From the News You Can Use Archives 01/23/07
Wedding Gift? Help Pay Off Student Loans!
By Ian Crawford, Web Communications Editor
A new Web site offers a fresh twist on the usual online wedding registry. Instead of listing gifts for the newlyweds, it offers a tactful way for couples to ask for help in paying off student loans or funding their continuing education.
Newlyweds Jaime and Marc Hernandez launched the Education Registry Web site at www.educationregistry.com last summer. They work in the financial services and education fields and “therefore understand the value and cost of education and the hardships of trying to pay off student loan debt.”
Jaime and Marc explained their decision to start the site:
“When searching for our perfect wedding registry, we realized that we don't need “stuff”, we need to pay off our student loans in order to fulfill our newlywed dreams, which include buying a home and starting a family. Unfortunately, both of these dreams are very expensive as well. Therefore, we researched our registry options and found that there were no wedding registries out there that would allow us to ask our friends and family to help us with our education costs.”
Friends and family can send cash to a merchant account through the Web site and then the couple can request a check on a date of their choosing. They also receive e-mails announcing further deposits into their registry account.
The Web site also hosts registries for education savings accounts for children and tuition registries for couples who plan to go back to school.
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Story posted January 23, 2007.
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