The Adventurous Author | How to Write a Book, Character Development, Write with Consistency, Creative Writing,Story Structure 035 // Graduate College Debt Free AND Have Money in the Bank with Guest Host Kara Walker
4 snips
Dec 20, 2022 Kara Walker, host of the Money and Mental Peace podcast, shares her inspiring journey of graduating college debt-free with $10k saved. She discusses effective money management, budgeting tips, and innovative strategies like CLEP tests and scholarships that can help anyone avoid student loans. Kara highlights the importance of self-directed learning and offers practical advice on balancing work and education. Her personal anecdotes reveal how exploring financial aid options can lead to substantial grants, paving the way for a financially independent future.
AI Snips
Chapters
Transcript
Episode notes
Debt-Free Start With CLEP Tests
- Kara Walker graduated college debt-free by testing out of prerequisite classes through CLEP exams, paying minimal fees compared to traditional course costs.
- She used graduation party money and scholarships to attend community college part-time without loans.
Maximize Scholarships and Honors
- Seek out community college scholarships like choir or band and roles like writing fellow to earn free classes or materials.
- Join honor societies if invited, as they can lead to significant transfer scholarships for four-year universities.
Independent Status Boosts Aid
- Kara transferred community college credits to a university and qualified as an independent student, unlocking thousands in grants on FAFSA.
- Through budgeting and part-time work, she graduated debt-free with over $10,000 saved in the bank.