1/11/23: Why You Must Completely Rethink Your Approach to College Planning

It's Wednesday, January 11. I talked with you yesterday about Social Security. This is the real crisis that America's retirees are facing. Let me shift the conversation back a few generations to, not today's seniors, but to today's high school students, those who are aspiring to go to college. According to a new survey, 77% of households say college is difficult to afford. Three out of four families say they can't afford college. Half of them say it's not affordable at all.

These days, you pay a ton of money to go to school. You're getting suckered into bad deals that are promoted by the school so they can earn even more money off of you than merely the tuition you're paying.

Links from today’s show:

CFPB’s findings on banks and college students

Fidelity to offer fully funded undergrad degrees to many of its entry-level employees

Today’s sponsors:

Global X ETFs

Invesco QQQ

-----

Subscribe to podcast updates

The Truth About Your Future website

Ask Ric a question on his show

Follow Ric on social media:

Facebook

Twitter

YouTube

Instagram