Parents Must Communicate With Children On College Financing Decisions | American Student Assistance

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Parents Must Communicate With Children On College Financing Decisions

Nov 14th, 2017

FAFSA season is in full swing, so there’s no better time for parents and their college-bound kids to have frank, open conversations about paying for college. Ryan Lane, senior editor at American Student Assistance® (ASA), recently joined financial psychology expert and author Kathleen Burns Kingsbury on her “Breaking Money Silence” podcast to bust the myth that parents need to shield their children from talking about the financial impact of their college decisions. It’s never too early to start having discussions about student debt or putting student loan repayment into the context of life after college, by creating a mock budget of post-grad expenses like rent, utilities, monthly student loan payments, etc. Hear this tip and more as Ryan and Kathleen tackle the taboo of “the college money talk”!