Unemployed College Graduates - Making Money Online

Financial Freedom, Personal Finance, Suze Orman No Comments »

Suze Orman Gets Call From Desperate College Graduate

Graduate gets sticker shock from loan payments!

Unemployed College Graduates and students are now turning to the internet to make money. Why? A recent call into the “Suze Orman Show” may give you a clue. Just like millions tune into Oprah for solutions to their personal problems, millions tune into Suze for their money problems. Suze’s “energizer bunny” optimism, warm personality and infectious smile are hard to turn off once you tune in. The show is such a big hit with college students, it’s no surprise her latest work The Money Book for the Young, Broke & Fabulous has been on the Amazon bestseller for some time.  Needless to say when Suze entertains calls from viewers, many are college students. Being a financial genius, solutions usually roll off her tongue without hesitation, however one caller left Suze a little perplexed.

Nicole was a female College Graduate who had taken out over 90k in student loans, 130k total with interest, now after graduation her monthly payments were $1300 a month, ouch. “What did you go to College to Study?” Suze asked. “To be a Fashion Designer,” she said meekly. Suze gulped, then asked her if she’d thought about all this in hindsight. “When you’re young you have all these aspirations,” she answered. Since students loans can’t be written off in bankruptcy, the only advice Suze could give her was to find a job that would cover the monthly payments and hopefully leave her enough money to live on.

If this college graduate was a victim of her “aspirations,” her university is just as guilty by catering to those “aspirations.” Apparently a counselor didn’t sit her down and explain the realities of the job market in that field. If the 90k in loans had been spent on a Medical or Law degree, this young lady would have a chance, but how plentiful are high-paying jobs in Fashion Design? While nothing is impossible, unless she was exceptionally talented (not to mention living in New York), chances are she won’t find any opportunities in that field. She’d probably end up doing something totally different; and since most entry-level jobs start between 25-30k, the loan would take up almost half of her monthly income. Needless to say, she’ll probably be living with her parents a long, long time.

So What’s A Debt-Ridden College Graduate Left To Do?

If you can’t get a break make one!

Savvy, ambitious Graduates and students are bypassing conventional opportunities and turning to the internet to make money. Many have realized in today’s world where degrees are a “dime a dozen,” you won’t get a break unless you make one for yourself. In fact, neither Bill Gates, the owner of Microsoft or Media Mogul, Ted Turner finished college. Ted Turner was actually kicked out! These were people who bucked traditional 9 to 5 jobs and made their own opportunity.

Learning how to make money online is no easy task, however for people who have smarts, patience and persistence lucrative opportunities abound. College graduates and students are ideal when it comes to the type of people who succeed online. Students are open to learning new disciplines and applying concepts. The fact that someone has even completed college proves they have patience and persistent.

Knowledge of the following basics are needed when it comes raking it in on the internet: Research, Web Design, Marketing, Search Engine Optimization (SEO), Pay Per Clicks (PPC), Idea and Business Development. Who can teach you all this stuff? Well there are plenty of so called “internet gurus” who will tell you they can, then shove a $100 e-book down your throat. Their manipulative sales copy usually hook people in with the promise of a “web business in a bottle” type of message. Newbies seeking knowledge, often spend hundreds on guru products at the beginning of their web venture, because there was little alternative.

A University That Teaches You How To Make Money Online?

Many young people have found success through Wealthy Affiliate University

Luckily those days are over thanks to Kyle and Carson, Owners of “Wealthy Affiliate University.”  The two 26 year-old millionaires have been making a full-time living online for the last 6 years. In 2005 they launched WA University in order to help teach others how to build thriving online businesses. Unlike other Internet Gurus, who sell you a useless e-book and run; Kyle and Carson provide continuous 1-on-1 support through their membership site, which has become the largest on Internet.

The low monthly fee is peanuts for the value offered to members. The mega site offers an 8-Week Action Plan, One-on-One Support, Coaching, Video Training, Website Development Training, Internet Marketing Training Guides, Tutorials, and the famous Wealthy Affiliate forum. The best feature of the site is the 8- week action plan. A step-by-step plan that literally walks you through the basic to the most advance techniques used to make money.

While other copycat sites are just interested in collecting monthly fees, Kyle and Carson have structured their site into an interactive boot camp of sorts, where action is not only encouraged, it’s required. These guys know from experience that only through “taking action” will members find success. Many people find that the famous Affiliate Forum alone is worth the cost of membership. The forum gives beginners the opportunity to communicate with intermediate members who have become millionaires.  There are endless success stories associated with WA University, however the testimonies from the younger members really stand out. One member, Cody stated “Before I came across Wealthy Affiliate University, I was a bit lost in life; just out of college, working a job that I didn’t hate, but also didn’t particularly like. I needed something else. More excitement, more money, more of something I could call my own.”

Ironically it was tools he learned at WA University that helped him apply the knowledge he learned in School. “I’ve always been a business kind of guy and WA woke me up to a whole new world of marketing. It allowed me to use the marketing knowledge I learned in business school to market any kind of product I wanted…” He concluded, “I’m now making $500 a month profit after just a few months. This number is growing every month…It’s definitely a way to make some extra money when I need it. Who knows how far it could go!” Another young member named Brandy, who has been with WA for over 2 years, consistently makes over $500 a day from her online business.

And anyone making $500 a day certainly won’t have a problem paying their student loan.
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