Debt-Free U: How I Paid for an Outstanding College Education by Zac Bissonnette

By Zac Bissonnette

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In maintaining with the recent frugality, this faculty advisor, written via a senior attending the college of Massachusetts, deals functional suggestion on how one can pay for faculty with out removing loans. Decidedly old style in method, Bissonnette advocates that scholars may still endure the brunt of deciding to buy their educations by means of operating whereas in university and through breaks. He additionally means that attending group university for 2 years prior to moving to a four-year university or collage might move far towards slicing expenses. Systematically and amusingly debunking the choice standards utilized by U.S. information and international record and others to rank elite faculties, Bissonnette is a robust recommend of attending economical nation colleges. He makes features approximately how debt from pupil loans frequently prevents contemporary grads from beginning households or deciding to buy houses. He additionally offers convincing learn that elite graduate courses and selective employers settle for a lot of people who've attended nonelite faculties. even supposing the strictly dollars-and-cents method of better schooling would possibly not take a seat good with a few mom and dad, this can be a well timed advisor to a call that has very important monetary ramifications. --Joanne Wilkinson

Review

"If the nationwide organization for school Admissions Counseling had expected the dire results of 1 of the neatest young children in the USA encountering the ill-examined assumptions in their career, they could have came across a way to shop for him off, perhaps a whole trip scholarship to Harvard. Too past due. Bissonnette is 21 now, a senior on the college of Massachusetts. He has written the simplest and such a lot troubling booklet ever in regards to the collage admissions process."
-Jay Mathews, The Washington Post

"Let Zac Bissonnette assist you plan for college-where to head, what to review, and the way to pay for it-and you are going to end wealthy"
-David Bach number one New York Times bestselling writer of The automated Millionaire and Start past due, end Rich

"In the recent economic climate, your collage selection is necessary. Zac Bissonnette's Debt- unfastened U is the only publication you want to make this life-changing decision-- completely researched, clever, and humorous. Grade: A+."
-Ali Rogers, CBS Moneywatch. writer, Diary of a true property Rookie

"With Bissonnette, college-bound scholars and their mom and dad ultimately have an independent resource to assist make an informed determination approximately settling on and affording university. let alone, his suggestion will help pocket tens if no longer millions of greenbacks. need to make a wise funding during this economic climate? purchase Debt-Free U."
-Farnoosh Torabi, monetary professional and writer of Psych your self Rich

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Additional resources for Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching Off My Parents

Example text

The question is how much of your home equity you should contribute. If you’re like the vast, vast majority of parents, the answer is zero. You need that home equity for your retirement because you most likely don’t have enough in IRAs, 401(k)s, pension entitlements, or Social Security benefits to guarantee a comfortable retirement. And making payments on a home equity loan may be difficult if you get laid off or sick, and you may need to preserve that equity for any number of curveballs that may come your way in your golden years.

Worse, studies have shown that people who graduate from college with significant debt loads are more likely to suffer from anxiety and depression and are less likely to pursue the careers they want—the ones that excite and inspire them—in favor of those that offer higher starting salaries. It doesn’t have to be that way. In this book I’m going to show you and your college-bound child how to use the college years to develop the skills and a financial platform that can make her a millionaire by the time she’s forty, doing the work that she loves.

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