What should parents do when they realize that they can’t pay for their daughter’s dream college? Well, in the real world, they could go deep into debt. And this is what a lot of parents do. Which is a bad idea. Just look at the August 2016 issue of Consumer Reports, with a headline that screams, “I kind of ruined my life by going to college” because of the enormous sum of $152,000 in college loans. Approximately 42 million Americans have racked up $1.3 trillion in student debt. This debt overhang is crushing individuals and will likely have a negative impact on our economy over time.
But if you want an easy and fun way to pay a college tuition bill you can’t afford, you can always turn to the example of Will Ferrell and Amy Poehler, whose upcoming film demonstrates how you can create a pop-up casino and make money hand over (um) hand.
Have a look at the trailer. Who said being a college counselor can’t be a barrel of laughs?
Mark Montgomery
Educational Consultant and Admissions Expert
