SavvySugar

Indiana University Grad Auctioning Her Loans on eBay

Feb 28 2008 - 12:33pm

Most of you know all too well that college tuition bills can be outrageous and require hefty loans, and as new grads it can be tough to figure out a way to manage the payments each month. A couple of weeks ago I told you about Luke, a recent college grad [1] who's selling ad space on his website [2], and the money earned from companies purchasing the space goes towards paying off his student loans. He already has sponsors lined up for March and May.

While it's a different concept and less of an entrepreneurial endeavor than the ad-sponsorship concept, another college grad, Liz Huffman, has come up with her own solution [3] of auctioning her loan payments on eBay. Her current situation sounds just like Scarlett Johansson's character's life in The Nanny — she graduated with a degree in anthropology and is currently working as a nanny, though her dream is to work in a zoo communicating with primates via sign language.

So far, Liz has received a $50 bid from a woman in California and said, ā€œI think $50 is all I’m going to get.ā€

Source [4]


Source URL:
http://www.savvysugar.com/1080278