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

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

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Sales Rank: 16801
Portfolio Trade
Released: 2010-08-31

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Product Review
Product Description
This book can save you over $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!"

Product Details
Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents
  • Paperback: 10 pages (2010-08-31)
  • Publisher: Portfolio Trade; 2010-08-31
  • Label: Portfolio Trade
  • Studio: Portfolio Trade
  • ISBN: 1591842980
  • Sales Rank in Books: #16801

Customer Reviews
Average Customer Review
67 Reviews
5 star:
 (46)
4 star:
 (13)
3 star:
 (1)
2 star:
 (3)
1 star:
 (4)
 
 
 

74 of 78 people found the following review helpful:
5.0 out of 5 stars Changing your worldview about financing college education, September 18, 2010
This review is from: Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents (Paperback)
This is an excellent book. I cannot recommend enough that all parents with pre-college children read this book and use the valuable information provided to take ownership of the college decision process together as a family by considering what this book has to say.

I am a CPA and a financial planner in the Boston, MA area. I see exactly what Zac describes with many families whose financial plans are dominated by education financing at the expense of other goals. I'm blown away by a 22-year old college student being able to accurately identify all of these issues, cut through all the BS spewed by the higher education and college financing industries, and support his assertions and analysis with compelling facts, data and research. I would urge anyone reading this book to not hold Zac's age against his analysis. His analysis is spot-on accurate. In fact, his age is useful for lending credibility to the anecdotes he does mention in the book about campus life and his...Read more
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51 of 56 people found the following review helpful:
5.0 out of 5 stars Debt-Free U: How I paid for an outstanding college education without Loans scholarships, or mooching off my parents, September 3, 2010
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This review is from: Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents (Paperback)
Wow, I couldn't put the book down, with every page I could see all the ways to save money. This book is worth its weight in gold. Words cannot describe what this book has down for me, I really feel I have an insider in college and it has greatly reduced my stress of having my first child go off to college next year. This book contains more than finacial tips, it covers every aspect of college, from course tips to professor information, I can't say enough, you definately won't be dissapointed.
It was a fun read and will share with other college bound students. I have five teens and if I can do this anybody can. take care enjoy the journey. Debbie
PS I wrote this at 6a getting five kids off to school please excuse the typos.
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39 of 43 people found the following review helpful:
5.0 out of 5 stars Excellent, September 2, 2010
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This review is from: Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents (Paperback)
Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, orMooching off My Parents

The author reveals many ways to get a top flight education without getting yourself and your parents needlessly in debt. He backs up his assertions with hard facts, data, and research. For over-priced universities, it is an "Emperor has no clothes" moment. Highly recommended.
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