By Kerry Hannon Special for USA TODAY
Imagine you’re a 21-year-old college senior with no student loans, a stock portfolio — and a job. Meet Zac Bissonnette, author of Debt-Free U: How I Paid For an Outstanding College Education Without Loans, Scholarships, or Mooching Off My Parents.
There aren’t a lot of students like him out there. After graduation, today’s college students owe, on average, more than $23,000.
There also aren’t many parents who haven’t signed up for a load of debt at the risk of draining their retirement savings and depleting home-equity accounts to make sure their kids get a college education.
His parents didn’t even try. They weren’t in a financial position to consider taking out loans for their son’s education.
Bissonnette, a personal finance writer and editor with AOL Money & Finance, has money smarts. That allowed him to have enough money saved to pay his own freight, but his aim here is to show others how they can do it, too.
Read the rest of the article here.
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