The Four-Year Plan

The Growing Cost of College Isn't Usually This Funny…

student loans

Unfortunately, the four-year “plan” for most college students is to take out a lot of student loans and graduate without a workable strategy for getting OUT of debt (or out of the house!)

This too-true video is hilarious, though it may hit a little too close to home for some…

Feel free to share this page, or click through on the YouTube icon or on this link to watch it on YouTube.

Click below to see the video:

https://www.youtube.com/watch?v=ZIRdST_Dc0M

Use the Truth Concepts Education Cost calculator to help describe the “whole truth” about education costs and opportunity costs for the parents! You'll find Todd's presentation on the true cost of a college education live at Truth Training or in a client-friendly recorded version in our Whole Truth About Money video series.

3 Responses

  1. Id love to see a tutorial or a webinar on how to finance college using whole life insurance.

    1. Kim added: College is a huge cost no matter how you finance it, and borrowing against life insurance adds the loan interest cost to it, though it also protects the cash value while the kid is in school. It can be shown on the borrowing strategies calculator if one had a life policy that had been started on the adult parent at the time the child was born.

      Also see this article from P4P: http://partners4prosperity.com/high-cost-of-college-education

  2. It is very important to know that investing in a college career is much like any other investment. What are the results of this endeavor? Can I expect to recover the costs? Parents and students need to read articles like this.