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Sunday, December 22, 2024

Meet The Scholarship Doctor Working To Cure America's Student Debt Problem - Forbes

Last updated Thursday, December 2, 2021 13:00 ET , Source: NewsService

The average college student graduates with about $30,000 in student debt. That’s a massive number for new graduates to repay, especially with high interest rates causing the debt to grow month after month. For low-income students, the expense of college and the prospect of these huge debts can be a barrier to college education. But Rhea Watson is working hard to help more students attend college for free and graduate without debt.

Also known as the Scholarship Doctor, Watson has built a business on coaching people from “zero to ninety-nine” to earn scholarships to Ivy League schools, public and private colleges, and parochial schools. Alongside her team at Scholarship Solutions, Watson has helped students earn over $95 million in scholarships over the last eight years. Her average scholar wins $250,000 in scholarships.

“My company exists because there’s a pandemic in the scholarship and college phase. I’m the Scholarship Doctor; I heal student loan debt and the stresses that come along with the college scholarship process. I’m in the business of educating, re-educating, and un-educating folks to let them know there’s a different way,” Watson explained.

The advice that Watson shares with her scholars comes from a lot of her own experiences. She was a first-generation college graduate who attended Morris Brown College on one of the biggest financial packages in the school’s history. Watson’s parents began preparing her for college from early childhood.

“[My parents] were...



Read Full Story: https://www.forbes.com/sites/pauleannareid/2021/12/02/meet-the-scholarship-doctor-working-to-cure-americas-student-debt-problem/

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