Your child feels a lot of pressure to “get into a good college.” Starting in 8th grade—or even earlier, he’s had the lie pounded into his head: “If you don’t get into a good college, you won’t be able to get a good job when you graduate.”
This lie can cause unnecessary anxiety for your kid and for your family. It can cause feelings of deep shame when a kid doesn’t get into his or her “dream school.” And, worst of all, it can lead students to drastically underestimate themselves and their future potential.
Let’s nip this lie in the bud, right now.
Take a look at where the current top 10 Fortune 500 CEOs went to college.
The current top 10 Fortune 500 CEOs went to college at:
University of Arkansas
(C. Douglas McMillan, CEO, Wal-Mart Stores Inc.)
Texas A&M University—College Station (TX)
(Darron W. Woods, CEO and chairman, Exxon Mobil Corp.)
University of Nebraska—Lincoln (NE)
(Warren Buffet, CEO and chairman, Berkshire Hathaway, Inc.)
Auburn University (AL)
(Tim Cook, chairman and CEO, Apple, Inc.)
Illinois State University (IL)
(David S. Wichmann, CEO and chairman, UnitedHealth Group)
University of Minnesota Twin Cities (MN)
(John H. Hammergren, CEO, president, and chairman, McKesson Corp.)
University of Pittsburg (PA)
(Larry J. Merlo, CEO and president, CVS Health Corp.)
Princeton University (NJ)
(Jeffrey P. Bezos, chairman, president, and CEO, Amazon.com)
University of Central Oklahoma (OK)
(Randall L. Stephenson, CEO, chairman, and president, AT&T Inc.)
Kettering University (MI)
(Mary T. Barra, CEO and chairman, General Motors Co.)
Success in life has more to do with how you develop yourself than where you go to college.
Before you chain your daughter to $1000 per month student loan payments in the name of “giving her a happier life,” take a look at the eye-opening research-backed articles I’ve written here:
You just might feel inspired, excited, and relieved that a lower-ranked, less expensive college can give your kid just what he or she needs to do great things later.
Though a surprising number of top CEOs went to state universities, I usually advise students to steer clear of state schools.
Honors programs at state universities can be great, but take a look at this article I’ve written on why that local state university may not be your bargain option. (Chapters 13 and 14 of my book go into detail on which colleges may end up being amazing bargain options for your kid.)
If you’ve found valuable info in this article, please help me by tweeting it out to the people who follow you.
Remember, picking the right colleges to apply to is only a small part of the picture when it comes to getting your kid through college debt-free.
For clear, step-by-step help with the whole process from beginning to end, get your copy of my book:
You can “Look Inside” the book on Amazon for free by going to:
(Tell your friends.)
You can see why financial planners and wealth managers love LAUNCH, here.
You can see the top 9 questions parents are asking me about LAUNCH, here.
Read just one chapter of LAUNCH every 1–3 months while your child’s in middle school and high school, and you’ll know every viable strategy for debt-free college at exactly the right time to implement it.
And if your child’s already well past middle school? That’s OK; you can run to catch up. But the process of getting your kids through college debt-free goes more smoothly the earlier you start it—especially if you’re not planning to save up any money to pay for college.
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What about you?
What strategies have you found for balancing phenomenal career success with reasonable college costs? Comment below or LIKE Jeannie Burlowski Author on Facebook, find this post on that page, and let’s talk about it there.
Who is Jeannie Burlowski?
Jeannie is a full time author, academic strategist, and speaker. Her writing and speaking help parents set their kids up to graduate college debt-free and move directly into careers they excel at and love. Her work has been featured in publications such as The Huffington Post, USA Today, NerdWallet, and US News and World Report.