My kids began thinking about student loans in high school. I'm proud of their decisions to try to avoid crippling debt.
Briefly

The author expresses pride in her children's ability to make educated decisions regarding college to avoid excessive debt. The oldest child opted for a state school, benefiting from an in-state stipend and managing to graduate with manageable debt. The daughter chose a community college, incurring no debt for general education credits while being able to transfer later. The author underscores the importance of understanding student loan implications and suggests that prioritizing affordability over prestige is essential for financial stability after graduation.
I've given all of my kids some basic advice on college debt... I also told my kids that taking out student loans without graduating is a terrible financial decision. I know there are times when it's unavoidable... But generally speaking, taking out loans and not ending up with the higher earning potential that a college degree gives you is a bad idea.
Sometimes, the best option is to trade a dream school for a manageable, affordable life after graduation. So maybe one of the most useful lessons my kids learned happened before they even went to college.
Read at Business Insider
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