One college student on how to avoid the Higher Ed Bubble:
I am a college senior about to graduate completely debt free.
I pay for all of my living expenses by working 30+ hours a week making barely above minimum wage.
I chose a moderately priced in-state public university.
I started saving $ for school at age 17.
I got decent grades in high school & received 2 scholarships which cover 90% of my tuition.
I currently have a 3.8 GPA.
I live comfortably in a cheap apartment knowing I can’t have everything I want. I don’t eat our every day or even once a month. I have no credit card, new car, iPad, or smart phone — and I’m perfectly OK with that.
If I did have debt I would not blame Wall Street or the Government for my own bad decisions.
I live beneath my means to continue saving for the future.
I expect nothing to be handed to me, and will continue to work my @$$ off for everything I have.
That’s how it’s supposed to work.
I am NOT the “99%” and whether or not you are is your decision.
Hat Tip: Ed Driscoll