Ep. 34: College Debt Partially Forgiven – What’s it Mean?

Pallas Capital Advisors COO & Director of Planning, James Landry, ChFC, is joined by Director of Planning & Client Development, Shannon Smith, CFP, AWMA, to discuss paying for college and what the impact of partial debt forgiveness means.  In this episode, James and Shannon Smith discuss:

  • 2:49  College Costs
  • 4:49  Forms of Financial Aid (Grants vs. Scholarships)
  • 6:35  Education Loans
  • 7:40  Qualifying for Financial Aid – FAFSA – EFC – CSS
  • 11:00 More ways to pay for College
  • 12:30 Gifting to fund College
  • 13:30 529 College Savings Accounts
  • 19:10 Coverdale IRA
  • 21:05 UGMA/UTMA
  • 23:16 Roth IRA
  • 25:25 Prepaid Tuition Plans
  • 25:56 Top Benefits of 529 Plans
  • 28:00 Online Tools/Resources
  • 29:30 President Biden and Student Loan Forgiveness

Listen now on Apple Podcasts or Spotify.

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