Ep 142: How to save an average of $19077 per year in college tuition

David Chudyk [00:00:00]:

And it really been a really, really good year. So, yeah. So life is good. I'm enjoying it. And, this is actually financial aid is is an area where I would not actually say that I have an incredible amount of for tea. So I'll hopefully I'll, I'll learn something a little bit, little bit here too as well. So

Seth Greene [00:00:20]:

I'm sure.

David Chudyk [00:00:22]:

All right. Well, here we go. Well, Hey everybody. Welcome to this week's episode and I'm really excited cause I'm hoping to learn Something today too, because I have twins that are juniors in high school. And, we're talking with Seth Green today. And, Seth Green is the founder the nationally recognized college financial aid firm on how to find money for college and we're to help parents to cut the cost of college tuition by $19,077 Per year, per child. So I'm interested to learn about this. So, hey, Seth.

David Chudyk [00:00:54]:

How are you?

Seth Greene [00:00:55]:

I am fantastic. Thank you so much for having me. I'm a big fan of the show.

David Chudyk [00:00:59]:

Well, great, great. Yeah, I appreciate that. And I enjoyed being on, being on your show. So Student loans are one of those topics you just hear so much about lately. And, and it's, it's really, you know, crippling for, to hear what, How some people are graduating college with literally 100 of 1,000 of dollars of student loans and and and the corresponding just debt every month that could be crippling and Stifling. So so financial aid is super important. How did you get into, like, the financial aid area? What makes you an expert?

Seth Greene [00:01:32]:

Still, 2 different questions. How I got into the financial aid was when I went to undergrad, you know, several decades ago, every single semester my dad would call me and tell me he couldn't afford Syracuse University anymore, and then I would have to come home, transfer, get a job, work at live at home, work at home work get a job, do chores, all kinds of things, not Fun at all. Right. So by the time I graduated, in addition to the degree I went for, I had also put together, because it didn't exist at at the time, some education in college financial aid, because I said there's gotta be a better way than driving your kid nuts every semester. That's how I started. What makes me an expert in this? I've been doing it for 24 years. We've literally helped thousands of families. We've worked with every you know, over 800 colleges, every single Ivy League school, and as you mentioned, our claim to fame is we cut the cost of tuition $19,077 Per year.

David Chudyk [00:02:28]:

That's a pretty bold, bold claim right there. So I'm gonna be interested to hear some more some more details about that. Like I said, I have twins that are juniors in high school. So, we wanna do everything possible just to where our kids can graduate with with with no debt. Unless, of course, they stop walking the straight and narrow, then maybe they should have a little bit of skin in the game. But, but, yeah, so this is interesting. So when we kinda get down to the nitty gritty, like, literally, what's the most important number when it comes to financial aid?

Seth Greene [00:03:02]:

Most important number is the expected family contribution or the government has renamed it the student aid index. That, in the latest law, That is the magic number that the government thinks you can afford to pay for college. It's always more than you think you can afford to pay, but it's the government's calculation, and all Financial aid is based on that number. So whether it is merit based aid because your kid aced the SATs and has a perfect GPA, they can't get any unless you Have that number and fill out those forms. It it they can And that's the FAFSA. Correct? There's 2 financial aid forms. There's the FAFSA for public colleges And the CSS profile for private colleges. If you're only applying to public school, you only need the FAFSA.

Seth Greene [00:03:45]:

If you're applying to private, you need both, and the answers have to match. So without the EFC, you can't get any merit money for being smart or being in extracurriculars. You can't get any need based money based on your financial situation. You can't get any athletic scholarships. They literally can't give you a dime unless you have that number from filling out those forms.

David Chudyk [00:04:04]:

Okay. So if somebody has, what what when does the FAFSA The need to be filled out, what year? And, also, like, for someone who just never done it before, does it take hours and hours or or is it, you when the government gets involved, sometimes things get more complicated. Tell me talk to me just about that process.

