College loans — are they smart? I say no!

Why not go to a less expensive college, stay in a dorm and eat college food? Save at least $5,000 per year.

What is wrong with having a job when you go to school and pay as you go? Dave Ramsey says it best, why go to a high-dollar college owing $60,000 when you graduate, find a job making $28,000 and pay on college loans for the next 15 years?

You may want to look at money out there for scholarships. I read about a lady the other day who put in for a $1,000 scholarship and, guess what, she got $38,000 — more than enough to put her through grad school.

Why not go to a junior college your first two years, then transfer to a four year college for your last two years. Another good idea is to find a company that will pay for your school if you come to work with them when you get out of college.

The great news about this is you have a JOB when you finish with good money because you really have some skills. Do not go to school and walk away with debt that will take you 15 years to pay.

You’re going to college to gain skills that will allow you to get a better job and make more money. Take the time to see how much money you will make when you go to a certain school and if there are people that will give you a job.

If you’re out of school with big college loan balances to pay off, my suggestion is to pay extra every month and get that bill paid in full.

“I am not a product of my circumstances. I am a product of my decisions.” — Stephen Covey