I don’t know how much your dream school costs. Maybe $10,000
per year. Maybe $100,000 per year. Regardless, what could you do with all that
money you’re not spending on school because you’re funding college through
scholarships?
1.
$20,000 (a $5,000/year school) = 40,000 Krispy
Kreme doughnuts (and a stomachache)
2.
$40,000 (a $10,000/year school) = $1,256,376.80
if you invest it at 9% annual compound interest for the next 40 years until you
retire (not only did you fund scholarships through college, you became a
millionaire because of it!)
3.
$60,000 (a $15,000/year school) = 0.92 nights in
the Royal Penthouse Suites in Geneva, Switzerland (What’s 0.92 nights? I don’t know.
It’s kind of like having 2.4 kids.)
4.
$120,000 (a $30,000/year school) = a nice little
uninhabited island in Fiji (in case you went to college to be a hermit)
5.
$200,000 (a $50,000/year school) = 5 minutes in
space aboard Virgin Galactic (do you realize that’s $667 per second?!)
Okay, so even if you don’t do any of those things, you have
to admit—it’ll be nice to have the extra cash you’ll get from funding college
through scholarships.