Seth Greene [00:04:21]:

So up until now, the FAFSA was You the 1st day you were able to submit it was October 1st your child's senior year.

David Chudyk [00:04:28]:

Okay.

Seth Greene [00:04:28]:

So all things being equal, financial aid's first come, first serve. So if I fill it out at 9 AM EST on October 1st and you fill it out in December, if our kids are exactly the same, I'll get more free money than you will.

David Chudyk [00:04:41]:

Wow.

Seth Greene [00:04:41]:

Now the government has screwed this up, and they are trying to do they are trying to simplify the FAFSA. It was about a 139 questions. The government said we wanna cut it to about 30 to 40, and the FAFSA Simplification Act has now pushed The FAFSA for this year till December so you can't even fill out the FAFSA now. You have to wait till the new FAFSA comes out, Hopefully, in December, though, we're kinda skeptical they're gonna get it done by then, which is also gonna create a logistical nightmare in terms of admissions because you can't accept an offer if you don't have a financial aid award. Now the CSS profile is a lot more complicated for private schools. It's about 540 questions. It's worse than doing your tax return. It asked for a whole lot more details because that's for private school.

Seth Greene [00:05:28]:

That's still due next week. You can still submit that October 1st, But you gotta wait for the public school form for a couple more

David Chudyk [00:05:35]:

months. Wow. So does the FAFSA require, like, The exact amounts of what my investment accounts might have or or ballparks, does it require my exact income? Does it require a copy of my tax return?

Seth Greene [00:05:49]:

It is going the way the government has it set up right now, it will automatically suck your income numbers from your most recent tax return from the IRS.

David Chudyk [00:05:57]:

It's interesting that you mentioned suck and income in the same sentence because, sometimes my income does suck.

Seth Greene [00:06:02]:

Well, I meant it the other way. I meant because of that, Sometimes the numbers we report on our tax return aren't necessarily the same numbers we would want to report for financial aid.

David Chudyk [00:06:11]:

Mhmm.

Seth Greene [00:06:13]:

The other issue is because there's now 2 different dates, if you're filling out the the CSS in October and the FAFSA in December, your investment values are gonna change.

David Chudyk [00:06:23]:

Sure.

Seth Greene [00:06:24]:

But they can't. Whatever you write down, if you're filling out the CSS forms today, You need to write down all those numbers because you need to report the same things in December when you do the FAFSA, because if they don't match, the government computer system will think that's an error and kick you back Out of the queue, and you'll have to fix your forms, redo them, and then you re resubmit, and now you're at the bottom of the pile again.

David Chudyk [00:06:47]:

Okay. Okay. So let's say you have 2 people with with kind of identical kids. 1 has a $500,000 a year salary And basically, no no assets. The other one has, you know, $10,000,000 of assets, but they don't work, so they have no salary. Which one would get more, Which one would get more aid? Is it more income driven, or is it more asset driven?

Seth Greene [00:07:09]:

So you said kids. So I don't think too many kids have ten Yeah. So life is good. I'm enjoying it. $1,000,000 in no I'm sorry. Parents. You meant parents. Yep.

Seth Greene [00:07:15]:

Just wanna make sure I'm answering the right question. So if the the $500,000 of income is w two income and the $10,000,000 of assets is all taxable, they're both screwed. However, part of our service is the EFC formula is manipulatable. The system is gameable. So if we can change the way you receive income, if we can change how your assets are held and Effectively make some of that money disappear? We literally had a case where we had a client with $10,000,000 that we qualified for need based financial aid because of where we moved the money.

David Chudyk [00:07:51]:

Wow. Pretty cool. I'm always a proponent, yeah, I'm always a proponent of of we don't know what we don't know, and we need to work with experts to who know those things. So, filling out a FAFSA may not be rocket science, but if there are some ways that it can be legally and and within the rules manipulated, Then then I'm all for working with experts, like like yourself, so that's that's pretty really cool. So what's the 2nd most important, number when it comes to financial aid?

