Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents
Andrew Tobias · Zac Bissonnette
Nov 2010 · Ascent Audio · Narrated by Sean Pratt
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9 hr 55 min
Unabridged
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This Audio Book Can Save You More Than $100,000
These days, most people assume you need to pay a boatload of money for a quality college education. As a result, students and their parents are willing to go into years of debt and potentially sabotage their financial futures just to get a fancy name on a diploma.
But Zac Bissonnette is walking proof that the assumption is not only false, but dangerous. From his unique double perspective—he’s a personal finance expert (at AOL Money & Finance) AND a current senior at the University of Massachusetts—Zac figured out how too get an outstanding education at a public college, without bankrupting his parents or taking on loans.
Armed with his personal knowledge, the latest data, and smart analysis, Zac takes on the sacred cows and conventional wisdom about choosing and financing college. You’ll discover, for instance, that:
• Student loans are NOT a necessary evil. Ordinary middle-class families can—and must—find ways to avoid them, even without scholarships.
• College “rankings” are useless—designed to sell magazines and generate hype, if you trust one of the major guides when picking a college, you face a potential financial disaster.
• The elite graduate programs accept lots of people with nonelite bachelor’s degrees. So do America’s most selective employers.
Zac can prove every one of hose bold assertions—and more. He has a simple message for parents: “RELAX! Your kid will be able to get a champagne education on a beer budget!”
These days, most people assume you need to pay a boatload of money for a quality college education. As a result, students and their parents are willing to go into years of debt and potentially sabotage their financial futures just to get a fancy name on a diploma.
But Zac Bissonnette is walking proof that the assumption is not only false, but dangerous. From his unique double perspective—he’s a personal finance expert (at AOL Money & Finance) AND a current senior at the University of Massachusetts—Zac figured out how too get an outstanding education at a public college, without bankrupting his parents or taking on loans.
Armed with his personal knowledge, the latest data, and smart analysis, Zac takes on the sacred cows and conventional wisdom about choosing and financing college. You’ll discover, for instance, that:
• Student loans are NOT a necessary evil. Ordinary middle-class families can—and must—find ways to avoid them, even without scholarships.
• College “rankings” are useless—designed to sell magazines and generate hype, if you trust one of the major guides when picking a college, you face a potential financial disaster.
• The elite graduate programs accept lots of people with nonelite bachelor’s degrees. So do America’s most selective employers.
Zac can prove every one of hose bold assertions—and more. He has a simple message for parents: “RELAX! Your kid will be able to get a champagne education on a beer budget!”
About the author
Andrew Tobias is the author of twelve books, including the New York Times bestsellers Fire and Ice and The Invisible Bankers. He cohosted the PBS series Beyond Wall Street and has been a regular contributor to Time, Esquire, New York, and Parade magazines. Visit him at andrewtobias.com.
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