How to Conquer the Complicated College-Funding Process
Description
Parents and grandparents alike often worry about how their families will be able to handle the high cost of higher education. One of the questions I hear a lot is: with tuition so high these days, how will we pay for our children’s college education?
You may be surprised to learn how dramatically the choosing and funding landscape has changed! We are excited to share options and answers in How to Conquer the Complicated College-Funding Process, the latest episode of the new Millstone Evans Group podcast Money Conscious, hosted by President Sacha Millstone.
In this episode, Sacha and her guest, Peg Keough, Director of Education at College Aid Pro, reveal how a powerful tool plus expert advice can help families plan for higher education and then start down the daunting road of applications. Listen and learn how to get the young people you love into a college that is a great choice for them, while creating a college-funding strategy that works.
Key takeaways include how to be:
- Prepared to explore a school’s financial fit as well as academic and social aspects.
- Proactive about what to ask for, rather than reactive and resigned to initial offers.
- More encouraged about options, possibilities and strategies, and finding the people within educational systems who can help you achieve your family’s goals.
It’s cliched but true: knowledge is power. Not only that, but knowledge is also a stress reducer. Most people drift through the complicated college-funding process stressed out, immersed in applications, and unaware of options. That’s a costly and largely avoidable mistake.
This episode is a primer not only for parents considering tuition costs, but also for grandparents who want to help financially support a grandchild’s education and/or share options with their family.
Show Notes:
- Podcast guest and financial planner/wealth manager Peg Keough became an expert in college funding when her twins hit high school and the thought of paying well into five figures each for college was daunting, to say the least. She jumped in headfirst and created her company Way to the Quad to build understanding of how the college system works. Her mission is to help families find the best financial fit college for their kids and maximize discounts available on the overall cost of college. More about Peg: https://waytothequad.com/about-peg
- More about Way to the Quad, the organization Peg founded to help educate parents about the college-funding process. https://waytothequad.com
- In every episode of Money Conscious, host Sacha Millstone talks with exciting, knowledgeable guests about what it means to invest our money consciously. The title Money Conscious reflects two priorities we’re passionate about at The Millstone Evans Group: putting your values where your money is, and raising consciousness about money matters in an easy, personal and relatable way.
- After you’ve listened to the podcast, share your feedback about the podcast and future topic suggestions with us. Please also share the podcast link with your family, friends and colleagues. And if you like the show, please leave a 5-star review so others can find it, too. Thank you!