How Do You Pay For College Without Going Into Debt? Grab Some Of The $7 Billion In Private Grants

College financing is a quagmire right now. Those who are indebted are part of a $1 trillion tab that grows daily. Yet those entering college can still graduate debt free.

Every year, a parent asks me about how college financing can work in their favor. I believe that only in rare circumstances should one go deep into debt to finance a degree. Community and commuter colleges are one primary route. Scholarships and grants are another.