Busted Myth of the Week: You’re Going to Graduate Deep in Debt

Barry Lenson

Busted Myth of the Week: You’re Going to Graduate Deep in Debt

You’re probably heard that if you go to college, you’re going to graduate deep in debt. Well, it doesn’t have to happen to you.

Of course, college debt is not a myth for many people. The Huffington Post has even set up a special blog, Majoring in Debt, where former students report that they graduated owing $120,000, $177,000 or more.

But the fact is, you can earn a college degree without digging yourself into a deep financial hole. It all starts with enrolling in a few online college courses, completing your freshman year courses for about $1,000, then transferring your credits to one of StraighterLine’s terrific Partner Colleges. Or you can transfer your fully credited StraighterLine courses to hundreds of other colleges throughout America, through the American Council of Education (ACE Credit).

The result? You can earn a college degree at your own pace, on a pay-as-you-go schedule. You’ll graduate from college ready to earn, not to repay. For tens of thousands of American students, that should come as very good news.

We’ll bust another myth next week. Stay tuned!

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