I was going through a LOT of saved papers over the weekend getting ready for tax season and my annual “shred-a-thon.” I found my daughter’s LAFSA AND FAFSA forms and realized, while kids growing up can be bittersweet, not having to deal with those types of things is pure sweetness. I’m talking honey-covered sugarcube sweet.
I think it’s only normal for parents to begin worrying about college as soon as they see their child’s first sonogram. I know I did. We all look to the future; we think our kids are going to Princeton and are destined to cure cancer while simultaneously solving all of the world’s other problems. Obviously, that’s never happened. But they all eventually find their place in the world. We, as parents, should all want nothing but the best for our kids.
But when it comes to college does spending more always bring about the best result? The most success? The happiest kid? Not necessarily. That’s what you’ll hear when you listen to the conversation I had this morning with Ron Lieber, author of “The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make”.
That’s right, it’s the BIGGEST financial decision you’ll make, surpassing even your home in terms of dollars spent.
It’s a fascinating book and a must read for parents who haven’t yet sent their kids to college. Have a listen to learn some things about college you not only didn’t know but may not have even thought of.
