Lifetime Income Series: Paying for College vs. Making College Pay

It is that time of year when high school graduates don caps and gowns and parents look ahead to the realities of the high cost of a college education. This week on the program, Jim and John will discuss the cost of college, how to plan for it, how to save for it, as well as the many choices and options available. And perhaps why you may want to rethink your college plans. Jim illustrates aspects of this very complex subject through the case study of Joe and Kathy Simpson. The guest this week is Chris Collins, Associate Director with the Office of Financial Aid and Scholarships at San Diego State University. Chris offers advice and tips to parents and students in how to understand and utilize the financial aid component in paying for a college education.