Ep. 238 — How To Test Out of College While You're Still In High School | Millionaire Educator

Most students spend four years and $40,000+ on their first two years of college. Jerry Born spent 59 days and $30.

This deep-dive unpacks exactly how he did it — and how you can replicate parts of his strategy. Jerry walks through the mechanics of earning college credits through platforms like Sophia Learning and CLEP exams, navigating credit transfer policies at traditional universities, and front-loading college credits while still in high school. The conversation reveals a blueprint for cutting college costs by understanding where the higher education system is flexible and how to exploit those gaps legally and strategically.

Timestamps & Key Topics

00:00:41 Introduction and Context on College Costs
The current debate surrounding college costs and the options available to reduce them.

00:03:12 20 Years of Disruption in Higher Education
Brad shares insights on the significant changes impacting higher education today.

00:04:01 Welcoming Jerry Born
Background of Jerry Born and introduction to his journey in cutting college costs.

00:05:03 Strategies for Earning College Credits Efficiently
Jerry explains how to take advantage of online courses and programs to save money on college.

00:05:56 Jerry's Experience with Sophia and Earning Credits
Personal experience of completing two years of college credit in 59 days for $30.

00:12:39 Discussion on CLEP and Alternative Learning
Explanation of CLEP testing and other programs for earning college credit.

00:20:36 The Importance of Credit Transfer
Tips on how to effectively transfer credits to traditional universities.

00:21:27 University Shopping
Discussing the need to explore various universities for credit transfers.

00:24:47 Streamlining Your Degree Progress
Jerry emphasizes maximizing credit hours to finish degrees faster and more efficiently.

Key Insights

• Achieving two years of college credit in just 59 days for only $30 is possible through innovative online programs.
• CLEP tests offer a way for students to earn college credits while in high school, significantly lowering the costs of higher education.
• Exploring multiple universities and understanding their credit transfer policies can aid in finding the best educational path.

Action Items

• Explore online learning platforms like Sophia for low-cost college credits 00:15:47
• Utilize CLEP testing to bank college credits while in high school 00:24:29
• Research accredited universities that accept alternative education credits to ensure a smooth credit transfer 00:21:27

Resources

• Sophia Learning 00:15:47
• Modern States Education Alliance 00:12:39
• Excelsior College 00:20:36

Terminology

CLEP — College-Level Examination Program, a series of standardized tests to earn college credits. 00:12:39

SOFIA — An online platform offering accredited college courses for credit. 00:15:47

72(t) Distribution — A method allowing penalty-free early withdrawals from retirement accounts under certain conditions. 00:52:04

Related Episodes

• Episode 13: Free Money for Teachers 00:03:12