In this episode I discuss the $1.6 trillion student loan debt problem in America. I gave some solutions on how students and parents can manage their student loans. I also explain my advice on how students can prepare for their college education debt free and avoid taking out loans. 

I also mention tax-deferred college savings accounts that can be use for a minor. Throughout the episode, I mention custodial accounts, like The Uniform Gifts To Minors Act (UGMA) or The Uniform Transfers To Minors Act (UTMA) that adults can put in place for their minors before the assets can be transferred of legal age. 

Listen in and please share with others! Here is my LinkTree to watch this video on YouTube: https://linktr.ee/insightfulprinciples