Seth Greene [00:08:19]:

Well, every school has when they put together their financial aid offers, every school has what they call a percentage of need met. So the formula is retail sticker price of the school, which you shouldn't pay, minus your expected family contribution equals your financial need, your gap. What percentage of that gap the school will meet will make a huge difference in how much you end up paying on a net basis For your child to go to that school. So if you've got a public school down the street from me, like SUNY Buffalo and a New York public school, and they meet 50% of your need, but 80% of that 50 is loans, so that's not free money, but the schools call it aid. Mhmm. You're not gonna get very much. Now if you have the same student headed to, let's say, Harvard, where they will meet a 100% of your need, And let's say 90 something percent of that is free money, grants, and scholarships you never have to pay back. You know, I have this conversation with parents Every single day who think, oh, we can't afford those expensive private schools.

Seth Greene [00:09:22]:

I'm like, actually, they might end up cheaper than the public school down the street. Because think about it, those big private schools have $1,000,000,000 endowment funds they have to give away.

David Chudyk [00:09:34]:

Right.

Seth Greene [00:09:34]:

The local public schools have a lot of them don't have much need based financial money, but the Syracuse's, Harvard, Yale, Princeton, Georgetown, wherever, Carnegie Mellon, all of those expensive private schools have endowment funds that they have to give away. So literally, I can get, If my son could get in, I can get him to MIT for within a couple $1,000 a year of what the cost of going down the street would be.

David Chudyk [00:10:01]:

Okay. So when we're not talking about the big, big, big name Ivy League Schools and the MITs of the world, Do you think that it matters where where your degree comes from? In other words, if you get kind of a state degree or if you go to a A school that costs a lot lot more money that does does the school matter? I bought you know, my wife and I kinda debate about this that I think, you know, to some extent, a degree is a degree, Again, unless it's Harvard, and, you know, and other people say, well, you should go to the best possible school that you can get into, and If you know, is it worth racking up that much more debt if you can't get financial aid just to have a more prestigious degree?

Seth Greene [00:10:39]:

It depends on what career field you're trying to get into. So, for example, I'll give you 2 actual clients. We had a kid, who wanted to go to Hartset on NYU, Yeah. So life is good. I'm enjoying it. Which is not cheap and notoriously stingy with need based financial aid. And so he was prepared. His parents, like, were not paying for that.

Seth Greene [00:11:01]:

He's like, I'll borrow the $300,000. No prob I'll pay it back the rest of my life. That's fine. I wanna go to NYU. And I said, he's like, I wanna go to NYU, and I said, what do you wanna study, and what do you wanna do with your life? He said, well, at the moment, I wanna be a an art lawyer. I said, okay. I didn't know that was a thing. I'm like, so that means you gotta go to law school.

Seth Greene [00:11:19]:

Right? Yes. I said, wouldn't it be better to go to a much, much cheaper undergrad and then go to an expensive brand name law school because the law firm that IOU isn't gonna care where you went to undergrad. They're only gonna care where your law degree came from. He's like, well, that's a good point. And his parents were like, see? We tried to tell you. Now I couldn't change his mind anyway, and he went to NYU and he end up pay overpaying. But the concept of the law firm that hires you, you know, the Well, medical practice that hires you, some of them won't care where your undergrad came from if you have to go to grad school, and there are a lot of degrees where It might not matter that much. However, is my son gonna get a better job at a higher salary doing data science for an investment bank, which is his life goal at the moment.

Seth Greene [00:12:07]:

Having gone to MIT versus SUNY Buffalo, for sure. I think he will make more money. He will make more connections That he will be able to leverage throughout his career where he might not make the same living at home going to a state school.

David Chudyk [00:12:22]:

Gotcha. No. That makes that makes a, that makes a lot

Seth Greene [00:12:25]:

of sense. What you wanna do with the rest of your life.

