Brian Safdari joins the show to share the college planning mistakes that could be costing you thousands! We explore how families can make smarter decisions about college admissions and reduce the cost of higher education. He shares why college planning should begin as early as middle school, emphasizing academic preparation, career assessments, and aligning students' interests, skills, and values with careers that offer strong opportunities. We also explore how to find the right college, navigate the admissions process, and the different kinds of aid to reduce tuition costs. Brian explains why planning ahead and understanding how colleges operate can help families avoid costly mistakes, maximize financial aid, and get a better return on their college investment. Today we discuss...

• How academic preparation, rigorous coursework, and AP and honors classes can strengthen college applications.
• Why students should identify their interests, skills, values, and career goals before choosing a college or major.
• How career assessments and mentorship can help students discover their strengths and find the right career path.
• Why choosing a career with strong job prospects and earning potential is just as important as following a passion.
• How to evaluate colleges based on academic, social, and financial fit.
• Why college connections, internships, networking opportunities, and career placement should factor into choosing a school.
• How colleges use strategic enrollment management and what students can do to stand out in the admissions process.
• Why applying to 6–10 carefully selected colleges may be more effective than submitting applications to 15 or 20 schools.
• How to build a balanced college list with safety, target, and reach schools to improve admissions outcomes.
• Why families should understand the financial aid process and plan around the FAFSA's prior-prior-year tax system.
• How middle- and high-income families can qualify for merit aid, institutional grants, and need-based financial aid.
• Why understanding the Student Aid Index and strategically positioning income and assets can help families qualify for more financial aid.
• Why families should focus on maximizing college grants and financial aid rather than spending excessive time chasing private scholarships.
• How planning ahead can help families reduce college costs, avoid unnecessary student debt, and get a better return on their education investment.

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | Mergent College Advisors

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For more information, visit the full show notes at https://moneytreepodcast.com/college-planning-mistakes-brian-safdari-868