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297: How to Find Free Money to Finance Your Education & Avoid Extensive Student Debt w/Robert Farrington

297: How to Find Free Money to Finance Your Education & Avoid Extensive Student Debt w/Robert Farrington

FromBiggerPockets Money Podcast


297: How to Find Free Money to Finance Your Education & Avoid Extensive Student Debt w/Robert Farrington

FromBiggerPockets Money Podcast

ratings:
Length:
77 minutes
Released:
May 2, 2022
Format:
Podcast episode

Description

The idea of college comes with a lot of questions—but there is one question that isn't usually asked: is college worth the cost? Most would say yes, but the honest answer is sometimes. Today’s guest, Robert Farrington, the College Investor, answers college questions in a detailed manner to help you make profitable decisions on your higher education choices.Robert goes over how to look at college as a business decision rather than a necessity. A deciding factor in any college decision should be profitability. Is going to college going to make you more valuable in your field? Will the salary you make post-grad outweigh the student loans you took out? What financial resources are available to you to minimize debt and out-of-pocket expenses? How can you leave college debt-free? When you start asking the right questions, each decision gets easier. And in today’s episode, Robert gives you the right questions to ask. He also goes over different ways to pay for college, including FAFSA, grants, and scholarships, and how each of them work. College requires a lot of informed choices, and this episode contains the knowledge to equip you to make those choices. In This Episode We CoverLooking at college as a business decision and determining whether a college education is financially worth it for you (or your child) How to finance college through loans, grants, financial aid, and scholarships 529 plans explained and why it's an ideal way to save for college Saving yourself by using the “Yes Model” to save for college FAFSA vs. scholarships and how to apply for both Cutting your college expenses in half with government-sponsored programs And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingScott's InstagramMindy's TwitterApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Check Out Mindy’s 2022 Live Spending Tracker and BudgetHere's What I Wish Someone Told Me Before I Racked Up $180,000 In Student Loan DebtHow To Pay For CollegeHow To Save For CollegeUltimate Guide To Military And VA Education BenefitsTaxable ScholarshipsCheck the full show notes here: https://www.biggerpockets.com/blog/money-297See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 2, 2022
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.