1855: The College Conundrum by JL Collins on Should I Go To College & How to Pay for College
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 8 April 2022
⏱️ 11 minutes
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| 0:00.0 | This is Optimal Finance Daily, Episode 1855, The College Conundrum by J.O. Collins of J.O. Collins NH.com, |
| 0:10.6 | and I'm your host and personal finance enthusiast Diana Mariam. |
| 0:14.9 | Now let's get to today's post as we optimize your life. |
| 0:22.7 | The College Conundrum by J.O. Collins of J.O. Collins NH.com |
| 0:28.8 | Back in the day, I put myself through the University of Illinois taking down diseased elm trees. |
| 0:34.7 | I was paid $20 a day, six days a week, for $120 per week. |
| 0:40.6 | I saved $100 and kept $20 for pocket money. |
| 0:44.6 | I spunged off my parents for the summer's room and board. |
| 0:48.2 | Over 12 weeks, I put aside $1200 that covered my rent, tuition, fees, books, and food |
| 0:56.9 | for the entire school year. Although many dinners were white rice and ketchup, |
| 1:02.4 | but that left a few bucks for beer at the local taverns. |
| 1:05.8 | 25 cents a glass if you went to the right place at the right time. |
| 1:10.8 | Then, like now, times were bad. At least for us English majors, it took me two years of |
| 1:17.2 | menial jobs before I landed my first post-graduation professional gig. |
| 1:22.9 | No problem. I'd mastered in the art of cheap living while earning my degree. |
| 1:27.8 | I graduated debt-free. Here's my favorite cartoon. |
| 1:32.3 | The visual is two guys on a cornfield. The rep on racks dressed in shabby clothes, |
| 1:38.0 | straw is coming out from their shirtcoffs and pant legs. |
| 1:41.2 | They're serving a scarecrows. One is looking over at the other saying, |
| 1:45.5 | English major, how about you? This spring, my daughter finished her second year of university. |
| 1:52.2 | $1200 about covers the cost of her books. $53,562 so far. |
| 1:59.6 | And it's only that low because she earned a $12,000 annual academic scholarship. |
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