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Expert Strategies for College Funding, Even If Time Isn’t On Your Side

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Manage episode 386240787 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Feeling helpless when it comes to your student loans?

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!

  continue reading

314 episodes

Artwork
iconShare
 
Manage episode 386240787 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Feeling helpless when it comes to your student loans?

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!

  continue reading

314 episodes

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