David Chudyk [00:12:27]:

Sure. And that's kind of a hard thing to know when you're 17 and 18 years old.

Seth Greene [00:12:31]:

Right.

David Chudyk [00:12:32]:

It those are some some big, big decisions. And I know I'm in South Carolina, and in the South, football is a big deal, and A lot of college decisions are made based on the football team for people who don't play football, and and I think that is a a big mistake. Clemson University is right near near us. Normally a really, really great football team, but, you know, I don't think you should base base your Your education decision's based on if the football team's been good for the last decade. So any I I I understand. Syracuse basketball school. Right? I mean, what what do you think about the sports?

Seth Greene [00:13:05]:

So I did not go to Syracuse for the basketball and the football teams. I did partake in the experience. I did get to go to a, you know you know, a final four. It wasn't it was awesome, but did it change what I did with my career the rest of my life? Of course not. Had nothing to do with it. Was it fun? For sure. Would I have I went there for the degree I wanted, not for the sports. So we have this when we try and figure out the right fit school for our child, Not counting the financial aid part, we do have to have a discussion.

Seth Greene [00:13:34]:

Do you want big city? Do you want rural? Do you want suburban? Do you want small liberal arts? Do you want a giant school with 60,000 kids in it? So all of those come into play, and I've had that conversation with kids who are like, I'm gonna go to a big ten school or whatever. I wanna go to the games. Like, It's fun. That's technically not really what the degree is for and what your college experience is supposed to just be, but if you're willing to pay for that and can understand what kind of financial sacrifice that might be making more power to you. But I there are kids that that is really important to. It wouldn't be high on my list of decision making factors, but every every family, every child is different.

David Chudyk [00:14:13]:

Yeah. No. That makes that makes a lot of sense. Because college, In addition to the degree and and your training, it also is an important part of your life. So so having that 4 years of of of a great experience like you did to go to a final Or is great, but if if there is a financial situation where it's a huge stretch to go a school like that, maybe it's not worth borrowing money, you know. So just a a really, really big personal decision that we all have to, have to think about.

Seth Greene [00:14:39]:

For

David Chudyk [00:14:40]:

sure. So Any changes to, to to financial aid recently by the government that that we need to talk about, that that our listeners would would find important?

Seth Greene [00:14:51]:

There's a lot. The government has changed a ton in the last month, let alone the last year or 2 since COVID. So, the 2 biggest ones are it used to be if you had multiple kids in school at the same time, like, you're twins, their ages overlap. They'll be 4 years in the same time, it used to be your expected family contribution got divided by the number of kids in school at the same time. So if your EFC was $50, it used to be $25 per kid, and that was what your aid was based on. They got rid of that exemption. It was called the multiple student discount. Now it's not divided at all.

Seth Greene [00:15:28]:

So if your EFC is $50, it's now $50 per kit.

David Chudyk [00:15:32]:

Can you call them and tell them to change that in the next 2 weeks?

Seth Greene [00:15:35]:

Petition on Change .org, it has about 75,000 parent signatures, but they haven't fixed the law yet.

David Chudyk [00:15:40]:

Okay. Well, tell them that, it needs to be fixed in the next 2 years, for my sake.

Seth Greene [00:15:45]:

I I need it fixed in the well, my son is 2 years older than my daughter, so you need it fixed next year. I need it fixed Two and a half years from now.

David Chudyk [00:15:54]:

Okay. Yeah. Well, just get right on that. I appreciate it.

Seth Greene [00:15:56]:

We're working on it. The other the other biggest change was It used to be if you had a, small business with under a 100 employees, it didn't count as a financial asset, which is wonderful for small business owners. The government got rid of that exemption, coming on the FAFSA Simplification Act. So in December, you will have to report, Even if you have 0 employees, you will have to report the valuation of your small business, and that will count against you for financial aid, Which begs the question, who decides how much your business is worth?

David Chudyk [00:16:29]:

That was my next question.

