Closing the College Gap: Steve Colon (CEO, Bottom Line)

The Jesse Mecham Show

YNAB

Kids & Family, Education

4.7 • 1.1K Ratings

🗓️ 7 June 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jesse interviews Steve Colon, CEO of Bottom Line, an organization that helps students of color navigate the complex, time-consuming, and high stakes college admissions process. Bottom Line doesn't stop with admissions, either. Through their unique DEAL rubric, they help each student set a plan to graduate within six years, with no more than $31k debt, and find high quality jobs. Along the way they meet regularly with students, to provide a network of support and ensure students can meet their goals and graduate on time.

Bottom Line has recently partnered with YNAB to provide students with financial education to manage both their tuition and student life costs as well as their personal finances during and after school.

You can find out more about Steve and the Bottom Line organization here:

https://www.bottomline.org

Transcript

Click on a timestamp to play from that location

0:00.0	Hello, Weinabbers. My name is Jesse Mekum. This is podcast number 499 for Weinab, where
0:09.3	we teach you four rules to help you stop a paycheck to paycheck, get out of debt and save
0:12.8	more money. Today I'm very pleased to have on the podcast Steve Cologne. He is the CEO of
0:17.9	a not-for-profit called Bottom Line. We have partnered with Bottom Line and we're providing
0:24.2	the method and the tool for his advisors and those he advises. They basically are on a mission
0:33.9	to help under-resourced communities get kids into college and then to complete college. So
0:42.6	they have a college access program and then a college success program and it's when you're
0:47.2	talking about a situation where a high school counselor is in charge of 450 high school
0:52.6	seniors. That doesn't seem to work very well and they are doing monthly calls with these kids,
0:59.6	I call them, you know, young adults that are making all kinds of big, big decisions, not necessarily
1:05.1	knowing how to navigate this quagmire. And if you listen to the prior, one of the prior episodes
1:10.2	where I talked with Ron Lieber about his book, The Price We Pay for College, you will recognize that
1:15.2	even if you do have a load of support, it can be a daunting task. So, Steve's not-for-profit
1:23.0	bottom line steps in and they advise these kids that need help navigating what is just an
1:31.0	absolutely confusing bureaucratic red tape nightmare that is higher education, not always, but while at
1:37.1	the time. Anyway, here's my interview with Steve Cologne. It was fantastic. You can tell he's
1:42.1	first-generation college graduate and you can tell that this man is passionate about getting these
1:46.8	kids into college and then through college, have a great first job and deal with life. So,
1:53.1	we're very proud that we can partner with Bottom Line and I hope you enjoy the interview.
2:00.2	All right, everybody. I am here with Steve Cologne. He is the CEO of a not-for-profit called Bottom
2:05.9	Line. Steve, welcome to The Wine & Podcast. Thank you so much for having me. It was really great
2:11.1	to be here. Yeah, I'm excited. I'm very excited. So, can you just give everyone a little bit of,
	...

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