by Jordan Cooper
Most college students get some form of financial aid and the first student loans started at Harvard College and other Ivy League Universities. Sometimes it takes people a few years or a few decades to pay back student loans for their undergraduate, graduate, and professional college education. Students must show their income to be able to receive financial aid.
These student loans come from banks approved by the federal government. However, parents and students cannot use collateral like they would at bank to obtain a student loan. A real property, personal property, and commodities are traditionally used at banks to be approved for a loan. For an example, watches, jewelry, interests in lounge seats at a sports arena, gym memberships, tractors,concert tickets, antique furniture,
collectible pictures, and musical recordings can all be used as collateral.
Colleges are supposed to upskill a student and their family to understand their value as a person. Any type of loan creates credit when it is compensated for properly. People conventionally need this to purchase land, motor vehicles, cable television, cellular phones, and other things. Parents and students need the opportunity to continue to improve their credit. Using collateral for student loans can be productive for an asset portfolio.
Jordan Thomas Cooper is a 2015 graduate of the University of South Carolina with a degree in History and a 2010 graduate of the RealEstate School of Success in Irmo. He is the first African-American to serve in both the governor and lieutenant governor’s office as an aide and first to serve in the Inspector General’s Office in S.C. (Haley) He is also the first person to serve in the top three offices in the gubernatorial line of succession in South Carolina (Haley, Bauer, McConnell). He says research shows he is the second black presidential campaign speechwriter in American history and the first for a GOP presidential campaign (Bush 2015). He also played football for Coach Steve Spurrier.