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Episode 2712:

Michael Smith warns how unchecked college costs and easy credit can derail young adults before they start, then lays out practical ways parents can prepare kids early to make smarter, lower-cost education choices. You’ll hear strategies for building money skills, comparing true ROI of schools and majors, and pursuing scholarships and alternative paths that keep opportunity high and debt low.

Read along with the original article(s) here: https://www.financialfinesse.com/2012/06/08/i-dont-want-my-kids-to-be-crushed-by-student-loans-do-you/

Quotes to ponder:

"It’s becoming increasingly common for me to see people who are paying more each month in student loan payments than they are for rent."

"Is there a benefit for paying $60,000 per year that you can’t get by paying $5,000 - $10,000?"

"One of the best gifts you can give your children is to help them avoid a lifetime of debt after graduation."

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