How Students, Grads Use TikTok and YouTube to Pay for College

Students celebrating graduation taking a selfie

December 18, 2019 – In a US News & World Report article about how college students and graduates can earn extra money through platforms like YouTube and TikTok, author Emma Kerr quotes College Coach’s Shannon Vasconcelos on how this extra income impacts financial aid.

"In general, it's a good idea for recent graduates to devote any excess cash flow to paying off their student loans quickly," says Shannon Vasconcelos, director of college finance at Bright Horizons College Coach. However, current students hoping to earn money through YouTube should be aware of a potential drawback: They may receive less financial aid if their income increases significantly, she warns.

Read the full story here.