The challenge with paying for college is most people view education as an “investment in their future” so they justify going into debt for it.
Unfortunately, this is a bad plan.
You wouldn’t take out a $20,000 loan to invest in the stock market even though it’s an investment in your future. There are a lot of things in the world that would be good investments for your future, but it still doesn’t make sense to go into debt for them.
College is no different.
If you can’t afford a certain car, you should buy one you can afford. If you can’t afford a particular house, you should find one that does fit within your budget. And if you can’t afford a certain college, you need to find a less expensive one.
Sorry to depress you. But as we learned from SNL, you shouldn’t buy stuff you can’t afford!
In case you’re looking for ways to earn a little extra money for college or make the school bill more affordable, be sure to download our free new e-book called, “How To Go To College For FREE!“ If you follow the ideas we recommend, you may be able to attend the college of your dreams and not have to go into debt to do it.
YOUR 2 CENTS – Agree or disagree? Should you attend a college even if you can’t afford it?
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