Pamela Yellen over at the Huffington Post gives advice on How to Avoid Graduating College Summa Cum Debt. I’ve read dozens of articles on this topic over the years and none have irked me and impressed me with their proposals and solutions the way Yellen’s article has.
Her main piece of advice is to flat out not head off to college at all “unless or until you can afford it.” Not the standard higher education version of the American Dream. Usually everyone’s telling young adults to do whatever they and their parents can in order to acquire a college diploma, regardless of how many decades beyond graduation both parties will be swimming in debt.
Whether you agree with her or not, it’s interesting stuff to think about:
Four Paths to a Debt-Free College Education
1. Save it first.
2. Postpone it.
3. Do it smarter.
4. Skip it altogether.
Ways to Kick the Ass of Student Loan Debt
Number-Crunching the Effects of Student Loans
Adventures in Education: Paying for College
The Economy and Higher Education
No One Likes a Recession
Investing in Students’ Futures
Extremely Useful Guidance for the Newly Salaried
Fall 2011 Facebook App for Financial Aid
College Grads and Student Loan Debt
Arne Duncan: Direct Student Loans
Increased Tuition Increases Some More
Posted by Alexa Harrington