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Why Apply For Scholarships

With the high costs of college tuition, applying for scholarships should be a standard ritual for students, and parents, who don't want to be burdened with debt for years after graduation.

Student loans have to be paid back because government backed student loans are recycled so future students can benefit from the money.

Many students mistakenly think that they will get a good job after college and easily afford to pay their student loans off, but they have no idea of what lies ahead. In the real world, nothing is that easy.

It is estimated that many students will incur loans of up to, and over, $30,000 during their college years, and with each passing year, the costs are likely to increase.

Ask students who spent 4 or 5 years in college over the past 20 years or so and they will tell you, the debt burden is horrendous and if you miss payments, it goes on your credit report and it hurts your credit score for years to come.

You constantly hear sound bites about the cost of getting an education on the news, read about it in newspapers and magazines, hear politicians talking about it all the time, and yet, no one has a solution and nothing seems to end the rising costs of tuition.

The truth is, along with the rising costs of everything else, very little can be done, so it's up to the student, and their parents, to formulate ways to pay for college without borrowing massive amount of money.

The point is, if you are going to compete in today's fast paced economy, regardless of the costs, a college education is a necessity. Scholarships and grants can help offset those costs tremendously.

It is estimated that millions of dollars in scholarships and grants go unclaimed because students either don't know about them, or they don't take the time to apply, which is unfortunate for those who need the the money.

There are books and other publications found in local libraries and book stores that list the available scholarships in communities and states around the country. You can also find sites on the internet that offer information about scholarships and grants.

As a student, you have to do your homework and put in the time and effort to win one, or more, of the thousands of scholarships that are offered throughout the country every year.

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