September 25, 2025

Navigating College Decisions and Affording Education with Tony Breen

15 minutes

Welcome back to Don’t Retire… Graduate! I’m your host, Eric Brotman, and on today’s Diary of a Financial Advisor segment, we’re shining a light on the journey of college students and recent graduates as they navigate the complex world of higher education, student loans, scholarships, and financial planning. Joining me is Tony Breen, an accomplished senior finance major at Stevenson University, intern at BFG Financial Advisors, and the only person in six years who’s had the courage to interview me on my own show! Tony is not only pursuing a master’s in forensic accounting but also serves as President of the Financial Management Association and VP of Enactus at Stevenson, making him one of the busiest students I know.

During our conversation, Tony and I dive deep into the financial realities of higher education. We talk candidly about how he transitioned from a biology major to finance, the influence of his family’s financial planning (including the benefits of a 529 college savings plan), and the critical role scholarships and institutional support played in his college decision process. We also look at how today’s college students prepare to launch their careers, manage debt, and make smart choices that set them up for long-term success.

We exchanged advice and stories about picking the right school, finding affordable pathways to a degree, and capitalizing on internships and campus involvement. Tony’s perspective is refreshingly grounded—he speaks from recent, real experience and offers actionable advice for students, parents, and anyone supporting the next generation through the maze of higher education and early professional life.

5 Key Takeaways:

Strategic School Choice is Crucial: Tony emphasizes that picking the right school—one that not only fits academically and socially but also financially—can make all the difference. Shopping for the best net price, leveraging scholarships, and considering both public and private options is essential.

529 College Savings Plans Provide a Head Start: Starting a 529 plan early, as Tony’s grandfather did, helped offset the costs of college and allowed Tony to graduate with little to no student debt—an advantage that influenced his final school decision.

Scholarships and Grants Are Out There—But You Must Apply: Many scholarships go unused because students aren’t aware of them or don’t take the initiative to apply. Proactively seeking out scholarships and working with advisors can meaningfully reduce college costs.

Debt-Free Graduation Sets You Up for Success: Graduating without significant student loans provides young professionals with greater flexibility, less stress, and a stronger foundation for achieving financial independence and future life goals.

Campus Involvement Opens Doors: Tony’s advice to get involved on campus (clubs, leadership, internships, and networking with professors) has led to scholarships, career opportunities, and a more fulfilling college experience. Waiting for opportunities isn’t enough—students should be proactive.

This episode is a powerful reminder that with the right planning, support, and initiative, students can chart a bright financial future—without sacrificing their passions or burying themselves in debt. Whether you’re a student, parent, or grandparent, I hope Tony’s journey inspires you to explore all your options and plan ahead for educational and financial success.

Thanks for tuning in! Be sure to subscribe so you never miss an episode of Don’t Retire… Graduate!, and join us next time as we continue to inspire your journey to financial freedom and purpose-driven living.

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