Get life-changing financial advice anytime, anywhere. Subscribe today: Americans owe over 1.6 trillion dollars in student loan debt. Many parents and students believe the myth that paying for college isn’t possible without student loans. But that’s just what it sounds like – a myth.
Your kids CAN graduate debt-free and ready to succeed. Here are four tips for paying for college without debt:
Choose a school you can afford. Take a look at what colleges you can realistically pay for. If you can’t cash-flow a 4-year university, community colleges or trade schools are a great option to get an education. It doesn’t matter what kind of school you go to, as long as you’re not going into debt to get there.
Apply for scholarships and grants. Treat the scholarship search as a part-time job! You should be spending an hour a day filling out every single scholarship opportunity you can find. It’s free money!
Work during college. Look into work study programs, working on or off campus, or even starting your own business.
Live at home. This could save you thousands each year in room and board fees!
Sending your kids to college can be overwhelming. But remember, it IS possible to pay for college without going into debt. Anthony Oneal’s new book, Debt-Free Degree, shows parents how to help their kid pay for college without student loans and set them up for financial success. Get a copy today:
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