those students who are burdened by the debt you have from school? Just relax, do not let that debt take control.

A lot of celebrities were also in the same position before, they also had to pay off some student loan debts. Some celebrities are also paying for their student loans until today.

You can check out the celebrities that were in the same shoes that you are in today.

United States President, Barack Obama

Barack Obama was also one of the people who were having the same problems as you. President Barack Obama was able to finish his education in Harvard but he was in a lot of student debt. He was unable to pay everything right away, he finished paying right when he became a U.S senator.

Even Michelle Obama was taking a lot of student loans at that time. The couple also mentioned that it would have been best to have just saved money for their daughter’s education. In stead of saving, they were paying back their loans.

In the year 2010, Obama’s Loan Forgiveness program was implemented shortly. Obama designed the program to help those students who are in the same ordeal he was in before. The program affected the interest also end of term and other repayment factors for the student loans.

Cecil Shorts was Once Just Like You

You should know that Cecil Shorts, one of the best receivers in the NFL never had a athletic scholarship. He was able to pay for his education because he worked at part time jobs and took out loans. Cecil Shorts was able to pay for his student loan debt that reached $70,000.

You need to know that even Cecil Shorts went as low as accepting jobs like grass cutting. He encourages the youth to do summer jobs so that the student loan will be minimized.

You should not let poverty end your life, if you think about quitting because of how unfair life can be, that will not be the right mind set, you should work hard because you were not given the same disposition as those other kids had but that does not mean you are not blessed.

Life can be harsh sometimes, it can be good but sometimes the things just don’t follow your flow and that can be frustrating so just be sure to persevere and work hard, do summer jobs and part time jobs to lessen the student loans.

You should pay off the debts after you graduate and once you get a good job, you can start with paying off the debt right after.