Financial aid is overrated. Show me a college student, or worse a graduate student, who has actually done the math and figured out whether the debt service is worth the increase in income. Some of this country’s biggest problems have their root in the obsession with the 4-year college degree and the MBA. Where are our future tradesmen, craftsmen, artists? No wonder why everything new is built of ticky-tacky and it all looks the same. Go to college if you can pay cash. Reserve financial aid (in the form of grants) for kids who are smart enough to realize that they need to pay cash for the difference. No cash? Take up a trade. Live under your means. Save. Then go if it still makes sense.
