Huge News! Technical School Education FREE for 1600 Minnesotans Next Year

Check out these 5 criteria to determine whether a student you love might qualify

About a month ago I wrote about how some students could end up wealthier and happier by not going to four-year college after high school.  It was a life-changing post for many.  If you missed it, be sure to read it here.

Today’s huge news is that starting next year, this very valuable type of post-secondary education will be FREE for an estimated 1600 Minnesotans.

Wow!

If you’re going to access this benefit for your child, though, there are several things you need to know right now.

hardhat
It’s true!  Free technical school for 1600 Minnesotans!

Starting in 2016, Minnesota is embarking on a two-year pilot program where the state will pay tuition and fees for 1600 recent high school grads who enroll in job-skills training programs at public two-year colleges and pursue high-demand technical training in fields such as agriculture, manufacturing, and computer science and others.

Hot fields with high levels of future employability

Jobs in these fields “are very, very hot right now,” said Minnesota State Senator LeRoy Stumpf, DFL-Plummer, who was the lead sponsor of the Minnesota bill that provided $8.5 million for the program.  “Nobody can get enough employees.”

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Should Kids Be Expected to Work Their Way Through College? (Surprising Answer Every Parent Needs to Know, Below.)

Part 2 of a 3-Part Series

Years ago, a hardworking college student could earn enough money in a summer of life-guarding or burger flipping to pay for one year of college tuition.  If she continued to work for wages for as many hours as possible during the school year, lived in a tiny apartment with multiple roommates, and ate only macaroni and cheese, she might be able to cover her own living expenses during the school year as well.  Is this still the case?

No; it’s not. 

Students can no longer pay for their own college by working a minimum wage job.

Because of rising tuition costs, it’s no longer possible for college students to earn enough money to pay for college tuition as they go.

Parents, let me give you a better plan for getting your child through college debt free.

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The TEDx Talk Every Parent Needs to Hear

This video by Adam Carroll will give you night sweats, but hold on -- I'll give you hope.

Today I’m featuring a 16 minute TEDx talk on student loan debt by Adam Carroll.

This is a must-listen for every parent.  

Listen while you’re getting ready for work in the morning, commuting, or cooking dinner.  It’ll change everything you’ve ever believed about student loan debt, and it’ll change your kid’s life.

And if you find yourself breaking out  in a cold sweat after listening?  Don’t worry.  Request my “QUICK START Guide” on this website, and then click on your child’s age in my “WHAT TO DO WHEN” section.  I’ll give you free, clear, step-by-step help getting your kids through college debt free and into jobs they love afterward.  To read my gravely concerned post on the topic of student loan debt, click here.

Here’s Adam Carroll:

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“If I Go to College There, Will I Be Able to Get an Off-Campus TUITION REIMBURSEMENT Job?”

Your son or daughter has started looking at colleges, and at this point the discussion is pretty much centered around how pretty the buildings are, what kind of sports they have, and “the quality of the business program.” But are there even more important questions that should be being asked?

Like: “If I attend here, will I be able to get an off-campus job that offers me tuition reimbursement?”

A fantastic fringe benefit for college students

Most students work for money while they’re in college. Highly strategic students don’t just work for money, they work for a paycheck plus a check that their employers write to their colleges to help pay their college tuition bills.

faveOf course you'll work during college.

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No Kidding! Your Kid Can EASILY Get Into Harvard — AND PAY 70% LESS FOR IT

10 Surprising Facts About Harvard that All Parents Need to Know

Would you like your child to have a Harvard education, but without the nerve-wracking admissions pressure or the astronomical tuition cost?

Harvard!

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Not a Bargain — Why Some Parents Steer Their Kids Away From State Universities

Community colleges tend to be a GREAT bargain for students.  (Do you wonder what gives me the credential to say that?  Click here.)  But what about 4-year state universities? Are they smart choices for students who want to keep college costs low?  At first glance the 4-year state university’s sticker price looks appealing enough. But is it really a good deal?

Here’s the big question to ask:

What is this state university’s four-year graduation rate?

If it’s nearly impossible to get through this college in four years, that’s deeply concerning.  Why?  Because financial aid doesn’t stretch to cover years five and six.  Too often, years five and six get paid for by expensive private loans and credit card debt.  Plus, of course, going to college for six years is likely to cost a student two years of full time income. 

Yikes.  Not a bargain at all.

Here’s what you can do to protect yourself.

Balancing The Account

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Your High Schooler—Excited about Saving Money in a ROTH IRA?

What are the chances that you could get your high schooler excited about saving in a Roth IRA?

Bowl of Money

photo credit: via photopin (license)

Better than you think—if you refuse to do it the old-fashioned way, using lectures and deprivation and drudgery. 

This post is designed to help you inspire your child to want to save and invest, by introducing the topics in a creative and exciting way, with opportunity and immediate reinforcement.

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It’s True: Even Middle Schoolers Can Earn Real College Credit Through CLEP

High Schoolers and College Students Can Too.

Imagine your 7th grader earning real transferable college credit for the knowledge she just gained in her middle school history class. Are you astounded that this is possible?

Students of all ages can turn their regular school learning into real college credit in 33 different subject areas — thanks to the College Board’s CLEP® program.

CLEP® TESTING IN MIDDLE SCHOOL AND HIGH SCHOOL CAN SAVE YOU THOUSANDS.

CLEP® provides one of the best, fastest, cheapest ways for any student to earn real college credit before they ever set foot on a college campus. And if your middle schooler can do it? Then the high school or college student in your life certainly can.

Your child’s next school break might be an excellent time for him or her to work on earning CLEP® credits. Here are three steps you can take now to make that happen.

clepTO DO- (2)

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Must Watch Video for Parents

TEDx Adam Carroll

Are you a parent wondering if student loan debt is really that big a deal?  Watch this powerful, entertaining video by Adam Carroll at TEDx UWMilwaukee.  It’ll be the best 15 minutes you’ll spend on your kid this year.

 

Your Kid Just LOVES That Expensive Out-of-State College? Here’s What it Takes to Get In-State Tuition in All 50 States

You and your 10th grader are researching colleges, and all at once you’re both about to jump out of your chairs.

You’ve found a college that sounds absolutely perfect.

There’s only one problem.  It’s out-of-state and so extra expensive.PUSHPIN What it Takes To Get In-State

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