Sunday, October 25, 2009

Fundraising: The Student Loan Book Blues NoMore

If you’re like me, you may have a somewhat intimate relationship with that money hungry queen of student loans, Sallie Mae. Like a jealous lover she’s always looming at the end of my month waiting to take any extra money I make.

When I began to sell my chakra paintings at $5,000 each, I decided to offer my student loan payment book out in lieu of payment directly to me. And so, when I sold the first painting in the series, instead of receiving a check, I received something better, a respite from my relationship with Sallie Mae. Along with a signed agreement, the buyer took my payment book and kept it for four years making the $217 payment each month.

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