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

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Synopsis

These days, most people assume you need to pay a boatload of money for a quality college education. As a result, students and their parents are willing to go into years of debt and potentially sabotage their entire financial futures just to get a fancy name on their diploma.

But Zac Bissonnette is walking proof that this assumption is not only false, but dangerous-a class con game designed to rip you off and doom your student to a post-graduation life of near poverty . From his unique double perspective-he's a personal finance expert (at Daily Finance) AND a current senior at the University of Massachusetts-Zac figured out how to get an outstanding education at a public college, without bankrupting his parents or taking on massive loans.

Armed with his personal knowledge, the latest data, and smart analysis, Zac takes on the sacred cows of the higher education establishment. He reveals why a lot of the conventional wisdom about choosing and financing college is not only wrong but hazardous to you and your child's financial future. You'll discover, for instance, that:

  • Student loans are NOT a necessary evil. Ordinary middle class families can- and must-find ways to avoid them, even without scholarships.
  • College "rankings" are useless-designed to sell magazines and generate hype. If you trust one of the major guides when picking a college, you face a potential financial disaster.
  • The elite graduate programs accept lots of people with non-elite bachelors degrees. So do America's most selective employers. The name on a diploma ultimately won't help your child have a more successful career or earn more money.

    • Zac can prove every one of those bold assertions - and more. No matter what your current financial situation, he has a simple message for parents: "RELAX! Your kid will be able to get a champagne education on a beer budget!"

    Copyright:
    2010

    Book Details

    Book Quality:
    Publisher Quality
    ISBN-13:
    9781101458969
    Related ISBNs:
    9781591842989
    Publisher:
    Penguin Publishing Group
    Date of Addition:
    Copyrighted By:
    Zac Bissonnette, 2
    Adult content:
    No
    Language:
    English
    Has Image Descriptions:
    No
    Categories:
    Nonfiction, Business and Finance, Education
    Submitted By:
    Bookshare Staff
    Usage Restrictions:
    This is a copyrighted book.

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