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Money and Finances
Reply to "no extra money for 529. is my kid doomed?"
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[quote=Anonymous]Options are a combination of applying for scholarships, financial aid, and loans. The amount needed depends on how expensive the school costs to attend. Community college and public instate universities offer the lowest prices. Applying to a military academy offers a full ride in exchange for military service but pretty much a guarantee of a great job after graduation. My parents had four kids and could not afford college for us. I attended our instate public university on loans and financial aid. I also worked 2 jobs my last two years of school. I attended out of state law school on loans. At the end, I had total debt around $140K. I graduated at a time when the debt was locked in at super low rates of 2.5%. I paid off the debt around age 40. I have numerous friends and family that went to military academies because they couldn’t afford college. They graduated with no debt and all have high paying jobs today. [/quote]
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