ChooseFI 138 | How To Get Paid To Go To College | Anthony Gary
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Jul 29, 2019 Anthony Gary shares strategies to go to college for profit, including scholarships, financial aid forms, and choosing the right college. They discuss buying a house with a low down payment, negotiating PMI, and transitioning to rental properties. The speaker emphasizes achieving financial independence through real estate investment and the importance of surrounding yourself with the right people.
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Stack Scholarships And Grants
- Apply for merit scholarships early because they can drastically cut tuition regardless of family income.
- Complete the FAFSA and state grants too to stack need-based aid on top of merit awards.
Use Subsidized Loan Arbitrage Carefully
- Borrow the full subsidized federal loan amount and invest the cash short-term if you can earn a safe spread.
- Use only subsidized loans while in school to avoid interest until after graduation.
Eliminate Student Debt Fast
- Pay off subsidized student loans quickly during your entry job to avoid any interest after the grace period.
- Keep living costs low and use house-hacking or cheap rent to accelerate loan repayment.