Experts, Schmexperts
Sunday, June 8th, 2008I’m extremely ticked off so I’ll be quick like a bunny with this email.
I see why so many parents never even bother to apply for financial aid! They’re being told that they make too much money by the so-called experts - this is why I call ‘em “schmexperts”!
Check out this clip. Some well-intentioned “friend” of mine sent me a video from Kiplingers about college financial aid.
This woman, Janet Bodnar, does a decent job explaining why you may want to save in your name, not your child’s, but then she lets lose a colossal, “gi-normous” 100% false statement: If you make a lot of money, like more than a hundred grand, you probably wont’ qualify for aid!
Sweet mother of all things holy! How dumb is she?
This video appeared in an article on MSN.com. The article talks about how Harvard and Yale are giving away money for parents making up to 180K and 200K, respectively!!!
Hello?
This is what Jeff, Brannon, and I are talking about when we tell you, don’t listen to the “schmexperts,” listen to US. Our advice is frequently 180 degrees opposite to your typical trusted advisors, CPAs, guidance counselors, BRACE Advisors, and now, Kiplingers!
Our advice: EVERYONE should apply for financial aid! Case in point - you can go to Harvard (a $50,000 per year school,) for $18,000!
OK, I’m done with my rant.
I’ve gotta calm down. I’m doing a workshop tonight on scholarships for student-athletes.
It would be better if I’m not foaming at the mouth.
Later.
- Jeremy