As the cost of a college education continues to increase at a rate of about 9% annually—nearly three times the rate of inflation—more and more college students are taking out loans to cover tuition, fees, and other expenses. Median undergraduate student loan debt is currently close to $20,000, and graduate students end up with an additional $32,000 in debt upon graduation. Pile on thousands more in credit card debt, and many college students today graduate with massive financial burdens that they are not prepared to handle.

 

In Zero Debt for College Grads, noted personal finance expert Lynnette Khalfani provides a thorough roadmap for stress-free living that will allow recent graduates to focus on their burgeoning careers while navigating the ups and downs of their financial responsibilities.

 

 ”"Zero Debt for College Grads,”" by Lynnette Khalfani, puts into plain English what many recent college graduates need to hear: lay off the credit cards and expenses and be a bit more realistic with your lifestyle. –The New York Post

5 Responses to “Zero Debt for College Grads: From Student Loans to Financial Freedom”

1. Midwest Book Review says:

   November 3, 2007 at 12:00 am

   Personal finance expert and television personality Lynnette Khalfani presents Zero Debt for College Grads: From Student Loans to Financial Freedom, a guide that lives up to its title. Written in plain terms for readers of all backgrounds, Zero Debt for College Grads covers money management lessons not taught in school, how to negotiate with a lender for better terms on a loan (or with an employer for help with loan repayment), determine what to do if immediately paying off a loan is not possible, clear up defaulted loans, establish a good credit rating, and much more. The tips range from cutting housing, transportation, and clothing costs to earning extra money at home (sell extra stuff, get a roommate or tenant, and itemize your deductions) to the pros and cons of loan consolidation to how to wipe out the plague of credit card debt. A “must-have” for anyone about to graduate from college.
   
2. Christy Hoy says:

   January 21, 2008 at 12:00 am

   I recommend any one with college debt or any considering going to college to read this book. Its wonderful. I have alot of debt and this is helping eliminate it quicker thank I thought. Thanks!