Why College in America is Broken [And What You Can Do About It]
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 8 July 2022
⏱️ 52 minutes
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Summary
Transcript
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| 0:00.0 | Why college in America is broken and what you can do to fix it? |
| 0:04.4 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:11.2 | investing, taxing. |
| 0:13.1 | You've got financial questions, he's got financial answers. |
| 0:16.7 | It's Brian Preston, the money guy. |
| 0:20.1 | Yeah, Brian, I am excited to talk about this because I feel like this is a hot button topic. |
| 0:24.4 | Anyone who has children is thinking about having children, has recently had children, or |
| 0:30.9 | is in college and recently come through college, they recognize, I mean, there's something |
| 0:34.7 | going on right now that feels a little bit different. |
| 0:38.9 | And a lot of people are questioning, is this the way it's supposed to be? |
| 0:42.3 | Is the outcome that we're facing right now, the outcome that's supposed to be, is it |
| 0:45.6 | relates to higher education? |
| 0:47.3 | So we went away into that. |
| 0:48.3 | Well, I've got some direct connection with this topic today. |
| 0:53.1 | I just had my daughter graduate high school. |
| 0:56.9 | What's funny is we had the whole family come stay with us for that graduation and I have |
| 1:00.8 | a niece and nephew and my niece. |
| 1:03.8 | We were working through with my sister-in-law filing last year's tax to try and figure out, |
| 1:09.1 | how do you take advantage of the tax credits for education? |
| 1:13.5 | Who should claim it and so forth? |
| 1:14.9 | And I was like, wow, this thing is all around me. |
| 1:17.1 | And then anybody who's had a senior in high school student, you probably had the same shock |
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