College costs in America have skyrocketed over the last few decades, as has the total student loan debt in the country. In this episode, we’ll talk about why college in America is broken, what went wrong, and how you can do college the right way.
In this episode, you’ll learn:
- Why college has become less affordable
- How this affects the average American
- What you need to know before your kid goes to college
- The best ways to save for college
- Practical guidance on how to not fall into common student loan debt traps
- Creative ways to pay for college
Research and resources from this episode:
- A Look at the Shocking Student Loan Debt Statistics for 2022
- Trends in College Pricing and Student Aid 2021
- College students expect to make $103,880 after graduation – almost twice the reality
- Agglomeration and Job Matching among College Graduates
- College is more expensive than it’s ever been, and the 5 reasons why suggest it’s only going to get worse
- The Bennett Hypothesis Confirmed – Again
- Financial Aid Statistics
- Education Statistics
- Historic Endowment Study Data
- The Top 529 Education Savings Plans of 2021
- 529 Plan Tax Benefits
- What is the Financial Value of my Degree?
- Planning to open a 529 for a grandchild
- Work with us
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
How To Prepare for Student Loan Payments Increasing
About 43 million Americans have federal student loans, and many borrowers face financial difficulties due to their loans. Student loan debt has significantly impacted the...
Articles
The Biggest Problem Facing Young Adults (and How To Avoid It)
As a millennial, it’s been difficult to adjust to no longer being the token young adult. It felt like for decades “millennial” was used as...
Articles
Why Credit Cards Can Be a Dangerous Weapon (or a Powerful Tool)
Some financial influencers say you should never use credit cards, while others believe credit cards can be a beneficial tool in your financial life. Are...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
5 Ways To Retire Early (That You Might Not Know About)
Want to retire early but your money is locked in retirement accounts? Brian and Bo explain 5 strategies to access your wealth before age 59½...
Episodes
What to Do for a Happy Retirement feat. Wes Moss
Retirement happiness isn't just about money. We build our dream retirements with Wes Moss and share what the data says really matters most about a...
Episodes
Can a $100K Family Ever Get Ahead?
Daniel and Hannah are back on Making a Millionaire with major life updates! A car crash, an appendectomy, and a Disney trip later, this couple...