I would tell young people to carefully plan what they want to do with their lives and not go to college simply to "explore." As a former college instructor, I can tell you that many dollars are wasted when students change majors several times. I would also advise them to consider a vocational trade as…
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Don't take student loans! It is a burden that goes forever. You cannot even get rid of it even by bankruptcy. My advice is pay as you go, or don't go. Or work and then go. Or work as you go.
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Recommendations relevant to high school students evaluating college/university attendance and related debts - be realistically prepared regarding overall college/university selection dollar expenditures - decide within your economic realm - *at times, however, there are financial resources assisting through college/university expenditures - and - there are certain types of financial resources that have low interest % rate payback…
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Students who choose to go to college should not expect any taxpayer funded subsidies or forgiveness of debt. No one ever paid for my college and it did take me years by working to pay for it myself. I eventually received help from my employer via a tuition reimbursement benefit, so that type of help is…
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I have not read Michael Baron’s article but plan to. My advice is for both young people and parents. I have pondered this for probably a decade. I put myself through a four year university and now have 3 children between the ages of 18-24. Generally the brain is full developed by age 25 (insurance companies know…
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It is not uncommon these days to hear stories about college graduates coming back home to live in their childhood bedroom. This after completing their degree some $100,000 later with no job in sight. Recent reports notes that in Obama's economy (because he owns it) that unemployment rates as high as 53% for recent college…
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Apply to college early; take dual enrollment classes while still in high school after making sure they will transfer to a college of your choice. Just yesterday, I heard Dave Ramsey saying that business reporters found out that the most outstanding CFOs, COOs, and CEOs graduated from state supported colleges, not the famous Ivy League…
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Look for the scholarships; they're out there. But on a related note, the only reasons the base price is so high is because the cost is "propped up" by all the entitlement-rather-than-earned government subsidies for education. When the consumer HAS to pay the cost, the demand and supply curves intersect at a reasonable point. When…
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Take general ed classes at a local TEC. Transfer after a year or two and you can save thousands.
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Start the process early. By that I mean, start getting good grades from the beginning (elementary) and continue working hard and you should get scholarship money. Not everyone is college material but if that is a person's goal they must start early.
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