Genius! Check out this gem from a Reddit thread on how to ‘cheat the system’:
I was paying out of state tuition for college in Texas. I looked up all the ways I could get in-state tuition and there were four different ways.
- Marry a Texan
- Own property in Texas for one year
- Hold a job in Texas for one year
- Own a business in Texas for one year
So naturally, I started a “business”. I registered my “business” with the state and filed taxes every quarter (I had zero expenses and zero income every quarter so I paid nothing in taxes). One year later I got on that in-state tuition. It cost me around $200 to register my business and it saved me tens of thousands of dollars.
I’m guessing that whoever did this also received some targeted Amex business card offers.
There were a few other good stories in this thread. I really liked this tale of an entrepreneurial 11-year-old:
So I was 11 years old and at a water park with my family. I really wanted to go to Burger King that day, and my dad had said repeatedly no way, he didn’t have the money for that.
They had this system where when you arrive, you bought a bracelet for $4, which you could exchange for a tube to ride around on stuff. At the end of the day, you’d return the bracelet and they’d give you $1.
It was around the middle of the day, and there were people both coming and going, and there was a really long line at the stand to get/return bracelets.
So I sold my bracelet to some guy at the back of the line for $3. He didn’t have to wait, and I gave him a dollar off, so all good. Then I took that $3 and went and bought back three bracelets from people waiting to return them (I gave them the same price they’d get at the booth, but they didn’t have to wait). I took those three bracelets and sold them to other people at the back of the line for $3. Rinsed and repeated a bunch of times, spent about a half an hour hustling.
Went back to my dad with $40 bucks and gave it to him, and explained how I got it. Asked if we could go to Burger King now.
He was like yeah, you win. Whoppers were on me that day.
PedroNY says
if you really are looking at a good state tuition option. Move to Washingon D.C., after two years of living there you will have reciprocity with 50 states and if you children can get into top state schools like Berkley, UCLA or UW-Madison or UofMich, you will pay CA, WI, MI in-state tuition prices for them.
Cheers,
PedroNY
pfdigest says
That’s awesome! Somebody really needs to write a book with all of this stuff.
PedroNY says
No need for a book, that’s all there is to it. š
Good luck.
PedroNY
Tonei Glavinic says
This is a common misconception.
http://www.hollish.com/2013/09/03/do-dc-high-school-grads-receive-in-state-tuition/