Student Opts Out of Dorm and Builds Tiny House Instead, Graduates Debt-Free
The most expensive part about college aren’t always the textbooks or the classes, it’s actually the dorms and the meal plans. Almost 69% of seniors from public and nonprofit colleges in 2013 had student loan debt, owing an average amount of $28,400. You know, the price of a brand new car. But a University of Texas student decided he could avoid owing a ton of cash by opting out of college housing without having to live at home. Using concepts and skills he learned in his design classes, 25-year-old Joel Weber built a 145-square-foot space instead of taking out massive loans to pay for college housing. The property cost around $20,000 total, and says he now plans to graduate debt-free. The only thing he’s really missing is a compact beer pong table that can be folded into the wall or something, am I right? To read more about Weber’s interesting choice of college housing, check it out here.