Expert Strategies for College Funding, Even If Time Isnt On Your Side

Published: Nov. 28, 2023, 6 a.m.

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College funding isn\\u2019t everyone\\u2019s favorite topic. However, the reality of higher education costs requires a proactive approach. If you\\u2019ve 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\\xae, as she sits down with Student Loan Advisors Derenda King, CFP\\xae, CSLP\\xae, 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.

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In today\\u2019s episode, you\'ll find out:

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  • 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\\u2019ll pay for college

  • Whether it\\u2019s 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

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