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FAQ

  • Q: Who is the book for?
    A: Anyone who is contemplating investing in a college education. Parents, children and even grand children.
  • Q: What’s it about?
    A: A short guidebook to avoiding the education bubble. We’re obsessed with college degrees and obsessed humans tend to pay too much for things. When they come to their senses, the bubble pops.
  • Q: So it’s about bubbles?
    A: It’s really about getting a good deal on a college education. It’s too expensive to loaf through college these days, hoping to find yourself. You can’t count on the professors sprinkling some magic pixie dust and turning you into a high-earning adult. The book describes the problem and suggests alternatives.
  • Q: Alternatives? Doesn’t everyone go to college?
    A: Most of the richest Americans never graduated. The book outlines some good plans for learning what you need at a much more reasonable price. There’s even a section that describes how to get 70-80% off of tuition at Harvard.
  • Q: 70-80%? That’s huge. Is it a trick?
    A: Not really. Many colleges offer the same option.
  • Q: Can anyone save that much?
    A: You don’t even need a scholarship for that trick. Anyone who can get in can get the deal.
  • Q: Are you giving up anything?
    A: A bit. You’re not a traditional student in a traditional class with all of the class bonding that may or may not thrill you. But you’re also giving up the huge loans and the debt burden.
  • Q: The debt can be huge, right?
    A: It’s crushing the next generation. It’s easy to graduate with $100,000 or more in debt and some doctors graduate with more than $300,000 in loans. That burden follows you until you pay it off. This book describes how you can avoid that debt and enjoy the freedom.
  • Q: Is there anything we can do about the debt?
    A: Not really. The schools are beautiful places now and that costs money. We’ve been throwing money at the universities and they’ve been responding to this demand by building wonderful schools with wood paneling and gorgeous campuses. That’s nice, until the bill comes due and it always come due.
  • Q: Is this book anti-college?
    A: Not at all. It understands our love of college but it tries to be rational. The debt can be crushing and there’s something wrong in it.
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