Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, orM ooching off My Parents
Aug 2010 · Sold by Penguin
3.4star
8 reviews
Ebook
304
Pages
family_home
Eligible
info
About this ebook
This book can save you more than $100,000.
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!"
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!"
Ratings and reviews
3.4
8 reviews
A Google user
- Flag inappropriate
August 17, 2012
The benefit of a book like this is it is helps newbies get a lay of the landscape so to speak. But if you're willing to do some internet research, you can save yourself money. The how to pay for college websites such as collegeboard have the same information. No new revelations here.
A Google user
- Flag inappropriate
February 4, 2012
Just finished the book as a Google eBook. I used the highlight feature so I can direct my children's eyes to the sections they need to focus on. As a Dave Ramsey fan on "Cash is King", this is a great book to read and understand. You only know what you know and that is why a book like this is helpful, because my experience in college on a baseball scholarship and other funding is not what my own children and our family are facing today. This was a quick read and will get you thinking about your finances, why college and which one, and how to communicate with your college bound students.
About the author
Zac Bissonnette wrote two acclaimed bestsellers before his 24th birthday: Debt-Free U and How to Be Richer, Smarter, and Better-Looking Than Your Parents. He has written for the Wall Street Journal, the Boston Globe Magazine, the Daily Beast, and NYTimes.com, among others.
Andrew Tobias was born in New York, attended Harvard College and Harvard Business School, and has written extensively for 25 years on subjects relating to money, business, and personal finance. He has received both the Gerald Loeb Award for Distinguished Business and Financial Journalism and the Consumer Federation of America Media Service Award. He lives in Miami, New York, and cyberspace.
Andrew Tobias was born in New York, attended Harvard College and Harvard Business School, and has written extensively for 25 years on subjects relating to money, business, and personal finance. He has received both the Gerald Loeb Award for Distinguished Business and Financial Journalism and the Consumer Federation of America Media Service Award. He lives in Miami, New York, and cyberspace.
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