Seth Greene [00:16:31]:

And how on earth is the federal government going to regulate, Are your answers accurate, and how would they know? And they also got rid of it used to be if you had a farm, a family farm, That didn't count against you. Now that does, and you're going to have to report the value of your family farm, which again says, who decides how much your farm is worth? Consider it. Does the equipment count? Does the land retail value of the land count? Do the buildings does your barn count? They're opening them they're trying to On one hand, you've got Biden promising, I want free college for everybody. And then on the other hand, they're taking away all of these things to make it a whole lot more expensive go to college. So it doesn't actually make any sense, and it's gonna cause a logistical and financial nightmare of Who decides how much your asset, your business, or your farm is worth? How do they regulate that? And there's 19,000,000 freshman every year. How many parents Own businesses or farms that are now gonna be going, how am I supposed to decide what this is worth?

David Chudyk [00:17:31]:

So so let me clarify. So I own a business. My business pays me a salary, and I also, in theory, take some profit distribution sometimes, so That would be the salary would be recorded as income, and then whatever my business is worth, and we could debate what it's worth. I actually have a tool that could help that's not related to financial aid. That's gonna be counted against me as well, so that's kind of a double whammy.

Seth Greene [00:17:57]:

Exactly.

David Chudyk [00:17:58]:

Okay. Well, if you can get that one changed also in the next 2 years, I'm gonna see

Seth Greene [00:18:01]:

gonna well, literally, a couple weeks, I don't know when this is gonna air. We're recording this in late September. Literally, a 72 hours after the law was in change was announced that the small business and farm exemption went away, Six senators, 3 from each each party created a new bill to put the exemption back, But it hasn't passed yet, so they feel our pain at least somewhat.

David Chudyk [00:18:27]:

Yeah. It it you know, I don't I don't mind paying for what, You know, I rightly rightfully should pay for it, but that certainly does seem like a double hit, you know, because my income and the and it's not a liquid asset. I mean, I couldn't sell it to you as a while.

Seth Greene [00:18:39]:

The other controversy is, Hey. Let's pretend I'm gonna make this up. Your business is worth $2,000,000, and that's the number you put into the FAFSA. You just lost all your financial aid, and they're gonna say, well, you now owe us You now can afford an extra maybe the number $80,000 a year in college expenses, and you're gonna say, where? I'm already taking every penny out of the business that I that it can Staying. Where do you expect me to go get this extra $80 just because I own a $2,000,000 asset? I can't sell it.

David Chudyk [00:19:05]:

Sure. If I had a $2,000,000 stock portfolio, I could just Click a button and sell sell some of it and pay tuition with it, but with the business, I can't do that. So

Seth Greene [00:19:13]:

Right. And you wouldn't necessarily wanna sell that $2,000,000 portfolio anyway.

David Chudyk [00:19:17]:

Absolutely. Absolutely. So this is actually scary in a lot of ways because, you know, as a financial advisor myself, I know that my clients, they Yeah. So life is good. I'm enjoying it. They don't know what they don't know in a lot of cases. And a lot of, your clients with regard to all types of financial aid and and and other financial advising questions, they don't know what they don't know. So tell me a little bit about, like, how does your relationship with a new family who might be interested in your service? Like, how does that look? What do they do? What services do you provide? And let's just walk through that.

Seth Greene [00:19:49]:

Sure. So we will crunch their numbers and find out what that expected family contribution number is Now we if they don't change anything, we'll run a financial aid analysis of their top 1 or 2 dream schools so that they know what they're on the hook for If nothing changes, we'll tell them if they can if there's anything that can be done to change the situation and make it better, and that is our college cost analysis. We normally charge a 197 for that 30 minute analysis. For our for your folks who are white watching or listening to your show, they can get it for free, and we'll tell you how in just a minute. And then when families choose to actually work with us, we will do all the financial aid forms for them so they literally don't have to touch anything. When the school

David Chudyk [00:20:31]:

big because paperwork really stinks. I mean, it really is just no fun.

