Zero Debt for College Grads: From Student Loans to Financial Freedom

by Lynnette Khalfani and Lynnette Khalfani-Cox

Book Overview

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,... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1427754640
• ISBN13: 9781427754646
• Release Date: May 2007
• Publisher: Kaplan Publishing
• Length: 224 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"

Customer Reviews

GOOD BOOK

SO FAR SO GOOD - NOT ALL THE WAY THROUGH THE BOOK YET, BUT I DO THINK I FOUND UNCLAIMED MONEY ON THE RECOMMENDED WEBSITE AND HAVE ALREADY SUBMITTED MY CLAIM TO THE STATE TREASURER. GOOD TIPS INSIDE, WORTH THE READ FOR THE SMALL COST - ESPECIALLY IF YOU DON'T UNDERSTAND HOW YOUR STUDENT LOANS WORK.

This book is great!

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!

A "must-have" for anyone about to graduate from college.

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.

Helpful and Insightful

My mother loves saving money and making a budget so I grew up in an atmosphere of financial gain. After college, grad school, and entering the "real world" for the first time I found myself charging too much on my credit cards and having to pay high student loan fees. I heard Ms. Khalfani on the Russ Parr Morning Show and I decided to give her book a try. Now there was a lot of information that did not pertain to me because I'm not heavily in debt, BUT everything she said was on point. She offers great money saving suggestions/options that I forgot about or was too lazy to actually do; she provides wonderful links and info on ways to "beat the system." For example, my mother has been nagging me for months to call my credit card company's to lower my interest rates. I slowed around to doing it but I was glad to read that Ms. Khalfani mentioned the same advice, she tells ppl how to get through to creditors, how to lower their interest rates, how to move their payment dates and why. Most of all she provides one of the best suggestions for credit card debt reduction. Overall I found her book to be full of great information. This book is for those who truly want to pay off their bills and not just pay on them or live paycheck to paycheck. If you want to eventually, have more money in your pocket I suggest you buy this book. Edited Aug. 7, 2007: I strongly believe the author provides the readers with enough suggestions to bring in additional income. She spends an entire chp. discussing how to cut corners how to help you manage your debt. I can see her getting out of 100,000 dollars of debt by slicing her living expenses in half and getting another income flowing. I think anyone even with limited means can do this. Essentially what the author is saying is that if you live in a 1 bedroom, downgrade to a studio and get a part time job. Or move into a 2 bedroom with a reliable roommate. I think a lot of her tips are helpful. However, I do think for some who are aware with budgets and how they work I would recommend her other books, such as, The "Money Coach's Guide to Your First Million." If money is extremely tight and you are working on a really tight income with high debt I also recommend: "Girl, Make Your Money Grow!: A Sister's Guide to Protecting Your Future."