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
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.
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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.