Fresh Take: Ron Lieber on "The Price You Pay for College"

Sending a kid to college these days can cost well into the six figures, whether you're looking at state universities or small private colleges. There's merit aid to be had, but how does one find it? How much should you be saving if your kid is in kindergarten? And why have the costs of college skyrocketed? Ron Lieber is the “Your Money” columnist for The New York Times and the author of several books, including The Opposite of Spoiled . His latest bestseller, named one of the "Best Books of 2021" by NPR and just out in paperback, is THE PRICE YOU PAY FOR COLLEGE: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make – a book about who pays what, and why, and how the whole system got so complicated... In this episode, Amy and Ron discuss: how the financial aid process is designed to confuse how early decision has changed the college application process, for better and worse how –and when– to talk to your kids honestly about what college will cost and what your family will be able to contribute some basic approaches and mindsets that will get you saving the right amounts now In this episode we also discuss Ron's article for The New York Times: "Early Decision Isn’t Binding. Let Us Explain." Find THE PRICE YOU PAY FOR COLLEGE in our Bookshop store: https://bookshop.org/books/the-price-you-pay-for-college-an-entirely-new-road-map-for-the-biggest-financial-decision-your-family-will-ever-make/9780062867308 https://ronlieber.com/ @ronlieber on Twitter and Instagram Special thanks to our sponsors for this month: For trusted protection, choose Pampers, the #1 Pediatrician Recommended Brand. Download the Pampers Club App today to start earning rewards with every diaper & wipes purchase. AprilAire is Healthy Air, with professional-grade solutions filling millions of homes. To find out more about the AprilAire Healthy Air System®, visit www.aprilaire.com/fresh . BetterHelp matches you with a qualified therapist in under 48 hours, then you choose among video, phone, or even live chat sessions. Get 10% off your first month at betterhelp.com/fresh . Dermawand is a non-surgical, non-invasive way to achieve dramatically younger-looking skin. Get 20% off your order with code LAUGH20 at dermawand.com . Green Chef is the #1 meal kit for eating well. Use code fresh135 to get $135 off across five boxes, plus free shipping on your first box, at GreenChef.com/fresh135 . KiwiCo projects make summer more awesome! Get 30% off your first month plus FREE shipping on ANY crate line with code MOTHERHOOD at kiwico.com . Metabolic Reds are a delicious superfood blend. Go to getreds.com/fresh and receive a FREE bottle of Metabolic Greens with your order. Outschool helps kids discover new interests! For a limited time, you’ll save $15 on your child’s first class when you go to outschool.com/laughing and use code LAUGHING. Prose is the fully customized healthy hair regimen with your name all over it. Get 15% off your first order at prose.com/laughing . Renzo’s Vitamins “melty tabs” taste great and give your kids the vitamins they need- without the sugar of gummies! Get $5 off with the code FRESH at renzosmagic.com . Learn more about your ad choices. Visit podcastchoices.com/adchoices