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The Student Debt Nightmare

The Student Debt Nightmare

| May 15, 2024

Student debt has swelled to $1.75 trillion. So what can you do to help make college dreams come true for your children without the nightmare of student debt? I'll shed light on that and more today.

Listen in to learn what steps you can take to avoid that massive burden for your kids while still taking care of your own financial needs. You'll hear what to keep in mind when planning to save for education, what savings options are out there, and what aid opportunities exist to help with funding a college education.


Listen To The Episode Here:

What You’ll Learn:

  • Who student debt is affecting.

  • How to handle college savings while still paying for and saving for other things.

  • How to prioritize your savings and planning for your own payments.

  • Your savings options and the benefits of a 529 plan. 

  • What you need to know about the FAFSA and other similar aid opportunities.

Ideas Worth Sharing:

  • “There are a few steps you can take to help your child avoid the massive student debt that we’re seeing.” - Regina McCann Hess
  • “When airlines talk about the oxygen masks, they always tell you to put it on yourself first because you need the oxygen to give yourself life before you can help anyone else. You have to take care of yourself first before you’re able to help someone else.” - Regina McCann Hess
  • “The earlier you can start contributing to a 529, the better. Even contributing a small amount on a consistent basis makes a huge difference.” - Regina McCann Hess

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