Northeast Gardening: Money Matters - Part 11, 1 by coleup

coleup wrote:
Wow, Rosemary, does $1500 even cover text books?

Just wanted to mention a kind of cutting college costs strategy I ran into in upstate New York. Don't have all the details, but at least two sets of parents had purchased houses in small towns near a community college and rented them out to students with their own kids as "property managers" thus establishing residency and independence of student from need based assistance based on family contribution (more need, more grants and loans) Not sure how property purchase was financed or taxes handled on rental income, etc. An Associates degree was given preference for admission transfer to any 4 yr state school and all credits transfered! It was intimated to me that a degree from NYU or ?? could be obtained for approximately the cost (minus need based grants and loans) of one year of "attendance" at same given weekend /online and other intensive course offerings!

Another version of "never pay retail".

Two articles on student loan fraud:

http://solari.com/blog/the-fraud-at-the-heart-of-student-len...
http://solari.com/articles/student_loans

Same thing seems to be happening with the GI Bill and returning vets...