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October/November 2002  
Pay your way through school by jump-starting your career.

Love makeup and other cool fashion stuff? Work your way through college as a Mark sales representative.

From start-up to stardom, find financial aid support at YoungEntrepreneur.com.

Find the financial aid
know-how you need in
NewsClick's Archives.

Redefining Office Space
By Robyn Tellefsen
October/November 2002

The CollegeBound Network NewsClick -- If you've ever rented the 1999 JENNIFER ANISTON flick, Office Space, or read Dilbert, you know cubicles and fax machines are often a cause of great stress and anxiety to disenchanted employees. Young entrepreneurs taking advantage of the new Student Enterprises Program at Houghton College, however, have a different view. They see office space as a way to get their businesses off the ground, and score some much-needed college cash.

The Houghton, NY-based school began the business incubator program to provide students with space and key resources rent-free. Amenities such as dedicated phone lines and high-speed Internet connections are available to those who will write business plans to be implemented, and use faculty members as a resource in their endeavors. One student, Matt Eubanks, a senior majoring in business and political science, avails himself of professorial assistance to run MDCall Inc., a computerized answering service for doctors.

Has Matt's business been showing him the money, though? "Definitely," he declares. "My business secured me a job after college." Though his parents help him out with college costs, Matt estimates his business earnings could at least pay this year's school bill of over $22,000.

Dan Yarrington, a senior majoring in English and business, has also been cashing in on his company. He's the co-founder of Myriad Games, a Web site that sells collectible games and offers specialized services for players.

By utilizing the school program, Dan is capitalizing on his college classes. "I get the hands-on experience of taking what I'm learning in accounting, and being able to apply it immediately," he shares. "That's invaluable!"

While scholarships cover most of his educational expenses, Dan's business income has helped in other areas. "[My partner and I] have been able to pay ourselves back for our investment," he says. "It's at least equivalent to working somewhere else -- but it's a lot more interesting!"

Matt and Dan aren't the only student business owners who can reap college cash rewards, either. "There's a great potential benefit for the average student to help subsidize college education costs," affirms Ken Bates, chair of Houghton's business department.

If you've already got your own business, or would like to try it out for some college funds, there's no need to defer your dream while you get educated. Through programs like this, you can have office space, make some money -- and even enjoy the view!

...


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