Welcome back to the Roadmap to Retirement podcast! During this episode, I explain how parents can decide if college is the right path by making the economics real: estimate a child’s starting salary, subtract savings and taxes, then build a post-graduation budget including student loan payments, rent, and car costs. I use nursing as an example and show how big loans can strain cash flow, influencing school choices like scholarships, state school, or two years of community college. I also urge applying for scholarships, working in college, and understanding loan responsibility.
Come back soon for a new episode with a returning guest!
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