Seth Greene [00:20:35]:

Agree. We will do the paperwork. When the schools engage in financial aid leveraging and under award them, they try and give you a lowball offer, because if you accept it, it's free profit to the school. We will handle those appeals, and then if the appeals fail, we will literally call every school and negotiate for for more money.

David Chudyk [00:20:55]:

So you said kind of the dream schools. What what if what if my dream school, again, as a 16 or 17 year old, is just a football school? And that's not really a good fit as far as academics. And Would you provide some other guidance on maybe what a better fit school would be based on my my my academic calls?

Seth Greene [00:21:12]:

Yes. We're gonna help we're gonna interview this student. We're gonna interview the parents. We're going to help them pick, hey. Let's look at your GPA. Let's look at your extracurricular. Let's look at your test Scores. Let's look at everything you got going on and what you wanna do with your life supposedly at 17 or 18, and then let's interview you and talk about Big city, rural, urban, suburban, big school, small school, small class size, giant lecture hall, life on campus, all that stuff To help you figure out what is the best fit socially, what is the best fit academically, and what is the best fit financially where they're gonna give you the most money.

David Chudyk [00:21:45]:

Okay. I love it. And, again, that's something that people don't know, and in my neck of the woods, really, what most people know about any college is their football team. And and that's, again, not not a great reason to choose a school if you're not playing, playing football. So So yeah. So you're making a pretty generous offer. Tell us how to kind of find out more about that and claim that and how how anybody could contact you and and and walk us down that path.

Seth Greene [00:22:12]:

Absolutely. So the offers at how to find money for college.comforward/training, if you register there, you can watch I think it's almost a 2 hour webinar that we did for a couple 100 parents with myself, our accountant and tax expert, and our admissions counselor Teaching the secrets to college admissions, financial aid, and tax reduction, and then you can go ahead and claim that $197 discount so that your college cost analysis It's free. That's at how to find money for college.comforward/training, or you can just email me, Seth, at how to find money for college.com, and mention that David in Parallel Financial sent you.

David Chudyk [00:22:49]:

Perfect. No. I love it, and I I would encourage any anybody to check that out. I mean, we're, you know, we're potentially looking at 1,000 or tens of 1,000 of dollars of, of of savings and and scholarships and everything else per year. So that's,

Seth Greene [00:23:02]:

Yeah. Because our average is $19,077 a year times 4 years is $80. You got more than 1 kid. You got 2 kids. That's a 160. You got 3 kids. Yeah. So Over a quarter $1,000,000.

David Chudyk [00:23:14]:

Have you ever told anybody, you know what? I mean, just based on what you're saying, I don't know that 4 year degree is right for you. I mean, there's there's there there are tech schools, there are trades and things where you can go almost for free and and make a lot of money right out of school. Have you ever Told someone or or kinda steered them away from a 4 year degree?

Seth Greene [00:23:32]:

We, it's rare, but yes. So we've had 1 or 2 kids over the last 24 years where, we didn't think they were ready.

David Chudyk [00:23:44]:

Mhmm.

Seth Greene [00:23:44]:

So we've had, you know, 1 at went sent 1 to community college

David Chudyk [00:23:48]:

Sure.

Seth Greene [00:23:49]:

To take cheap basic academic Correct. You know, the prereqs you need for anything, get those out of the way at some place cheap while you figure out what you wanna do. And then we did have 1 young woman who ended up going to cosmetology school because that was what she really wanted to do anyway. Sure.

David Chudyk [00:24:06]:

No.

Seth Greene [00:24:06]:

Go ahead. Need a 6 figure, 4 year degree to go do that. You can go local, go cheap, and start your career.

David Chudyk [00:24:14]:

I love it. No. I think that's that's great out of the box advice. If you had a crystal ball, what would you think are going to happen with current student loans. Do you think they're gonna be forgiven? Do you think they won't be? Is that not possible to know? And I I see both sides of it, You know, but and any any insight from your perspective on that?

