Fall is the time of year when high-school seniors apply to the colleges they want to attend, and my nerves are getting a workout. How should we pay the college bills and deal with the complexities of the financial-aid process?
Here are several ways you can be equipped to better assist with your children’s college plans and minimize the negative impact of debt:
College is an important time in the life of young people, and a good experience will prepare them well spiritually, intellectually and vocationally for their future life. Such an education is worth sacrificing for. Applying the above steps will help you make prudent decisions. God love you.
Phil Lenahan is president of Veritas Financial Ministries and author of 7 Steps to Becoming Financially Free: A Catholic Small Group Study (OSV). Register for “My Veritas Plan” at VeritasFinancialMinistries.com.