Learn the 4 Keys to Cutting College Costs: How to Avoid Overpaying!

Master Late-Stage College Planning: Avoid Overpaying for Your Child’s Education In this comprehensive video, Tim Gardner, Founder, and Wealth Manager at Chatham Retirement Partners, tackles the critical challenge many families face—overpaying for college and jeopardizing their retirement plans. With the rising costs of education and the staggering burden of student loans, the video delves into why planning for college funding is essential. Tim explains the importance of parents leading the college selection process, using PEGS (Price, Expected Family Contribution, Graduation Rates, and Salary) to make informed decisions, and understanding how financial aid works. He provides practical advice on securing the best college deals, using net price calculators, and the implications of the Expected Family Contribution (EFC) and scholarships. Tim also explores college applications' psychological and social pressures and why families must avoid poor financial decisions. By the end of the video, viewers will be equipped with strategies to ensure their children can attend a good school without derailing their financial health. 00:00 Introduction: The Mortgage and Retirement Dilemma 00:26 The Rising Cost of College Education 00:53 The Late Stage College Funding Pressure Cooker 02:29 Meet Tim Gardner: Your Guide to College Planning 04:55 The Importance of Parental Involvement in College Selection 06:38 Understanding College Costs and Financial Aid 08:27 Navigating Net Price Calculators 12:46 Expected Family Contribution (EFC) Explained 21:39 Graduation Rates and Salary Outcomes 25:21 Types of Financial Aid: Grants, Scholarships, and Loans 28:23 State and Federal Aid Programs 31:52 Merit Scholarships and Private Colleges 38:17 Private Scholarships and Financial Aid Packages 40:42 Conclusion: Developing Your College Funding Strategy Let's Connect: Email: [email protected] Linkedin:   / timgardnercrp   : https://crp-va.com Start a conversation with Tim: https://go.oncehub.com/TimGardner