Will college eventually be free? Credit: Will Folsom
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I was wide awake at 2 a.m. with my new baby, Lucy Ellen, when a story on my iPhone about free online college classes caught my eye. The classes are free, and job recruiters pay for leads to top grads. Sounds like a winning formula to me.
Could this model of higher education be the answer to the crushing cost of college? Something my husband and I are now thinking about. (A friend told us he’d saved every month and the account for his daughter, now a senior in high school, won’t even cover one semester of college. So much for a 529 plan!)
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I share five must read blog posts about saving money every Friday.
Before hitting the sun this summer, find out why you need to stop being frugal with sunscreen and stop wasting money on sunscreen with Vitamin A. (Wisebread)
Learn how to read an electricity meter to avoid paying a higher electricity bill. (Compare Electricity Bills)
The latest trend for smartphones and tablets is mobile shopping. Stay ahead of the curve by finding out the latest on shopping technology trends. (The Digerati Life)
Should parents be responsible for their kid’s college education bill? Jason used to think his kids should pay for college, but has since changed his mind. Find out why. (Frugal Dad)
Are you overspending on sites like Groupon and Living Social? Keep in mind that impulse purchases are not a deal. (Suddenly Frugal)
Illustration by OConnorCartoons.com
This is a post by BargainBabe.com writer Yazmin Cruz.
Reader Forrest is the winner of my review copy of “Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents.” Forrest is in high school and is stressing out about the college selection process. Forrest wrote:
I’ll be a high school senior this year. What stresses me most about the whole college selection process is the financial aid. I don’t know how I’ll be able to decide between a school I like and a school with a better aid package. This book would definitely help.
Forrest, I can totally relate to you. I too felt stressed about choosing the right college. I like that at such a young age you have (more…)
This is a post by BargainBabe.com writer Yazmin Cruz. Disclosure: Zac Bissonnette used to blog for WalletPop.com, where Bargain Babe Julia Scott currently blogs.
A quality college education does not have to cost a lot of money. That’s the premise behind Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, orMooching off My Parents
by Zac Bissonnette.
Bissonnette, a college student at the University of Massachusetts and a personal finance expert, says he wrote the book for the 90-plus percent of families that find it difficult to pay tuition at a four-year private university. He writes:
I wrote this book because I’ve met, spoken with, and read e-mails from hundreds of families who are struggling with the burden of college costs – worrying about how they’ll pay for college without bankrupting their retirement or burdening their kids with massive debt loads.
One of the tips that stuck with me is a loophole for making a student eligible for more financial aid. Bissonnette suggests getting married before heading to college. Married students are considered independent from their parents (more…)
