Go offline with the Player FM app!
Expert Strategies for College Funding, Even If Time Isn’t On Your Side
Manage episode 386240787 series 2471867
College funding isn’t everyone’s favorite topic. However, the reality of higher education costs requires a proactive approach. If you’ve been diligently saving for years or are realizing the urgency to start now, valuable insight awaits you in this episode. Join our host, Meagan McGuire, CSLP®, as she sits down with Student Loan Advisors Derenda King, CFP®, CSLP®, and Rebecca Baldauf, CPA, CCFC. Together, they share proven strategies and insider tips to bridge the gap between savings and college expenses. Listen in to get the expert guidance you need to navigate the choppy waters of college funding.
In today’s episode, you'll find out:
The rising education costs and its ripple effects on families and finances
The ins and outs of student loan consolidation, plus little-known forgiveness strategies
How a 529 savings plan offers flexible college funding without sacrificing other financial goals
Tax benefits and implications of using retirement accounts to save for college expenses
How the Student Aid Index factors into how much you’ll pay for college
Whether it’s legal and ethical to adjust assets to influence the financial aid equation
Potential pitfalls and considerations before taking out Parent PLUS loans
How to make the most of the time you have left to save for college
Links mentioned:
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Google Podcasts
- Leave an honest review on Apple Podcasts
- Subscribe to the newsletter
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
314 episodes
Manage episode 386240787 series 2471867
College funding isn’t everyone’s favorite topic. However, the reality of higher education costs requires a proactive approach. If you’ve been diligently saving for years or are realizing the urgency to start now, valuable insight awaits you in this episode. Join our host, Meagan McGuire, CSLP®, as she sits down with Student Loan Advisors Derenda King, CFP®, CSLP®, and Rebecca Baldauf, CPA, CCFC. Together, they share proven strategies and insider tips to bridge the gap between savings and college expenses. Listen in to get the expert guidance you need to navigate the choppy waters of college funding.
In today’s episode, you'll find out:
The rising education costs and its ripple effects on families and finances
The ins and outs of student loan consolidation, plus little-known forgiveness strategies
How a 529 savings plan offers flexible college funding without sacrificing other financial goals
Tax benefits and implications of using retirement accounts to save for college expenses
How the Student Aid Index factors into how much you’ll pay for college
Whether it’s legal and ethical to adjust assets to influence the financial aid equation
Potential pitfalls and considerations before taking out Parent PLUS loans
How to make the most of the time you have left to save for college
Links mentioned:
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Google Podcasts
- Leave an honest review on Apple Podcasts
- Subscribe to the newsletter
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
314 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.