Some Celebrities That Had to Pay Off Student Loan
A lot of students in America are dependent on using student loans to finish their education and graduate.
It is over $1.3 trillion, what the student loans are owed mostly in the U.S and on an average class, the students that finished owed almost $37,000. Anyone with debt will be bothered by the problem that they have, right? It will really mess up some plans. But you should never let that take you down.
A lot of celebrities were also in the same position before, they also had to pay off some student loan debts. Some are even still paying them back today.
Check out these celebrities that were also having some student loan debts.
United States President, Barack Obama
You should know that Barack Obama was also in the same shoes you are in right now. Barack Obama was able to finish schooling in Harvard but he was under a lot of student debt. Barack Obama was not able to pay the student debt right away, he just recently paid them off after becoming a U.S senator.
Even Michelle Obama was taking a lot of student loans at that time. The couple said that they should start saving up for their daughter’s education as well. In stead of saving, they were paying back their loans.
In the year 2010, Obama’s Loan Forgiveness program was implemented shortly. Obama made sure that his program will be able to save a lot of borrowers. The program was a success and the end of the term of forgiveness and many other repayment factors.
Who is Cecil Shorts?
Cecil Shorts did not get an athletic scholarship even though he is a professional NFL player today. He was able to finish his schooling because he was hard working, he took on part time jobs and he also had a couple of student loans. He got a total of $70,000 in student loan debt.
You should know that Cecil Shorts even had grass cutting jobs. He said that it would be better to work during summer vacation to be able to save up for the tuition.
The world is hard sometimes, it kicks you down and you should never let that be the end of you, you should keep on fighting like these celebrities that went from a poor lifestyle to a rich lifestyle because they were able to persevere.
Life can be harsh sometimes, it can be good but sometimes the things just don’t follow your flow and that can be frustrating so just be sure to persevere and work hard, do summer jobs and part time jobs to lessen the student loans.
Graduate first and once you get a good paying job, you can pay the student loan debts easily, you should never quit believing.