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Got a kid (or two) in high school? Listen up because this week's guest on the Money is Emotional podcast is about to save you thousands of dollars!
I'm delighted to have my good friend, and college expert extraordinaire, Dan Bisig (aka "Dan the College Man"), for this episode, Costly College Mistakes.
We dig deep into the world of college admissions and funding, addressing the issues that many families face and how to sidestep them. With his wealth of experience and compassionate approach, Dan guides us through the complex process, ensuring families make informed decisions that align with their financial and academic goals.
Don't miss out on this opportunity to arm yourself with the knowledge that can transform your child's college journey into a financially savvy and stress-free experience.
Here are the highlights of our discussion:
- The importance of early and open discussions about college finances between parents and students to set realistic expectations
- Understanding student loans and why expecting a full-ride scholarship could be unrealistic
- Selecting a college is not just about prestige but finding the right fit financially, academically, and personally for the student
- Recent challenges with the FAFSA process highlighting the need for diligent preparation and understanding of federal aid
- The difference between "full ride" and "full tuition" scholarships
Related: How to Stop Emotional Spending