Jun 23 2020 52 mins 2
In this episode, Trishul and Aaron discuss the value of a college education. Why is there a correlation between household income and education? If you already have enough money saved up for college, is the piece of paper worth more than the dollars spent? And what about the knowledge gained, or the intangible networking effects, or the additional benefits of self-improvement? Aaron admits he may not have been mature enough to forego college, but Trishul thinks he likely learned more from his practical work experience. Household education and incomes may both be effects of the growing income inequality in society. So how then can we get households to emphasize the future when too many need to worry about today? Episode References Revisiting the Value of Elite Colleges Investing Forever - You Can’t Spend the Same Dollar Twice College Savings Calculator Price History Over the Past 30 Years Harvard Initiative to Attract Low-Income Students College Degrees Used to Make Families Wealthier Poor Kids Who do Everything Right don't do Better Which Is Lower, Personal or Business Tax Rates? Government Revenue Sources Where do Federal Tax Revenues Come From? Apple's Cash Mountain: How it Avoids Tax and the Irish Link Why Amazon Pays No Corporate Taxes Busting the Myth Behind, "Welfare Makes People Lazy" Wealth Inequality Charts Thirteen Economic Facts about Social Mobility What It's Like to Be the First Person in your Family to go to College Podcast Description Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.
