Skip to comments.8 extreme ways to avoid college debt (CNBC chimes in)
Posted on 05/11/2014 6:40:02 AM PDT by Libloather
Make an emancipation declaration
Get hitched (and marry down)
Join the military
Welcome the welfare state
Crowd-fund your tuition
Sell your genetic material
Reimagine the semester abroad
(Excerpt) Read more at money.msn.com ...
The best way to avoid college debt is to not take out any loans.
Go to trade school for something like welding, plumbing, HVAC, etc. so you can graduate and get a high paying job within a couple of years.
College of the Ozarks (”Hard Work University”)
12 Tuition-Free Colleges
How to go to college for free
Where to Find Free or Low-Cost Job Training
From age 16-20, serve plates of food at Los Amigos, change adult diapers at Sunset Acres Care Center, and clean the homes of friends. Save the money.
Go to college.
Don’t buy a car.
During the summer break, resume working.
Graduate debt free.
Get an entry level job at a company that offers tuition reimbursement. Take evening or online college classes. It takes longer, and it’s a lot of work, but you end up with a degree AND work experience AND no student debt.
take high school ap classes, start college with three semesters of credit.
live at home,
work full time attend college part time
Sell ur blood
It is also not ‘avoidance’. My son enlisted for this monetary assistance which was helpful, but his debts are paid, not avoided.
Renounce your citizenship, leave the country, come back as an ILLEGAL, and get a FREE RIDE, at least here in Texas, thanks to Rick Perry and the rest of the Republican Establishment.
Do as much undergrad work as possible at junior college. Then get a degree in a field where there is work.
And don’t party your life away at College. If possible live with your parents and go to a college near your home.
Take a part time job and pay for your own tuition and books.
1. Attend first two years at a local community college and live with parents.
2. Become a resident assistant (RA) on a college dorm floor (part or all of room and board paid for which is tax free).
3. Depending on major, find summer positions that pay well-certainly mechanical or power engineering majors work in power plants for the summer-with over time make $15,000.
4. Follow mrs.a excellent advice.
5. Graduate with a degree that has a good starting salary and payoff your debt quickly. Graduates of the state maritime academies with degrees in marine engineering are making $70,000 a year plus room and board for about six months work (7 days a week and probably 10 hours a day)
Effing’ weak generation. 07’ grad here and after the first year, I rescinded my college loan by working odd jobs after hours such as telemarketer, C programmer, escort service driver and strip club DJ, including bartender. Cash jobs.
“If possible live with your parents and go to a college near your home.”
Worked for me along with a decent part time job. Graduated on time with no debt.
There's 9 if you ask Belle Knox.
You have it backwards. You can’t renounce your citizenship in the US, so you first have to leave the country.
Go to Trade School. Begin earning money immediately.
You’re obviously not familiar with the cost of college in 2014 if you think that’s plausible. Nobody can save enough waiting tables in four years - assuming they have any expenses whatsoever in the interim - to pay for a four year degree of any significance. Obviously if mommy and daddy subsidize them then that’s different.
Start you own billion(s) of dollars company.
It’s called “Working through college”....I did.
I have advised many a people of this. Whether the company offers $1,000 a year or total re-imbursement for classes toward a degree, it is essentially a raise, tax-free! And the kicker is that you get to keep the degree. Someone might even be offered a promotion after the degree is had.
Put a bunch of money into a good prep course (a for-profit one, not the new government-funded copycat) and score big scholarships. Don’t check the box on the SAT test that says “Don’t send my scores to any colleges I haven’t requested.” You will soon have a mailbox full of offers. Also, check out the books about special scholarships—there might be one for daughters of basket weavers or whatever.
“You have it backwards. You cant renounce your citizenship in the US, so you first have to leave the country.”
Whoops, I got that backwards. Anyway, you do have to follow “the procedure”.
“And the kicker is that you get to keep the degree.”
Indeed! I had to agree to stay at my firm for one year after the last class reimbursement, but that gave me the time I needed to look around and line up a much better job. Plus, I had logged in years of work experience and had risen through the ranks where I was. So many firms offer tuition reimbursement as a benefit - I’m surprised more people don’t take advantage of it. My nieces and nephews aren’t even looking at that option.
That’s how I got my bachelor’s and my husband got his Masters. No debt. Zip - zilch - nada. Just cost us some extra work and planning.
Don’t even get me started on trade schools. Not all kids are college material. Plumbers and electricians and HVAC people around here make six figures.
In 1977, I joined the Air Force. Over the next eight years....I “allowed” the Air Force to pay for my tuition (bouncing from seventy-five to ninety percent of the costs). In the end, between fifty-odd courses...I probably paid a max of $3,500 out of my pocket. I admit...tuition costs in the early 80’s was not a big deal. The only issue I ever complained about was when some professor required a $120 book to be part of the class agenda.
Today? The military will whine they don’t have the money to cover two and three classes a semester, and there’s an absolute limit to what they can cover each year. By 2020, I suspect that most folks will be limited to cost sharing of two classes a year by DoD. It was a fantastic deal, while it lasted.
And back then, there were work-study jobs. That paid YOU.
Now, there are internships, and many are so desperate for the perceived advantage that they take unpaid internships (essentially paying for the privilege of working).
If your kids attend public high school, have them push for great grades (especially in the junior year) to improve chsnces for scholarships or other merit-based aid,that may pay for community college or help out with in-state costs. And have them take the SAT by the start of senior year.
If you think your school (or student) is falling behind, splurge on a PSAT test during sophomore year. That can show if your student has been earning inflated grades at school, or if the student is currently college material. One military recruiter in DC once said that so many students there received good grades but couldn’t pass the ASVAB.
My kids were home-educated. They started community college at 15 & 16. One was tutoring calculus at 15. She went to Utah State on a full academic scholarship and graduated as valedictorian of the College of Animal and Applied Sciences. She actually made money going to college working as a teaching fellow and running on the track team. The younger graduated last week. The other gained sufficient scholarships to Stanford to study microbiology with a 3.85 GPA and will start at Michigan State in a doctoral program. She earned a free room as a resident adviser.
Neither has any debt.