Jun 8, 2016
Any parent knows that college costs are out of control. This has led to a $1 trillion bubble from which it's hard to escape. The best way to avoid this debt bubble is by helping your child plan to minimize student loans. It's easier than you might think. First, encourage them to take as many advanced placement courses as possible. They'll receive college credits for these courses, thus reducing future tuition expenses. Next, think about attending a community college for the first two years. Overload credits, as they're often quite inexpensive at this level. Next attend a one of your state's high quality state colleges. They are usually required by law to accept all credits earned at community college. And finally, have your child learn about real estate investing at an early age. The sooner they learn proper real estate investing, the more secure their retirement will be.