Category Archives: Student Debt

Student Debt – We Crank Up the Time Machine!

The Student Debt in a Parallel Universe

Travel with me to the land of your younger, less-wise self, and live to teach others your new-found wisdom! That’s the offering in this week’s episode of The College Money Mom, as we explore the overwhelming mountain of student debt many of us racked up during college. It’s not too late to get repayment under control, as we will learn in the weeks to come. But for now, we owe it to our college-bound children to keep them from stepping blindly into the same financial pit.

A Low Carb Pasta moment!

This week I am writing a script about repaying your student loans. This is for a few weeks from now.  Needless to say, this is a stressful subject.  So much to explain in under 3 minutes!  It just makes me want to eat a giant bowl of PASTA! What’s a low carb College Money Mom to do?  Why, cut up a spaghetti squash, of course! Voila! Low Carb Pasta!

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You know you want some! Do this:

Cut a spaghetti squash in half. Scrape out the seeds and other goopy stuff,  leaving the rind intact.

Cut it in quarters and put it in a microwaveable cooking bowl. Put in an inch or two of water. Cover and nuke for 10-12 minutes on high.

It’s done when you can poke a fork through the rind material and it starts to shred easily. Drain and put the pieces aside to cool a bit. When you can hold them comfortably, remove all the shreds of cooked rind. Guess what it looks like? Yup, spaghetti! Yay!

You can eat it plain or with spaghetti sauce. I like to add melted butter (real butter please), salt , a little garlic powder, and a generous crank of my favorite black pepper.  Back to work now…see you on Youtube!

FAFSA – Not That Scary!

Don’t run! It’s just the FAFSA!

Just sit down and watch this video. You might just feel a whole lot more confident and ready to tackle this infamous government financial aid form. After all it’s the most effective way to get money for college! It’s hard to believe, but the FAFSA is the gateway form to just about all the college financial aid there is.  The Federal Government takes the information you enter in the FAFSA form and computes your Expected Family Contribution or EFC. Almost all colleges take their cue from the EFC when it comes to handing out  grants, scholarships, work-study funds and federal student loans. Compared to the much more invasive CSS Profile form used by about 250 elite private schools, the FAFSA is a comparative snap. But stay vigilant and do your homework. This is your chance to get your fair share of the Federal student aid pie.