School: State University of New York, Buffalo - 2007
Student loan balance: 0
As prestigious as an Ivy League education might be, it's also expensive. So, despite getting into Cornell University, Morss decided to turn down the opportunity because it was going to cost three times as much as his other choice, the State University of New York at Buffalo.
His parents supported the decision and paid his instate tuition bill.
"It was almost a no-brainer. An Ivy League degree might have helped with networking opportunities," Morss said.
His advice for students: "Do everything you can to avoid student loans, because it hangs around forever."