October 26, 2018
October 26, 2018 - PRESSADVANTAGE -
Amazing Title Loans, a company servicing Santa Ana, has released information regarding a program that the company is launching to help future students get money for college or trade schools in California. The Company explained that living in California is extremely expensive and some places rank it as the 3rd most expensive state to live in.
With other expenses creeping up such as gas, electricity, car prices, home prices, interest rates--people cannot compete and can struggle at times. The middle class is being hit especially hard with trying to save for retirement and also providing for their elderly parents or family members who may need nursing care.
Tom Wilson, operations director at the company explained the thinking behind the scholarship program. Wilson said, "The future of our country rests on people being educated. With artificial intelligence, competition from overseas, and other things people need to invest in themselves and learning."
Wilson says that the there is good news, however. Planning for college can start immediately. The second a baby is born parents need to start thinking about saving money. There are many options, and just $50 a month can add up. College 529 programs are one option that people sometimes use.
Wilson continues, "The future of the USA will depend on the competency of out children. Do we really want them to accumulate 100's of thousands of dollars in debt and then not be able to contribute to society?"
Research shows that many families not be able to afford to pay for college without some sort of third party assistance. For instance, the estimated cost for attending Harvard University in 2018 is more than $70,000, and while this is a higher end university, other colleges can also be expensive. The actual aid that most students receive is just around $10,000 or less per year, which will not even touch the actual cost of going to college.
Students can, of course, get grants but only if they qualify with a low income. Those whose families make more than a specified amount of money each year are not typically eligible for free college aid, which leads them to needing student loans to cover the costs of college. Some students who get free aid also need student loans in order to finish off their college costs. Simply put, college is not cheap and states that they aim to help students to avoid going into debt with their scholarship program. Studies show that some students have so much debt when they get out of college from student loans that it takes them years to pay down a loan.
Amazing Title says that they welcome students to learn more about their scholarship program by visiting their website.
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For more information about Amazing TL Santa Ana - LOST, contact the company here:
Amazing TL Santa Ana - LOST
(657) 201-4300
