Avoid costly colleges to graduate debt-free
By Erin Conroy
AP Business Writer / July 21, 2010
AP Business Writer / July 21, 2010
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STUDY HALL: Sure, your kid is gonna rack up an enormous amount of debt over the next four years. But isn't that just the price your coed, or maybe you, has to pay for a good college education these days?
Not so, says Zac Bissonnette, a student at University of Massachusetts at Amherst, blogger and author of the recently published book "Debt-Free U." Having a prestigious university's name on a diploma or sweatshirt will never outweigh the burden of student loans, he said.
"If you look at sending your kid to an expensive elite school in terms of an investment, it just doesn't make sense," said Bissonnette, who writes regularly for AOL Money & Finance. "It's simply an emotional appeal, and looking at the
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