Seth Greene [00:24:35]:

So you're looking at a political hot potato because obviously, The idea of, oh, you won't have to pay some of your money back buys votes of young adults Who don't wanna have to pay? Hey. That'd be great. It's free money.

David Chudyk [00:24:50]:

Right.

Seth Greene [00:24:50]:

But if you think about who's gonna pay for that Mhmm. It's a trade off. Right? Then all our taxes go up Even more. Our taxes have to double to keep pace with the national debt anyway, not counting college debt.

David Chudyk [00:25:01]:

Mhmm. And

Seth Greene [00:25:02]:

then what happens to all the people who didn't graduate in the right Time window, you know, oh, I graduated 6 years ago. I don't get free money, or it was 10 years ago. And what about the people upcoming who are in school who are gonna be in school in 2 years? The how does it work? So I think there, I economically, I don't think you can do it. I don't think it makes financial sense. Will they do some of it anyway? We're coming up on an election cycle. Mhmm. I don't know if the law will be passed by the time there's an election, but I guarantee you the Democrats will make for whatever your political feelings are. They're gonna make a big push to try and say, look.

Seth Greene [00:25:42]:

We're trying to give you money, and those evil Republicans won't let us.

David Chudyk [00:25:45]:

And the Republicans are gonna say, well, the evil Democrats are trying to give everything for free, and we can't do that. And So it it'll be a political tool for sure. So, so so just like a politician, you just literally didn't answer the question. I love it. That's pretty cool.

Seth Greene [00:25:57]:

My crystal ball's a little I do have 1, but it's a little murky.

David Chudyk [00:26:01]:

Okay. Cool. Awesome. Well, we are The Weekly Wealth Podcast, and we talk about the mindsets, The tactics and the strategies that can help you to build and maintain wealth. So I didn't tell you I was gonna ask you this question, but Seth Green, I'd like to know your definition of wealth. So what does wealth mean to you, to your family, and to the people that you care about in life?

Seth Greene [00:26:21]:

Being able to do what I want, when I want, with whom I want, not having to worry about the price.

David Chudyk [00:26:26]:

I love it. I love it. That's really, really, really simple, having options, and most people answer that question with some sort of freedom, which is, which is a good thing. So awesome. So I will put it in the show notes, but, www.how To find money for college.com/training, check out that webinar. Lot of great information to learn about financial aid if you have a child going to college. What age should they watch that video? What what high school year is a good time to watch that video?

Seth Greene [00:26:57]:

Sooner the better. So it depend so It depends. The more time we have to move assets, if they're movable or restructure income, the bigger an impact we can have. If you show up 2 weeks before the FAFSA is due, Makes our job a lot harder. We can't necessarily pull off a miracle, and we're good, but we're not always that fast, like, we need some prep time. So Normal normal time is junior, starting junior year. My ideal time is freshman or freshman or sophomore year. Can we pull off Hail Marys for kids who are seniors or who are about to head off to college? Depends on the situation.

Seth Greene [00:27:31]:

It's not ideal. Again, So freshman, sophomore, junior year is the best.

David Chudyk [00:27:35]:

Okay. So like anything else, the the the more time to work on it, it gives, gives more time. And tell me your email address one more time?

Seth Greene [00:27:42]:

Seth@howtofindmoneyforcollege.com.

David Chudyk [00:27:45]:

Awesome. Great deal. Well, this was cool. If if you have kids that are Sophomores, juniors, and college, make sure to check it out. This is a huge decision where to go to school, how to pay for school. It has long lasting implications literally for the rest of your Kids' life and also for your own retirement and everything else. These are these are huge expenses. So www.

David Chudyk [00:28:08]:

How to find money for college.com/training, and, Seth, I really appreciate, your time. This was interesting for me, and I may check it out myself.