But for many of them, the financial burden of tuition and expenses is just too much. When it comes to paying for higher education, parents might feel like it's their responsibility to cover at least some portion of their child's college costs. Coming up, she'll be here to talk about how families can chart a financial plan. Whalen: WSJ reporter, Melissa Korn has written extensively about the cost of higher education. Melissa Korn: Money is never an easy thing to discuss, but when you're making a financial decision this large, you can't pretend that it's not a factor in your decision.
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Today, we start at square one with how families can have the talk about how to afford college.
We're tackling student debt, how to think about it, manage it, and eventually repay it.
All this week on the show, we've got a special series of conversations lined up for you. Tut there are a lot of other myths and misunderstandings about the cost of higher education out there and they can make figuring out how to pay for college harder than it needs to be. You've probably heard that Americans collectively hold 1.6 trillion dollars in federal student debt. Whalen: Here's Your Money Briefing from Monday April 25th. This version may not be in its final form and may be updated. This transcript was prepared by a transcription service.
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