Planning for college can be a stressful time and one of the biggest headaches can be trying to figure out how – and who – will pay for it!
So I also wanted to share this blog in the New York Times about a new book called Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarship or Mooching Off My Parents, by Zac Bissonnette. It gives tips and tricks on how to stay debt-free all through college.
For example, he tells what high school students (from freshman to seniors) can do to get started paying for college. In the New York Times interview, Bissonnette said:
“A high school student who works twenty hours per week (more during the summer, less during the school year) and saves $6 per hour of that throughout high school will have $24,960 in savings by the time he starts college.”
That’s a lot of money and a great start!
Bissonnette also offers tips on what parents can do to make sure they don’t spend their retirement money on college tuition. And, most important, it talks about ways to avoid taking out loans for more than you need, which will help you be more financially-prepared once you graduate from college.
For even more news, tips and experiences from high school and college students, check out our more than 3,000 resources at NextStepU.com.
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