Is it possible to get a college degree without going into debt if you don't have any scholarships? In this episode we talk about four possible student scenarios and one where you can actually graduate from university without taking out student loans but instead leave with money in your pocket.
In this episode:
Getting a college degree without student loan debt is possible [1:00]
Let’s follow four different types of students on their journeys through higher education [4:00]
Who has the best time, versus who leaves college debt-free? [6:00]
Why it’s difficult to see a path to get out of school debt free without having a job [8:00]
Analysis of the community college option and the benefits of living at home [9:00]
There is no asterisk on your resume that says you went to community college [16:00]
Why taking AP classes in high school can be a benefit [18:30]
Why getting a job with tuition reimbursement can incentivize you to finish your degree [21:30]
True costs of room and board versus living at home and the value proposition that presents [24:00]
Implications for each of our four example students [39:00]
Examples of employers with tuition reimbursement [42:00]
Parents, do your kids a solid and talk straight to them about finances [46:00]
You are an enrollment fill number only, and are being sold [49:00]
How college is like paying retail prices [51:00]
For profit universities sole purpose is to make a profit [57:00]