How can I get 100,000 dollars?
August 10th, 2010
Hello I recently had to drop out of college. I only have a year left but it is just too expensive for me to finish. I cannot even begin to express how difficult this is because not only have I let myself down but my family is also ashamed of me and now no one believes that I will amount to anything. I have really bad credit so I cannot take out loans and I currently owe my school 6,000 that I cannot afford to pay. I don’t qualify for grants because my mom’s income puts me in too high of a tax bracket and I have tried applying for scholarships but nothing ever goes from it. I attend an out of state university so roughly just for tuition it costs me 26,000 dollars a year meaning that I am already 76,000 dollars in debt not including the money I owe to my school currently and the credit card debt I have that I used to pay other bills. I do have a full time job but I still don’t make enough to save money because of the bills that I have. If I could eliminate my debt including my student loan debt and finish my last year of school I could start giving back to the community and really do what I want to do with my life.
My goals are to work towards fixing poverty in the US as well as other countries. I currently try to volunteer as much time as I possibly can by having 2 girl scout troops. I am with one of my girls almost everyday helping them with homework or providing childcare because their parents cannot afford it. I signed one of them up for basketball and take her to her games and practices. I would love to be able to volunteer more however I cannot with my work schedule. I would love to have a degree so that my family isn’t so disappointed in me as well as for myself so I can be an educated person. Plus with having spent so much money already on college it would be so stupid for me not to finish. I am putting in anywhere from 38-73 hour work weeks but still only have enough to pay my bills. Does anyone know how I can make 100,000 dollars so I can get almost completely out of debt and finish my last year of school? Please don’t waste my time by giving stupid answers I really don’t have time for it and I just need some help.
I am not looking for a loan. I am looking 100,000 whether someone know of people who give away that kind of money or a job that I could gte without a degree where I could make that kind of money. Also if I transferr my credits I will lose a year and a half of credit because my major isn’t offered in state. I actually now have residency in the same state as my school but because I came to Indiana for school they will not give my instate tuition even though I could now go to any other in state school and get instate tuition. Also they won’t release my transcript until I pay them the almost 7000 I owe.
I did cut back on my volunteering a lot already. The local university is where I was going to school. Everyone keeps responding with such simple answers, don’t you realize that if there was a simple answer that I would have done it. I am working my butt off by working the hours that I work and still trying to do a little good in the community.
I wouldn’t become a stripper. For those who can do it I pass no judgement but it is not for me.
I have looked at filing for bankruptcy but student loans aren’t part of it and since that is the majority of my debt what would be the point.
My living expenses are as follows:
362.50 for rent, roughly 60 for electric, water is included, don’t have cable, internet and water are free, I have a payment of 156.00 dollars that I pay every month to a loan consolidation place for my creditcard debt. Cell phone is 40 dollars a month but it is my only line, and then my student loan payments which are 396 dollars a month.
I finally turn 24 this year. So it won’t be an issue any more because legally I cannot be claimed by my mom but I tried to emmancipate myself and she wouldn’t cooperate because she wanted the tax breaks. It isn’t an easy as you would think. I tried even had a lawyer and everything. It didn’t work just so you know.
Posted in Grants Free Money | 
Tags: applying for scholarships, bad credit, basketball, childcare, credit card debt, educated person, full time job, games, girl scout troops, girls, Grants, homework, Loans, mom, much money, parents, poverty, student loan debt, tax bracket
That’s just life I’m afraid.
All you can do is get a really good paying job or a partner that will help;- I’m not sure how I can help but I wish you the best of luck xxx
Edit;- Do NOT do what the person below me says and become a stripper;- If you have any dignity and self worth.
why dont you attend a college that is in state so its only 10,000 a year. Also if you are in college, im assume that you are over 18, it doesnt matter what your mom makes. If it does tell her to stop claiming you on her taxes. That way it will screw her over too b/c you save alot of money claiming some one. if shes not going to help you out then dont help her out.
Also you will never get a 100,000 loan. its hard for people with good credit to get loans let alone a person with bad credit, who doesnt have a good job, and will most likely just default on all the payments.
Obviously something has got to give. If you are dead set on getting the degree, you are going to have to temporarily cut back on something. Since you are obviously in debt, you may have to temporarily reduce your volunteer time and devote that to getting the degree.
Start by contacting a local state university. You will find it much cheaper to get those last few classes in. See how many of your current credits will transfer. Then, figure out what you need to graduate. Most colleges/universities nowadays have online classes. Start by taking some of them toward your degree. This allows you to work around your work schedule and saves gas/commute money.
The problem with your situation is that you are trying to please too many people – you need to take a hard look at what you are doing and prioritize. If volunteering is the priority, you are probably going to have to give up the college degree. If the degree is a priority, you need to cut back on the volunteering. If you want to get out of debt first, you need to postpone both the college and volunteering and work on paying your bills. This is, unfortunately, a reality of life that we can’t do everything we would like to.
Sounds to me like you need to start with Bankruptcy. It sounds like a viable option considering you don’t have any assets (I don’t think, or they would have been forclosed on already). It will leave a mark on your credit for 5-7 years, but if you hold a regular job and can pay your rent on a regular basis, you should be able to get an apt with a friend helping (at the least). With that kind of debt I can’t imagine how long it would take to get out without claiming bankruptcy, but you should probably see a lawyer and see what they have to say.