October 18 - Online Discussion Question 4

What are some things that you can do now, while in high school, to help prepare for college expenses?

EDIT: This applies to you personally while you are IN high school (as in you will be in college in 4 or less years).

October 18 - Online Discussion Question 3

Jorge is debt free except for his mortgage and has an 8-year-old son named Carlos. He could save money if he wanted to, but so far he hasn’t saved a dime for his son’s college education, and he isn’t going to do so. He pulled himself up by his bootstraps, and he thinks Carlos should too. He wants Carlos to go to law school, which he would’ve done if he’d had a choice. How can you change Jorge’s mind?

October 18 - Online Discussion Question 2

Blair loves people. Throughout high school, she volunteered at the Red Cross. During the summers, she worked at social service organizations and saved for college. She has two years to go, and she’s out of money. She’s going to a state school. Even so, the two-year tab for tuition, room, board and books is nearly $20,000. She can borrow that sum through low-interest student loan programs. She knows about Dave, and has asked you what he might advise her to do.

EDIT: Remember that savings for short-term (less than 5 years) and investing is long-term (more than 5 years)

October 18 - Online Discussion Question 1

Ryan is big on higher education. He wants to begin a college savings plan for his two-year-old triplets. Lauren believes the early years are more important. She wants to use that money for a private pre-school and kindergarten. They don’t have enough left over to do both. Ryan thinks Lauren should get a job when the triplets hit pre-school, and pay for it that way. Lauren thinks motherhood is a full-time job and thinks Ryan should work overtime. They both confide in you. Is there a way out of this dilemma?

EDIT: Remember that savings for short-term (less than 5 years) and investing is long-term (more than 5 years)