The Mind Money Spectrum Podcast

#25. The cost of higher education is too high. Here's what you can do about it.

June 02, 2020 Aaron Agte and Trishul Patel Season 1 Episode 25
The Mind Money Spectrum Podcast
#25. The cost of higher education is too high. Here's what you can do about it.
Chapters
The Mind Money Spectrum Podcast
#25. The cost of higher education is too high. Here's what you can do about it.
Jun 02, 2020 Season 1 Episode 25
Aaron Agte and Trishul Patel

In this episode, Aaron and Trishul discuss saving for college. How much do parents need to save to fully fund four years at UCLA, or a more expensive private school? What are the variables to consider? Will higher education costs keep rising faster than inflation? And what are the benefits of a 529 plan? The math isn't particularly complex. But trying to predict the choices of teenagers 18 years in advance requires strategic planning and flexibility.

Episode References

Cornell University - Tuition Rate Fees
U.S. News - Top National Public Universities
An Introduction to 529 Plans
Investing Forever - You Can’t Spend the Same Dollar Twice
College Savings Calculator
Free Online Courses - MIT
Free Online Courses - Stanford
Price History Over the Past 30 Years
Harvard Initiative to Attract Low-Income Students

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Show Notes

In this episode, Aaron and Trishul discuss saving for college. How much do parents need to save to fully fund four years at UCLA, or a more expensive private school? What are the variables to consider? Will higher education costs keep rising faster than inflation? And what are the benefits of a 529 plan? The math isn't particularly complex. But trying to predict the choices of teenagers 18 years in advance requires strategic planning and flexibility.

Episode References

Cornell University - Tuition Rate Fees
U.S. News - Top National Public Universities
An Introduction to 529 Plans
Investing Forever - You Can’t Spend the Same Dollar Twice
College Savings Calculator
Free Online Courses - MIT
Free Online Courses - Stanford
Price History Over the Past 30 Years
Harvard Initiative to Attract Low-Income Students

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.