REALLY Not Recommended

Shem not only asks Dave to tell him how to get a student loan, but how to get a cosigner for it. They don't really fly with Dave.

QUESTION: Shem is heading to college and must get a college loan. He has some scholarships, but they won’t cover everything. How can he get a student loan, and how should he get a cosigner? Dave doesn’t recommend either of those.

ANSWER: Those are bad ideas. I recommend going to a college that you can afford. That might look like in-state tuition, or a college where you can stay at home. I recommend working your way through college. You could work through the summers cutting grass or throwing boxes at UPS, too. You can get through college for $600 a month with your scholarships and avoid student loan debt. That’s the mindset you need to have.

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