Paying Off Student Loans Can Be Tough in a Recession Cycle

But it doesn't have to be. The key to paying off student loans is to have a separate, dedicated income source just for that purpose. That way, if your income after college is lower than expected in this recession cycle:

• you won't have the threat of student loan default or garnishment hanging over you
• you won't have to run away to grad school to hide (and probably incur more debt)
• you won't have to take the first low-paying (but, hey its a paycheck) job opportunity

If you have a monthly income in place, earning a steady, reliable amount (and growing all the time) you wouldn't have to worry, would you?

So, what's your plan?

If you're drawing a blank, consider this one:

One More Class To Pay For Them All

If you've checked out my sitebuilding tools page, you know that I use SBI for this site and that I highly recommend it for anyone who wants to learn how to make a business that will earn a steady income.

Well, SBI is now being taught as a business course in over 30 colleges and universities. (including The Citadel and Penn State) Their students finish this course with more than college credit- they have a viable, thriving business that continues to grow.

But SBI is not just for business majors- it is for everyone and anyone.

It allows anyone with any interest or passion or a desire to learn to turn that into a business with global reach.

If you have student loans (or are planning to get them) and you go to one of these schools: (a partial list)

• University of Arizona
• University of Alaska
• Thomas More College (Kentucky)
• Truckee Meadows Community College (TMCC)(Nevada)
• Lane Community College (Oregon)
• The Citadel (South Carolina)
• Trident Technical College (South Carolina)
• Austin Community College (Texas)
• University of Wisconsin

you should definitely take this course. You'll get college credit + a business that will earn you money.

But, even if you do not go to one of these schools, now you can also develop a business of your own for paying off student loans when they become due.

If you're a self-starter sort of person, someone who likes to do things independently, you should just go ahead and order the original SBI and start earning money by focusing on whatever it is you love to do.

But, if you are the sort of person who learns best in a classroom environment, now SBI has introduced its own elearning program.

It is the exact same course taught in the schools listed above, but now every student (or parent) can take it and use it for paying off college loans, without attending those particular schools. (Anyone can take this course and use it to build a successful business, but its a course so it is a perfect fit for students.)

This type of learning will be familiar to you- it will not be simply watching a video or downloading files that you can't talk back to or ask questions of.

This course has a live instructor and classmates to interact with. And, I don't know if you've taken online college courses before, but it is so much easier to narrow your focus and concentrate in a virtual classroom.

Paying off student loans with a web business also allows graduates to use those expensive degrees to earn a living using what they've learned.

Lately, it seems as though everyone is debating about whether or not a college degree is worth the money, because many graduates cannot find work in their fields. I saw a news story about a graduate who had majored in Spanish, but he was working as a security guard and couldn't afford both his living expenses and paying off student loans. With SBI, he could have made a website using his knowledge of Spanish in a way that was totally unique to him, using the skills he gained from his experience at college. More details links.....