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As many high school students wait on pins and needles to see if they got into the college of their choosing, others are far more anxious about finding a way to pay for that schooling. To avoid the multi-decade financial burden of student loans, soon-to-matriculate seniors are flocking to crowdfunding as an alternative financing solution for their studies.
According to a recent report from GoFundMe, 130,000 students have raised $60+ million for college expenses on their platform to date. The report breaks down the data by state and even offers some tips for hopeful college crowdfunders.
– Thomas Schroder, Krowdfund.com