DailyDirt: Tuition Debt Is For Chumps?

from the urls-we-dig-up dept

Crowds of students are graduating (or have just graduated) from college, and they might be a little nervous about how they're going to pay off their student loans. Student debt can be difficult to pay off, so some folks are trying to avoid it completely in a few novel ways. Here are a bunch of examples of students getting financially creative with their tuition bills. If you'd like to read more awesome and interesting stuff, check out this unrelated (but not entirely random!) Techdirt post via StumbleUpon.


Reader Comments (rss)

(Flattened / Threaded)

  •  
    identicon
    Anonymous Coward, May 23rd, 2013 @ 5:13pm

    $3K used to be what a college degree cost...

    Some day, the college tuition boom will pop. Hopefully. Maybe.

     

    reply to this | link to this | view in chronology ]

    •  
      icon
      The Mighty Buzzard (profile), May 23rd, 2013 @ 5:51pm

      Re: $3K used to be what a college degree cost...

      I'm hoping it keeps on inflating and the government tries to keep pace. Healthcare alone is taking too long to throw us into a proper depression.

       

      reply to this | link to this | view in chronology ]

    •  
      icon
      Jay (profile), May 24th, 2013 @ 4:19am

      Re: $3K used to be what a college degree cost...

      That's why the Obama administration is going after people so aggressively.

      If investors recognize that this bubble could pop just like home mortgages, you'll have all hell breaking loose.

       

      reply to this | link to this | view in chronology ]

  •  
    identicon
    Anonymous Coward, May 23rd, 2013 @ 5:52pm

    The continual decrease in education funding is very shortsighted. The affects are large and devastating, tuition debt is only one of many problems being caused by this war on education. To make matters even worse, the bozos in DC want to double the interest rate on student loans.

    If you need money for college, ask your parents for a loan they say ... Can't afford college, go to trade school they say. College is elitist and brainwashes you into becoming a democrat they say. What a load of crappola.

     

    reply to this | link to this | view in chronology ]

    •  
      icon
      The Mighty Buzzard (profile), May 23rd, 2013 @ 6:17pm

      Re:

      College is also entirely unnecessary for the vast majority of jobs. If you want a better baseline education, improve K-12 education and leave college for those it will actually benefit.

       

      reply to this | link to this | view in chronology ]

      •  
        identicon
        Anonymous Coward, May 23rd, 2013 @ 6:31pm

        Re: Re:

        "College is also entirely unnecessary for the vast majority of jobs."

        These jobs you speak of... do they require you to say "do you want fries with that?" alot?

         

        reply to this | link to this | view in chronology ]

        •  
          icon
          The Mighty Buzzard (profile), May 23rd, 2013 @ 6:45pm

          Re: Re: Re:

          Some do but quite a lot of them pay better than you'd think. Plumber, electrician, and HVAC guys all make a hell of a lot more than I did at my first sysadmin job, as do most union jobs. For that matter, sysadmin isn't really helped by having a degree beyond basic coding ability and that can be picked up for free online.

          Most business positions have no need of what they had to learn for a business degree. Accountants and lawyers being pretty much the only exception.

           

          reply to this | link to this | view in chronology ]

        •  
          identicon
          Anonymous Coward, May 23rd, 2013 @ 7:05pm

          Re: Re: Re:

          * a lot

          I learned that before college though... but college would have likely fixed it if I hadn't.

           

          reply to this | link to this | view in chronology ]

      •  
        icon
        sorrykb (profile), May 23rd, 2013 @ 6:39pm

        College is also entirely unnecessary for the vast majority of jobs.

        These days, even the jobs for which you don't need a college degree require a college degree. With so many people looking for work, it's a quick and easy way for employers to winnow down the field of applicants.

         

        reply to this | link to this | view in chronology ]

      •  
        identicon
        Anonymous Coward, May 23rd, 2013 @ 6:47pm

        Re: Re:

        "College is also entirely unnecessary for the vast majority of jobs"

        And clearly, a job is the only reason to seek higher education ... what a simplistic attitude.

         

        reply to this | link to this | view in chronology ]

        •  
          icon
          The Mighty Buzzard (profile), May 23rd, 2013 @ 6:48pm

          Re: Re: Re:

          Oh but it is. The only thing a college gives you in the way of information that the great, wide Internet doesn't is a piece of paper.

           

          reply to this | link to this | view in chronology ]

          •  
            identicon
            Anonymous Coward, May 23rd, 2013 @ 7:08pm

            Re: Re: Re: Re:

            Yeah, everyone has easy access via laptop to expensive equipment. Text and videos are great, but hands on experience is better.

             

            reply to this | link to this | view in chronology ]

            •  
              icon
              The Mighty Buzzard (profile), May 23rd, 2013 @ 8:23pm

              Re: Re: Re: Re: Re:

              For chemists, electronics engineers, and medical careers I agree. These are proper science and engineering fields and should remain as they are, more or less.

              Things that are not proper science or the application of it though? They're better taught in trade schools or learned on the job. Spending years and thousands of dollars on a degree for them is foolish beyond belief and does no good for anyone except the universities.

              The humanities? They're another discussion entirely; a fair number of their degrees have no career path whatsoever outside teaching them to the next batch of students.

               

              reply to this | link to this | view in chronology ]

  •  
    identicon
    Anonymous Coward, May 23rd, 2013 @ 6:51pm

    Excelsior / Regents

    Excelsior is legit, though not very prestigious. They are, however, very good at accepting transfer credit from other properly-accredited sources. None of that "you have to take OUR version of Comp120" shit.

    Historically, I think their biggest market was US military folk -- who would go to school part-time, get moved around a lot, and graduate from Regents (old name) with a combination of transfer credit and guided-reading-up-on-your-own credit-by-exam.

    Linder got a pretty generic Associates with a funny name by transferring credit from a variety of sources. His trick was to find cheap or free classes that he could transfer. If he'd been better at AP or CLEP exams it might have been even easier.

    I expect Excelsior is watching and considering MOOC developments very closely, and could be one of the pioneers in transforming MOOC completions into degrees from an accredited institution.

     

    reply to this | link to this | view in chronology ]

  •  
    icon
    Chuck Norris' Enemy (deceased) (profile), May 24th, 2013 @ 6:20am

    Not that hard

    I got an EE degree from a CSU system school in 4 1/2 years that I paid for myself with a part-time job and modest living. I had a decent apartment. Cheap cars (biked mostly anyway). I was married 2/3 the time and had a kid the last year. No student loans (wife also) and I got a degree (she got a degree in Mol. Bio) with which I could get a real job afterward. Of course, only half the courses I was forced to take meant anything to me or my career path. What will cut down on tuition cost and debt is not forcing students to take at least three semesters worth of classes they'll never need.

     

    reply to this | link to this | view in chronology ]

  •  
    icon
    OldMugwump (profile), May 24th, 2013 @ 7:11am

    If you are clever as that

    If you are as clever as those people, you don't need a college degree.

    Unfortunately, most people are not that clever.

     

    reply to this | link to this | view in chronology ]

  •  
    identicon
    Anonymous Coward, May 24th, 2013 @ 11:57am

    That electricity thing? That's actually theft. Think twice before you plug into someone's exterior power outlets.

     

    reply to this | link to this | view in chronology ]


Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Follow Techdirt
A word from our sponsors...
Essential Reading
Techdirt Reading List
Techdirt Insider Chat
A word from our sponsors...
Recent Stories
A word from our sponsors...

Close

Email This