Today, we dive into the details of Pre-Paid Tuition Programs. I’m generally not a fan of these programs and you get to hear why! (I do acknowledge that they have their uses).
This opinion (my non-fan-ness) has always been a bit challenging since I do financial planning the state of Florida…and Florida has the most popular pre-paid tution program in the country!
But, I still believe I’m right and today, I defend that belief.
Listen to the show to hear:
- Why pre-paid tuition programs are in tough financial straits.
- Why you get a negative nominal rate of return on Florida’s program.
- Why college tuition prices are falling so much even if the official statistics don’t reflect the reality.
Enjoy!
Joshua
Joshua J. Sheats, MSFS, is the world's leading authority on integrating lifestyle goals and money goals without conflict. He teaches normal people how to seamlessly connect the science of financial planning with the joy of goal achievement.
Joshua is dedicated to helping normal people achieve financial freedom by merging creative (and crazy) ideas from the world of personal finance with the academic integrity of formal financial planning. He simplifies complex money topics and makes boring financial mumbo-jumbo less boring.
