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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: 15097
Portfolio Trade
Released: 2010-08-31

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Product Description
"I'm a 21 year old student at a large public university. What do I know? Maybe I'm just rationalizing the fact that I'm attending a so-so public college! You'd have to be out of your mind to take my word for anything! But what you should do is look at the data and draw your own conclusions. I will show you the results of some little-known studies that are likely to change the way you think about paying for college forever...I'll offer guidance and practical tips for ways to secure a better, more enjoyable, less stressful, and saner college experience for everyone involved.

"A large portion of the advice in this book is hugely counterintuitive, but guess what? I'm living it. I'm not some ivory tower admissions guru spewing advice about how people should make one of the most important decisions of their lives, with no stake in the outcome." (from College on a Dime)


College costs are rising at twice the rate of inflation-and much of that increase is being financed by parents looting retirement accounts and students burdening themselves with debt loads that will change the course of their financial lives.
It doesn't have to be that way. Armed with data, experience, and a stiff dose of rational analysis Zac Bissonnette explains why so much of the "wisdom" about choosing and financing college is not only wrong but dangerous. In this book, he explains:

-Why the name on your child's diploma means less for his future than you think it does.
-Why student loans are the next great consumer crisis in America-and how to avoid it.
-Why the myth of "fit" won't lead your child to a superior college experience.
-Why scholarships and financial aid won't alleviate spiraling college costs-and what will.

With a fresh approach to selecting, maximizing, and paying for college, Bissonnette gives parents practical, and often surprising, advice on how to help their kids get a champagne education on a beer budget.

The do's and don'ts of college:

Do recognize that the amount your kids' friends' parents will be contributing to their educational expenses is likely far higher than it should be.

Don't let someone tell you that student loans are not that big of a deal. Yes, they're normal, but so is being broke.

Don't fall in love with a college or let your child fall in love with one. Every college is a combination of great professors and lousy ones, cool students and not-so-cool ones.

Most of all, do look at college as a rational investment, not some silly coming of age ritual where money is no object.


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: #15097

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