Paying for a college education has been a challenge for many over the last few generations. While the need to have at least a college education has grown from a nice to have to a must have over the last 30 years the price of a college education at a private institution has reached up to $200,000 for a four year degree. Gaining a college education has continued to be more and more vital to the earning power of an individual but the ability to pay for a college degree has quickly grown out of reach for many.
In the last 10 years the average college graduate leaves college with a degree and around $25,000 of debt. While this may seem like a small amount given the lifetime earning potential of a college graduate, the ability to pay off that debt gets greatly hampered by life and its necessities such as a home, marriage and a family.
Imagine a different scenario. Imagine what it would be like if you could crowdfund a college education. In essence count on the power of your network of friends and family as well as the generosity of your social community and the world community at large to fundraise for your college needs and graduate debt free or with a debt that is much lower than what you expected. Well, this is no longer left to imagination as many people are crowdfunding their college education each day