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Memo to High School Seniors: The Economic Case for Not Leaving Home

Written by Gary North on October 22, 2016

Dear High School Senior:

If you do not leave home after high school, you can save a lot of money. So can your parents.

Parents worry about boomerang kids. The parents send them off to college for $100,000 (after-tax money), and then the kids come back home to live after graduation. They can’t find jobs. This is bad psychologically for the kids and the parents.

Here is how you and your parents can avoid this: don’t leave home after high school. Don’t ask them to toss you as a $100,000 boomerang.

You can quiz out of the first two years of college by using CLEP exams and DSST exams. This will cost about $2,000. Buy textbooks used or get them through inter-library loan for free. You can easily pass one six-credit CLEP every six weeks. If you start on the day after you graduate, by the time you would normally be returning to college as a sophomore, you will be a junior.

If there is any course you just cannot pass by home study, enroll at a local community college and take it. Night school is preferable. This will leave your days free.

Then the final 60 semester credits can be earned online, really cheap: under $10,000. Here is a university that allows this: the University of Southern New Hampshire. Get information here:

http://www.garynorth.com/snip/1251.htm
Pay for your education. A part-time job lets you do this.

OUT OF SIGHT, OUT OF MIND

Here is how to remain unobtrusive.

(For the rest of my article, click the link.)

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