4 Keys to Cutting College Costs: How to Avoid Overpaying
Don't OVERPAY for College!
The gap between the total cost of college and the financial aid provided may still be too large for many families across the income distribution to bear. This brings us to a clear understanding of the challenge many families face as their kids enter high school and prepare to pick a college: families often overpay for college, take on too much debt, and hurt their savings and retirement plans because they tumbled unprepared into the late-stage college funding pressure cooker.
That late-stage college funding pressure cooker can deliver some very unhappy results. Families act rashly, and as a result, many parents tap home equity or take out large, second mortgages to pay for colleges. Many cannot pay those off by the time they retire. Some divert retirement funds to pay tuition and have to work longer than they had hoped or planned. The glaring truth is that most families just lack knowledge and guidance on how to get the best price for college.
We don't want that to happen to you! We're hosting a webinar on Thursday, August 18th at 6:00 pm EDT to teach you 4 Keys to Cutting College Costs: How to Avoid Overpaying
Meet Al Devji
As an independent financial professional, Al Devji works with successful business owners and Physicians to help them understand the importance of developing a strategic, long-term financial plan that helps them achieve their goals and objectives. For over two decades, Al Devji has been taking the mystery out of complex issues so that his clients fully understand all of their options regarding long and short-term goals.
We help successful business owners and Physicians accumulate wealth and drastically reduce income taxes by applying advanced planning strategies not available to most business owners.
Hosted by:
Devji Wealth Management
College is a MAJOR Financial Planning Challenge!
It’s hard to think about college planning as a major financial planning challenge for families when you just want to send your kid to a good school. But we need context for understanding all the forces that will come into play.
Here’s a quick rundown:
- Students and parents feel the academic and social pressure of competition
- Colleges target your child, wanting him or her to apply mostly so they can reject the application
- Impending deadlines promote tension and rash decisions.
- Your student’s college list may be unrealistic (influenced by popular ranking lists) and uninformed about actual costs, degree earning power, and the average number of years to graduation.
- School counselors aren’t trained to help families figure out how to pay for college
- Families lack knowledge and guidance
All these dynamics contribute to something none of us want to have happen: Overpaying for college. And that’s why we’re hosting a webinar on 4 Keys to Cutting College Costs: How to Avoid Overpaying on Thursday, August 18th at 6:00 pm EDT.
We Look Forward to Sharing with You on Thursday, August 18th at 6:00 pm EDT!