Sunday, August 31, 2014

Students turn to crowdfunding to pay for college - Jana Shortal, KARE 11

"It does cost somewhere between five hundred dollars a month and one thousand dollars a month for a newborn to start funding for college if you want to fully fund," Natalie Brinkman of Prosperwell Financial pointed out for parents saving now for kids to go into higher education the years down the road. Crowdfunding is social media meets fundraising, and college students are using websites like GoFundMe.com or IndieGoGo.com to raise funds. And now, crowdfunding has become popular with students looking to pay for college. According to data from the website GoFundMe.com, 212 students used the site to raise college funds in 2010. So far in 2014, more than 153,000 students have done it or are doing it. http://www.kare11.com/story/life/family/take-kare/money/2014/08/18/thousands-of-students-turn-to-crowdfunding-for-college-tuition/14148553/