Navigating College Costs: Brad Baldridge on Planning, Financial Aid, and Parental Strategies

Truth Tastes Funny with Hersh Rephun

Does the phrase SAVE FOR COLLEGE overwhelm you??? Today Hersh is joined by Brad Baldridge, one of the nation’s leading college financial planning experts. Brad teaches families the best ways to plan, save and pay for college so they can make their children’s college dreams come true without wiping out their finances or their retirement.

For over 20 years, he has shared his expertise and insights through his private practice, as a presenter at numerous workshops and seminars, and as a blogger and host of the Taming the High Cost of College Podcast. Today, Brad is joining us to talk about how to plan and save for college with smart and effective strategies, and he’ll answer some key questions that many families have about the college process.

Connect with Brad:

Baldridge College Solutions www.BaldridgeCollegeSolutions.com

Baldridge Wealth Management www.BaldridgeWealthManagement.com

(0:00) Introduction and student loans for college (1:31) Late stage college planning and its challenges (3:47) College degree vs. college experience and student expectations (8:42) Preparing children for college responsibilities and the value of achievements (12:03) Is college the right path for everyone? Addressing the costs and expectations (16:24) Tackling unrealistic college plans and the necessity of parental discussions (20:41) Balancing college costs with retirement planning (24:27) Understanding financial aid for graduate studies (26:32) Addressing college planning and financial aid complications due to divorce (29:41) Strategies for divorced parents on managing college expenses (33:09) Final tips for effective college planning