How to Survive College
from daveramsey.com on 26 Apr 2011
By Rachel Cruze
For a lot of high school students, a graduation ceremony is a proud moment—and it should be. Twelve years of studying, taking tests, and attending class finally pay off.
In the crowd, parents, grandparents, aunts, uncles and family friends all look on with a smile as these new high school graduates stroll across the stage, accept their diploma, and begin their new lives.
For most, college is the next step, and the future is bright. That’s the good news. The bad news is that too many students step on to a college campus without a clue about how to handle money.
Moving away to college is the first time that many students will experience living on their own. Unfortunately, managing money and the cost of living isn’t even on their radar. Instead, they are imagining how to decorate their dorm room or which fraternity they are going to join. This lack of knowledge and preparation can cause huge problems when they can’t pay a bill that’s due or when emergencies happen (which they will). Students go to the one thing they truly believe is a solution: debt. Why? Because no one has shown them a different way.
To make a bad situation worse, credit card companies take advantage of this lack of knowledge by making college students—especially incoming college freshmen—their target audience. The “normal” college student enrolls without any debt and graduates with over $27,000 in debt and an empty bank account. The college-bound kids you know will more than likely fall into this trap of “normal” unless you arm them now before it’s too late! They don’t realize that the decisions they will make in the next four years can affect them for the next 40 years.
Rachel's Been Where They Are "Having just graduated from college a few years ago, I know the pressures that college students face."
Having just graduated from college a few years ago, I know the pressures that college students face. I was bombarded by the credit card offers. I was right there in the trenches with every other student, seeing the struggles they face. So for the last year, I’ve been working with my dad, Dave Ramsey, and our team to start a movement by talking to my generation about money and debt.
For so long, people have been coming up to me saying, “I wish I would have known this stuff when I was in college.” Do you feel the same way? Don’t you wish someone sat down with you and stressed the importance of living on a budget, staying away from credit cards, picking the right friends, and even the importance of giving your time and money?
I am so excited about this new project that addresses those exact things! The Graduate’s Survival Guide was created just for high school grads to empower them with practical how-tos for navigating through daily college life. It includes an in-depth Q&A book and a four-part DVD that will feature me and my good friends, Jon Acuff and Christy Wright, as we talk about what students can expect and how to be prepared.
Give the college students you know a little “preventative medicine” now so they won’t have to deal with the disease of debt later. Get The Graduate’s Survival Guide and confidently send them off to college!
Learn how you can book Rachel, Jon or Christy to speak to your high school or college group.