Frugaling

Save more, live well, give generously

  • Home
  • Start Here
  • Popular
    • Archives
  • Recommended
  • Contact
  • Save Money
    • Lifestyle Downgrade
    • Save Money with Mindfulness
    • Save at Starbucks
    • Psychological Trick To Reduce Your Online Shopping
    • Best Freebies
  • Minimalism
    • 8 TED Talks To Become A Minimalist
    • We Rent This Life
    • Everything Must Go
    • Lifestyle Downgrade
    • The Purchase Paradox: Wanting, Until You Own It
    • Nothing In My Pockets
  • Social Justice
    • Destroy The 40-Hour Workweek
    • Too Poor To Protest: Income Inequality
    • The New Rich: How $250k A Year Became Middle Class
    • Hunter Gatherers vs. 21st Century Desk-sitters
  • Make Money
    • Make $10k in 10 Months
    • Monetize Your Blog
    • Side Hustle for Serious Cash
  • Loans
    • 5 Rules To Follow Before Accepting Student Loans
    • Would You Marry Me?
    • Should I Have a Credit Card If I’m In Debt?
    • $50k in Scholarships in 70 Minutes

Must See Documentary About College And Student Loans (Video)

By Frugaling 2 Comments

Share This:

Student Loans College Campus

When I entered college, I had the privilege and pleasure of having it paid for by my parents and grandparents. They had saved for this eventual day. Despite increasing costs that couldn’t be predicted, the money was enough and I graduated without ever having to take out student loans. Although, I hardly saved a penny – spending whatever I had on frivolous items (i.e., a Logitech surround sound system and a Specialized road bike).

Graduate school was a different story. Despite getting a small stipend and having tuition paid for, I took out student loans and my debt ballooned. After only two years, I had one loan that was $25,000, and a total debt of about $40,000. I didn’t know how to save money, and I was a part of a system that encouraged this way of life.

I wanted to take a moment to share a new documentary trailer that really touched me. My friend Kevin (Thanks!) sent this my way, and I think it’s well worth your time — whether in college or not.

The system is terribly broken. Who’s going to fix it?

Share the wealth:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • More
  • Click to share on Pocket (Opens in new window)
  • Click to share on Tumblr (Opens in new window)

Related

Filed Under: Loans Tagged With: debt, Documentary, Ivory Tower, Movie, Student Loans, Students, Trailer

Comments

  1. Jen @Sprout Wealth says

    May 7, 2014 at 4:49 am

    I have always read how expensive it is to send a child to college in the United States but seeing some of the numbers in the short video is still shocking. 1 trillion student loans? Whoa! Now I understand better why a friend of mine living in Florida sent her son over to the Philippines to study college. It is a lot, lot cheaper!

    Reply
    • Sam Lustgarten says

      May 7, 2014 at 7:28 pm

      Jen,

      It’s absolutely a scary number. Can you believe that?! $1 trillion? We have some serious problems in this country. The cost of higher education has ballooned tremendously, and I can totally see sending someone elsewhere for a strong education.

      Thanks for the comment!

      Reply

Join the Conversation: Cancel reply

Follow

  • Facebook
  • Google+
  • Pinterest
  • RSS
  • Twitter

Subscribe

Best Of

  • The New Rich: How $250k A Year Became Middle Class
    The New Rich: How $250k A Year Became Middle Class
  • 5 Tricks To Save Money At Starbucks (Updated)
    5 Tricks To Save Money At Starbucks (Updated)
  • Destroy The 40-Hour Workweek
    Destroy The 40-Hour Workweek
  • My Low-Income Lifestyle
    My Low-Income Lifestyle
  • The Real Reason Poor People Can’t Save
    The Real Reason Poor People Can’t Save
  • 8 TED Talks That Will Inspire You To Become A Minimalist
    8 TED Talks That Will Inspire You To Become A Minimalist

Recent Posts

  • How To Find A Reliable Service Provider For Currency Exchange
  • First-Time Landlord: Know Your Rights to Protect Yourself from Bad Tenants
  • Increase Your Revenue Simply by Being a Great Manager
  • How to Earn Extra Income During the Lockdown
  • 4 Ways That Residential Replacement Windows Will Help

Search

Archives

  • January 2021 (2)
  • December 2020 (2)
  • October 2020 (2)
  • September 2020 (1)
  • August 2020 (3)
  • June 2020 (1)
  • May 2020 (2)
  • April 2020 (1)
  • February 2020 (2)
  • January 2020 (1)
  • December 2019 (1)
  • November 2019 (5)
  • September 2019 (4)
  • August 2019 (1)
  • June 2019 (1)
  • May 2019 (1)
  • April 2019 (1)
  • March 2019 (3)
  • February 2019 (1)
  • January 2019 (3)
  • December 2018 (1)
  • September 2018 (2)
  • July 2018 (1)
  • June 2018 (2)
  • May 2018 (1)
  • April 2018 (5)
  • March 2018 (6)
  • February 2018 (4)
  • January 2018 (1)
  • December 2017 (10)
  • November 2017 (3)
  • July 2017 (2)
  • June 2017 (5)
  • May 2017 (2)
  • April 2017 (8)
  • March 2017 (4)
  • February 2017 (3)
  • January 2017 (2)
  • December 2016 (2)
  • November 2016 (4)
  • October 2016 (2)
  • September 2016 (1)
  • August 2016 (4)
  • July 2016 (1)
  • June 2016 (3)
  • May 2016 (3)
  • April 2016 (4)
  • March 2016 (5)
  • February 2016 (2)
  • January 2016 (2)
  • December 2015 (3)
  • November 2015 (5)
  • October 2015 (5)
  • September 2015 (4)
  • August 2015 (6)
  • July 2015 (8)
  • June 2015 (6)
  • May 2015 (14)
  • April 2015 (14)
  • March 2015 (13)
  • February 2015 (12)
  • January 2015 (15)
  • December 2014 (10)
  • November 2014 (5)
  • October 2014 (6)
  • September 2014 (7)
  • August 2014 (12)
  • July 2014 (11)
  • June 2014 (12)
  • May 2014 (16)
  • April 2014 (13)
  • March 2014 (13)
  • February 2014 (9)
  • January 2014 (20)
  • December 2013 (9)
  • November 2013 (18)
  • October 2013 (15)
  • September 2013 (11)
  • August 2013 (11)
  • July 2013 (27)
  • June 2013 (18)
  • May 2013 (16)

Best Of

  • The New Rich: How $250k A Year Became Middle Class
  • 5 Tricks To Save Money At Starbucks (Updated)
  • Destroy The 40-Hour Workweek

Recent Posts

  • How To Find A Reliable Service Provider For Currency Exchange
  • First-Time Landlord: Know Your Rights to Protect Yourself from Bad Tenants
  • Increase Your Revenue Simply by Being a Great Manager

Follow

  • Facebook
  • Google+
  • RSS
  • Twitter

Copyright © 2021 · Modern Studio Pro Theme on Genesis Framework · WordPress · Log in