I ran across something on TV last evening where several high school students, about to graduate, responded to a question whether they planned to take out loans to get a college degree. Some said “yes” and some said “no”. The point made was that once you borrow money, backed by the US Govt., then those loans have to be paid back. Declaring bankruptcy does not void the debt. Another person interviewed, a recent college graduate admitted that her loan now exceeded $100,000. She said she expected to pay $1000 per month for the next 15 years when you include interest. It will greatly influence her ability to buy a house, raise children, etc. and she now regrets having taken the course she did. So if there is a way to access free money, as encouraged by our program, you need to explore this option as soon as you can. Go to the CollegeMoneyNow tab above and click on the link to the solution.