1 of 1 people found the following review helpful
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This review is from: Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents (Paperback)
The information in this book was great- and I haven't read it all somewhere else- which is pretty unusual because I am a financial advisor and I read a lot of books like this so I can recommend them to clients. I learned a lot about the college loan process and how financial need is calculated. I don't know that I would take some of Zac's advice without talking to a financial advisor about your specific situation though. For example, putting all of your savings into your mortgage so your child will qualify for financial aid would not necessarily be a good idea for everyone.
The only reason I didn't give it 5 stars is that sometimes the tone in the book was a little insulting, and Zac did repeat himself a lot. The author mentioned countless times in the book why large universities are better than small ones. Then he devoted an entire chapter to that, and then mentioned it a few more times before the end of the book. Enough already!
I would have liked to see a comparison of student grades or even later financial success among students who have helped to pay for their own college education vs those who have not contributed.
The premise of the book is exellent, and it was generally well written and fun to read. I agree that parents do not have to sacrifice their own retirement to fund a college education for their children. Even if you don't agree, this is certainly food for thought.