1. Technical college in high school Take basic courses at a community college Take AP classes and tests in High School Avoid private schools if you can help it

2. Both are offered full scholarships to state universities Both they make different choices with different financial results

3. She chooses full scholarship to a state school She lives in off campus cooperative housing @ 300/mo, including utilities & dinners She works 25 hours/week including work study at the university library She lives close to campus & does not need a car or a bus or parking pass

4. He receives only a half scholarship He must also pay for room & board He lives with 2 other guys but his share of room and board in $900/month He decides not to work during the school year ad only works part time in the summer (to make payments on his credit cards)

5. Angel’s monthly budget Angel earns $650/mo Angel spends $500/mo (50 + 300 + 150) Angels saves $150/mo At the end of they year Angel has paid for school and saved $1800 Paul earns $0.00/mo Paul spends $2691/mo (1666 + 900 + 25 + 100) Paul saves 0.00 At the end of the year Paul has spent and borrowed over $30,000 Paul’s monthly budget

6. Four years later Angel had graduated dept free and has $7,200 in saving

7. Four years later Paul has borrowed over $120,000 in student loans & credit cards