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How To Get Your Kid A College Scholarship
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Optimizing Your Child's College Journey with Jack Wang
In this episode of the New Money, New Problems podcast, we interview special guest Jack Wang, a financial advisor specializing in college planning.
Jack discusses strategies for optimizing your child's journey to college, focusing on how to maximize financial aid and minimize student debt. The conversation covers the importance of aligning extracurricular activities with intended majors, the differences between getting accepted to college and securing financial aid, and the timing of college planning.
We also explore the advantages of less well-known but excellent colleges and the factors to consider when choosing schools. This episode is packed with valuable information for parents looking to plan their children's educational futures effectively.
00:00 Introduction: Navigating Schooling Costs
01:42 Special Guest Introduction: Jack Wang
04:06 Jack's Journey into College Aid Specialization
06:10 Understanding College Admissions and Aid
14:01 Public vs. Private School Strategies
24:33 When to Start College Planning
30:51 Creating a Realistic College List
36:33 Alternative College Options and Financial Strategies
42:13 Conclusion and Contact Information
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