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Motley Fool Answers

How to Pay for College Without Getting Eaten by a Dragon

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 8 September 2015

⏱️ 22 minutes

🧾️ Download transcript

Summary

We read a choose your own adventure tale on how to save for college, introduce Robert to the world of LARPing, and answer your questions about the Backdoor Roth.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Fool Answers. I'm Alison Southwick. On this week's episode, we're going

0:07.7

back to school with a choose-your-own adventure guide to paying for college. We'll see if you can make it

0:12.6

all the way to the end without dying. We're also going to explain the backdoor Roth. Megan

0:17.8

Brinsfield joins us. All that and more on this week's episode of Motley Fool Answers.

0:24.6

Saving for college is hard and only getting harder.

0:28.0

I think we can agree on that, yeah?

0:29.6

I agree with you.

0:30.7

It's like one of those choose-your-own-adventure books where you have to follow the exact right path

0:35.6

or you end up getting devoured by a dragon, which, of course,

0:39.1

I mean saddling you and your child with incredible amounts of debt.

0:43.1

They're equivalent, I would agree.

0:44.7

Devoured by a dragon.

0:45.9

Or paying school, begging back school loans.

0:47.7

Yeah, I think a lot of people feel that way.

0:49.2

So today, we are going to have a choose-your-own adventure.

0:53.3

Isn't this exciting? Oh, it is.

0:55.0

All right, so let me turn to, I believe this book is entitled, Paying for College.

1:00.0

The Smart Way?

1:02.0

I don't know.

1:03.0

What should I title this fake book?

1:04.0

It's thrilling.

1:05.0

All right, the title of this book is, So You Want to Pay for College.

...

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