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Date Posted: 21:01:58 07/19/09 Sun
Author: Bill
Author Host/IP: 71.250.66.231
Subject: Re: It was just a suggestion......
In reply to: Craig 's message, "Re: It was just a suggestion......Thanks" on 20:35:10 07/19/09 Sun

While there are limited opportunities for this one good way to get that college education is by working for the college as I well know from personal experience. A number of my friends kids worked their way through as well over the years since then when the parents could not afford the cost of full tuition or in some cases not even part of it.
Most colleges do have this option though as I said the positions are limited but one can always try asking about them. Then there are many programs that the government or private parties offer for either grants or loans at quite reasonable cost that go begging for applicants. I believe that a few years back they were talking about the fact that tens of millions of available funding is not even applied for simply because nobody knows about some of these programs or how to put in your request to be even considered for them. The available funds in some cases are actually required to be spent and the agencies or departments that can't find takers might actually loose funding as a result of them not being spent.
There are people who make a full time job of putting applicants together with available funds and there are both publications and websites from which the necessary information for obtaining funding can be gotten if someone knows where to go and how to write up a proper proposal.

There might even be available funds for the scholarship program if someone wants to go through the necessary steps to find out and that could rejuvenate the FC scholarship fund.

We could then create a different fund for future reunion events with an account that actually does pay interest ( there are some out there just stay away from the money market accounts which are almost negative right now as well as any high risk investments if you want to not loose the available funds ).

The main problem with most bank savings accounts is they do not pay a set interest but use the money market to set the return, a fixed return account though it might not be terribly high interest does not go down to nothing when the market is flat or in recession.

The banks need to start offering better interest to get people to put money back into savings which was the traditional way they raised theior operating capital before they all went crazy over the dammned money market. That was a good place to be back when you could get from ten to fifteen percent return but when it dropped below passbook interest rates people should have gotten out ( and many did ) and the banks should have pushed the fixed rate accounts instead of thinking the money market would come back again so why bother.

Bring back the Savings and Loan and let Clarence earn his wings....

b

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