The Cost of College - How Much Is Too Much

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 16 July 2021

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How can I afford to send my kids to college without putting myself into the poorhouse?

Is the cost of college worth the price?

Does everyone need a college education?

We discuss these questions and more on this weeks show. This is a topic we will come back to time and time again to help people make the most of college for their kids.

For more information, visit the show notes at https://moneytreepodcast.com/the-cost-of-college-ron-lieber

^{Today's Panelists:}

^{Megan Gorman | The Wealth Intersection}
^{Kirk Chisholm | Innovative Wealth}
^{Barbara Friedberg | Barbara Friedberg Personal Finance}
^{Jack Wang | Innovative Wealth}

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.7	Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.0	Hello, Smart Money Tree podcast listeners.
0:13.5	Welcome to this week's show.
0:15.2	My name is Megan Gorman and I will be your host.
0:18.2	Today on the show we have a guest that I'm incredibly excited about.
0:22.2	Ron Lieber has been on the New York Times Money columnist since 2008, and he has spent his
0:27.6	entire career writing about personal finance. He's written the New York Times bestselling book,
0:32.8	The Opposite of Spoiled, Raising Kids Who Are Grounded, Generous, and smart about money. And recently, he decided
0:39.6	to tackle one of the biggest costs that many Americans face, the cost of going to college.
0:45.8	And so in January of 2021, his new book, The Price You Pay for College, an entirely new roadmap
0:52.1	for the biggest financial decision your family will ever make
0:55.8	came out. It's a phenomenal book, and I suggest to all of our listeners, whether you have children
1:01.2	or you're like me and just have friends and family with children, that you should read it.
1:05.8	So, Ron, welcome to the show. Thank you for having me. I have to tell you, as soon as I saw your book,
1:11.4	I knew we had to have you on the show. It's an incredible book, very, very insightful about the
1:17.0	college decision process and the financial planning that goes into it. And especially for me,
1:23.2	my two best friends right now have 17-year-old daughters going through the process, and it's not easy.
1:29.1	There's a lot in your book to go over, and I figured let's break the interview up into three parts.
1:34.2	Where we are and how we got here, understanding some key numbers and stats, and then some just general tips for parents who are trying to navigate this.
1:43.0	Now, I think the threshold question, I think this is something that many American parents ask
1:47.8	themselves is, is it possible to get an affordable education in the United States today in
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Money Tree Investing Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Money Tree Investing Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.