I’ve got three kids in grade school and no college savings to speak of. That being said of course I want to give my kids all the advantages in life that I can. High on that list would be a college education that does not burden them with tens (or hundreds) of thousands of dollars of debt on graduation day. So my question to all of you wonderful barter fanatics with a whole lot more barter experience than myself: How would you pursue bartering for college?
The good news is that my “real” business is online marketing. Building, maintaining and promoting websites is something that every university needs. My guess is that bartering with government agencies would be difficult/impossible so I shouldn’t bother with state schools. I’m thinking that I should make a list of private institutions, ideally in my state that are “drivable” and start right now making calls and looking to make a deal that will allow me to earn credit with them that will accrue over the years. Then come high school graduation I can tell my kids they can go to any school they want as long as it’s the one I have my deal with. The flaw with my plan is that it’s my understanding that most private schools have plenty of money. It’s been my experience that folks with plenty of money don’t usually want to bother with the extra work it takes to barter. Another problem is that a college education is more expensive than many websites are. Even if I had a deal conducting $10k worth of work every year from now until when my twins leave for college, that’s only 8 years from now. $80k doesn’t pay for whole college education for even one student does it? I’m thinking that I’ll need to find at least one school for each of my kids that would want to do a lot of trading.
Ideas? Have any of you ever done this? Please send your inspirations my way and I’ll be happy to share them. Better yet….does anyone have contacts at colleges that would be in a position to discuss barter?