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    Short

    Why Paying Cash for College Is Actually a Financial Mistake

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    Writing a check for tuition feels responsible and is often the most expensive option available. Lance Morgan explains the opportunity cost of liquidating assets for school and what a funded structure does instead.

    • #collegefunding
    • #financialplanning
    • #opportunitycost
    • #wealthstrategy
    • #parents

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    College Funding Checklist

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    From the full episode

    The College Funding Mistake Most Wealthy Families Make

    And then I got into the financial industry and as a financial advisor, I was doing, and teaching the traditional ways of saving and paying for college.
    Listen to the full episode with Lance Morgan

    Frequently Asked Questions

    Why is paying cash for college a financial mistake?
    Lance says paying cash hurts your retirement more than taking loans and paying them back slowly over time, because the cash you hand the school stops working for you while the loan payments are spread out against growing assets.
    Doesn't avoiding loans save interest?
    It saves interest but ignores opportunity cost. Lance's framing is that the return the money would have earned — particularly in cash-flowing real estate — usually outweighs the cost of the borrowing.

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