College is one of the biggest investments a
family might make. But, most families jump in head first without understanding
the true cost of college or calculating the potential return on investment.
This episode is about how to make wise investment decisions when it comes to
your child’s education, the resources available to parents and students, and
alternative options besides college.
Tune into this episode to also learn:
What you should consider to narrow down a list of right-fit colleges for your child Find out what college will really cost youAlternative learning paths besides college
What we discussed
(00:37) What do college admissions companies do?
(04:36) Is college a wise investment?
(07:42) Signs college is not a right fit for your child
(14:04) Calculating the real cost of college
(18:27) Colleges with generous financial aid
3 Things To Remember
Before deciding if college is a wise investment, you first need to identify the purpose you want college to serve in your life and career. What skills are you trying to acquire? What career are you trying to get into? Answer these questions then work backwards.
College is not for everyone, there’s a reason only 50% of college students end up graduating. You can find gainful employment without college such as attending a trade program.
There are colleges like Georgetown that will cover a family’s full financial need through financial aid packages as long as the student is admitted.
Best cost of college calculator (EFC calculator): https://finaid.org/calculators/finaidestimate/
Net price of college calculator: https://collegecost.ed.gov/net-price
Connect with Donna Baines: LinkedIn | Website
Connect with Jason Gabrieli: jgabrieli@HFMadvisors.com | LinkedIn
Connect with Tyler Reedman: LinkedIn
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