5 Suggestions for Getting a College Degree Without Going Broke

collegeThough it may have gotten buried with the New Year’s holiday, I had an article published in Fox News Opinion on how to get a college degree without going broke. I outlined five things every student can do. Here’s the opening:

The disappearance of low-skilled jobs and a rising earnings premium sparked a dramatic uptick in college enrollment over the past few decades.

At first, students could afford it, graduating with minimal (if any) debt, and entering an expanding job market with rising wages.

But now? Real median household income is down 6.5% from 2007-2014. Salaries for 25-34 year olds have remained stagnant for a decade. Meanwhile, the price of college continues its precipitous rise. And countless students and families feel caught between a rock and a hard place: They can’t afford to send their kids to college, but their kids can’t afford not to have degrees.

Read the whole thing.

I outline five things students can do to get a degree without going broke.

1.Prioritize value over prestige when choosing a college.

2. Leverage skills to earn higher wage income during college.

3. Have a game plan to finish.

4. Be expeditious about graduating.

5. Have a greater understanding of how the system works.

These are unpacked further in my book, Beating the College Debt Trap.

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