Today we drill down further into student loans, specifically the

alarming rise of defaults on student loans.

Wait until you hear some of these student loan horror stories - it's insanity.

You must have a plan for college funding.

The name of the game is:

Get into college

Get Out

Get to work

Don't hang around wallowing in debt like most students.

We begin our three part series, investigating

Parent PLUS Loans.

PLUS Loans are federal loans that graduate or professional degree students and parents of dependent undergraduate students can use to help pay education expenses.

The U.S. Department of Education makes Direct PLUS Loans to eligible borrowers through schools participating in the Direct Loan Program.

PLUS loans are easing to get but near impossible to get out from under.

We pull back the curtain of PLUS loans in our three part series.

Buyer Beware.

Chip Wittrcok

Co-Founder, www.CollegePrepMastery.com

Recently, one college dropped their annual tuition by a

whopping $10,000.

Awesome, right?

Not so fast.

There's way more to the story than meets the eye.

When a college drops tuition by $10,000, you may not save much money at all.

The shocking truth is revealed in today's show.

Chip Wittrock

www.CollegePrepMastery.com

Erinn Drysdale runs the website www.Granted4U.com

Erinn searches for scholarships on behalf of college bound students.

Granted4U.com helps the student build a winning portfolio based on what is required from entities granting that are granting scholarships.

The student then send the information to Erinn, who then completes the application in their behalf.

Erinn's company sends them a list each month of what's been done for them.

Then the student receives the results.

So what are the results?

Erinn's success rate is approx 90%...Whoa!

On average Erinn's company wins about $8,600 in scholarship money for the student.

Listen closely to today's show, you'll be glad you did.

Chip Wittrock

www.CollegePrepMastery.com

College affordability has become a huge issue in this year's Presidential election.

Both parties are talking about financial aid.

We want to see you get in and out of your best choice for college..... for the least amount of money.

Do you want a student loan?

All you need to answer "Yes" to is this question:

"Are you a full-time student?"

How about this question:

"Can you repay the loan?"

Don't just borrow money to pay for college. It's the one creditor you can never shake lose from the rest of your life.

Learn before you go.

Chip Wittrock

www.CollegePrepMastery.com

Most college students are focused on everything OTHER than their credit scores.

As of 2010 credit card companies can no longer offer the 'ethical bribe' of enticing students to apply for credit.

However, college students are still finding ways to open lines of credit.

As with anything, the message is buyer beware.

Credit can be used for good and bad. Knowing the difference is the key.

Chip Wittrock,

www.CollegePrepMastery.com

Today I interview a very special guest, Adam Carroll.

Adam is founder of the National Financial Educators Program, author of 'Winning The Money Game', Creator of Scholarship Mastery and co-founder of Succeed Faster Seminars.

Adam knows first-hand what it's like to be swallowed up by debt, specifically college debt.

Adam has a great story and now teaches globally on how to take control of your personal finances.

Get ready for a great show!

Chip Wittrock

Co-Founder www.CollegePrepMastery.com

Thinking of converting your IRA into a Roth IRA to help pay for college?

There are many variables tied to this decision.

Today's show explains the pros and cons.

Timing and preparation are everything when going this route.

Chip Wittrock

Co-Founder www.CollegePrepMastery.com