Entrepreneur Stories: Helping Students Pay for College

6629054127_6651867221I attended a Homeschool Convention last Friday and I met a woman that started a business helping students pay for college. It is a passion of mine to help teens get through college without debt and this lady is making it happen every day! Here is what she does.

Her name is Cheri Frame and her business is called Credits Before College. She holds workshops, is a consultant and has written resource materials to help students and parents. The main idea of her business is to make students and parents aware of the options to take exams and earn credits for college through CLEP® and DSST® programs. Students can register and take exams in over 30 courses and if they pass, they will earn college credit. This can dramatically reduce the cost of a college education.

What is inspiring about this story is how it got started. A few years ago, Cheri and her husband grew very concerned about how their children were going to pay for college. Seeing so many people graduate with high debt and limited options made them start investigating ways to get through college debt free. This research really paid off when they were able to see two children graduate from 4-year institutions for as little as $6,000! They began using this information to help friends and family and decided to start a business in 2006.

Here are some things we can learn from this Entrepreneur Story:

·         Start something that matters – This business has a dramatic impact on people. It has the potential to change the financial course of a young person’s life. When you do that you can have an impact on generations.  If you have a business idea that can have such a positive result, it just makes sense to pursue it.

·         Turn your hard work and passion into a business – Cheri did the hard work in preparing her own children to be debt free. When you hear her story you realize that this is a passion and a mission for her. She was moved to tears at the thought of her children having crippling debt after college. She set out to help others get through college with financial freedom. The natural result was a business involving speaking, writing, selling and consulting. All with the goal of helping people achieve financial freedom while getting an education.

·         People will pay for your experience and knowledge – My wife and I were happy to purchase her book on getting through the CLEP® process. Her workshops sell out and, from the feedback that I observed, her message is valuable. If you have information on how to solve a problem, or make life easier or better, you may have the makings of a great business idea.

Please consider how you can do the same. Do you have a message that people need to hear? Have you or someone in your family accomplished something remarkable? Have you solved a problem that affects other people, like helping students pay for college? Are you passionate about your story? Maybe you can create a business that matters doing something you love as well! If you need some help with an idea, shoot me a note. rocky@workyoucanlove.com  Leave a comment below if this was helpful to you! Thanks for taking the time to read this article! I hope it makes a difference!

About The Author

Duane Rockensock

Duane (Rocky) Rockensock is a husband, a dad, and the National Reconditioning Manager for AmeriGas Propane. Since he was a teenager, Duane has loved hearing the stories of how people have started creative businesses or found ways to use their talents to accomplish amazing things. For that reason he started this blog to encourage teens and adults to find their purpose and to provide the tools and resources to make that happen!

  • Another great resource that is hand and glove with being a leader (aka student with vision and no debt):
    http://www.bestprep.org/programs/minnesota-business-venture/#RBL

    “Minnesota Business Venture (MBV) is a residential summer program that brings high school students together to spend a week learning about leadership, business, financial literacy, and career options.”

    This summer camp was shared through MACHE just the other day. I followed up with a phone call to the program manager. It looks like a fabulous opportunity for high school students. The video clip on this website is well done and informative on what the program is about.

    I signed up as a volunteer for the week hosted at St. John’s University. If your student is interested and needs financial assistance, I will be receiving information on that in a few days and can pass along if you are interested. I would love to see familiar faces there that week.

    There are spots for 400 students, half of which are filled. Invite friends!

    • Cheri, this looks like a great program. Thanks for passing the information along!