If you have kids in or nearing college age, you HAVE to listen to this episode. Ron Lieber’s new book, The Price You Pay for College contains critical, in-depth information about one of the most important financial decisions your family will ever make. After 15 years of financial reporting, Lieber reports that “No consumer decision inspires more confusion and emotion than the question of what to pay for college,” which is understandable since 4 years at many state schools now costs over $100k in tuition and 4 years of private school can run over $300k!
Ron explains that not only is college ludicrously expensive, but the admissions process is purposefully opaque, so it’s hard to know if you/your kid will get in and whether or not you/your kid will be able to afford to go. By throwing himself head-first into this stormy, complicated sea, Ron helps the reader find the best college for them, pay the fairest price, and not destroy their family and finances in the process.
Ron Lieber is a proud alumnus of Amherst College and the "Your Money" columnist for the New York Times. Among his previous books is the bestseller, The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money, which he discussed with me on episode #4 of Crazy Money. Listen to that here.
Buy Ron's books on his website.
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About Crazy Money:
Unlike traditional personal finance shows like Dave Ramsey or Suze Orman, Crazy Money is not about how to make a million bucks, how to beat the market, or how to save money by switching cable providers. It is about deciding what role we want money to play in our lives and how we can use it to be our best selves. Topics covered include: Philosophy, Happiness, Contentment, Meaning, dreams, purpose, Success, Rat Race, Society, mental health, Buddhism, Stoicism, the hedonic treadmill, morality, Mid-Life Crisis, Business, Work, Careers, Authors, Books, Consumerism, Values, capitalism, economics, investing, saving, spending, personal finance, charity, philanthropy, altruism, affluence, wealth, wealth management, culture, society, status, Facebook.
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